Brazil´s Bill on Abuse of Authority and the Online Bank Account Attachments
A local Court of Justice in the countryside of Paraná State, Brazil, has recently passed an act communicating that, from January 2020 onward, it will no longer issue any order requesting online bank accounts attachments. The decision was based, amongst other considerations, on the Federal Law no. 13.869/2019 (Bill on Abuse of Authority), issued on September 5th, 2019, that will enter into force in January 2020.
The current issue regarding the lack of quorum in cade's court
The Administrative Council of Economic Defense (“CADE”) is a federal agency linked to the Ministry of Justice, and is the body responsible for authorizing the merger and acquisition of large companies and for punishing predatory pricing practices, abusive pricing, tie-in sales and especially cartel formations.
The period for the information of Foreign
Direct Investment to BACEN expires on March 31st, 2019
We inform that the period for the companies that have received foreign investment in the modality RDE-IED (Electronic Declaratory Register - Foreign Direct Investment) to update their positions of investment in the system of Brazilian Central Bank expires on March 31st.
The Provisional Measure No. 892
The Provisional Measure No. 892 (“PM 892”) was published on August 6th, 2019 by the Government, which alters the writing of the article 289 of Law No. 6.404/1976 (“Corporation Law”) that established the legal obligation of the companies to publish the financial statements on the Official Federal Journal and other newspaper of wide circulation
Capitais Brasileiros no Exterior (CBE) Statement
We inform that the deadline to the Brazilian Funds Abroad (Capitais Brasileiros Exterior - CBE) annual statement has begun on February 15thand shall end on April 5th, 2019, at 6 p.m., according to the Circular number 3.624/2013 of the Brazilian Central Bank.
Corruption within private companies
November 09 - Anne-Catherine Brunschwig and Christina de Aguiar Barbosa
The Brazilian law provides that corruption is only constituted in case of an act committed against public administration, thus involving, consequently, administrative officers. However, the corruption within the private sector is one of the most concerning current issues for the business community. Indeed, this particular type of corruption is as serious and existent for the companies as the corruption involving public administration.
Tamy Tanzilli, invited to the São Paulo French Executive Women’s debate at the Residence of the Consul of France
May 02, Julie Bélizon, for the FEW’s Team
The São Paulo French Executive Women is the professional network of French active women in Brazil who aim to boost their career. Its mission is to promote professional exchanges by being an accessible and solid network. Created recently by four professional women from different backgrounds, the network has 140 members who are now called "FEW".
Labor reform in Brazil. What changes?
July 28, 2017 - Thomas Jefferson Fowler
It was today (07.14.2017), on the Official Gazette of the Federal Executive, the publication of the law nº 13.467/2017. This law alters more than 100 subjects on the current Consolidated Labor Laws (CLT), allowing, among others changes, that the agreement between the employer and employees prevail over the current legislation.
Brazilian Labor Reform: Reshaping the Employer–Employee Relationship