Rule · CVM · 5 May 2020

CVM Instruction No. 623 (Repealed)

The Brazilian Securities and Exchange Commission (CVM) issued Instruction No. 623 to amend CVM Instruction No. 481 by updating Article 21-E to mandate that public companies retain the recordings specified in Article 21-C, § 1º, II, for the same duration as other required disclosures. This amendment legally binds issuers to preserve these records alongside standard reporting obligations, ensuring complete audit trails for regulatory compliance. The instruction entered into force immediately upon its publication on May 5, 2020.

BrazilComissão de Valores Mobiliários
Annotations and obligations
1 obligation · 4 definitions
  • Obligation 1
  • Definition / condition 4
  • background, boilerplate

Lineage: In force

CVM Instruction No. 481 of Dece…2009CVM Instruction No. 481 of December 17, 2009 (Revoked) (2009-12-17)CVM Instruction No. 623(Repealed)2020-05-05 · this documentCVM Instruction No. 623 (Repealed) (2020-05-05)
amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

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