VPBG - Insights

CADE’s Tribunal Decides on the Admissibility of Foreign-to-Foreign Transactions

Wed, 29 Jul 2026 00:00:00 GMT

The Administrative Council for Economic Defense (“CADE”) Tribunal has concluded its review concerning a potential change in the interpretation of the notification requirements applicable to foreign-to-foreign transactions.

BACEN issues new resolution expanding access to foreign currency deposit accounts in Brazil

Mon, 27 Jul 2026 00:00:00 GMT

The Central Bank of Brazil (“BACEN”) issued, on June 18, 2026, BCB Resolution No. 575, amending BCB Resolutions No. 277 and No. 278 to expand the circumstances under which foreign currency deposit accounts may be opened and operated in Brazil.

United States Sanctions Brazilian Individuals and Companies for Alleged Ties to the PCC

Wed, 15 Jul 2026 00:00:00 GMT

On July 1, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control imposed sanctions on two Brazilian nationals, three Brazilian companies, and one Portuguese company due to their alleged connections to the Primeiro Comando da Capital.

ANPD intensifies oversight and expands administrative proceedings in 2026

Wed, 01 Jul 2026 00:00:00 GMT

Established in 2019, the Brazilian National Data Protection Agency (“ANPD”) is the authority responsible for safeguarding personal data protection in Brazil, overseeing compliance with the Brazilian General Data Protection Law (“LGPD”), issuing regulations, and applying measures aimed at ensuring compliance by data processing agents.

ANPD Concludes DPO Monitoring Initiative and Signals the Initiation of 21 Administrative Sanctioning Proceedings

Fri, 26 Jun 2026 00:00:00 GMT

The Brazilian Data Protection Agency (“ANPD”) has announced the conclusion of a monitoring initiative aimed at verifying compliance with obligations related to the appointment and disclosure of the Data Protection Officer (“DPO”).

BACEN publishes BCB Normative Instruction No. 739 with a new requirement for the authorization of virtual asset service providers

Tue, 23 Jun 2026 00:00:00 GMT

The Central Bank of Brazil ("BACEN") published, on May 29, 2026, BCB Normative Instruction No. 739 ("BCB IN No. 739"), which amends BCB Normative Instruction No. 704 by establishing a new requirement applicable to the authorization process for the operation of virtual asset service providers ("VASPs").

STF Revokes National Suspension of Proceedings Regarding Hiring of Independent Workers and Legal Entities and Establishes Procedural Framework For Theme 1.389

Fri, 19 Jun 2026 00:00:00 GMT

Justice Gilmar Mendes, rapporteur for Theme 1.389 of General Repercussion at the Supreme Federal Court (STF), issued a decision on June 17, 2026, ordering the lifting of the national suspension of proceedings that address the lawfulness of hiring independent workers and legal entities for the provision of services.

The Impacts of the Classification of PCC and CV as Terrorist Organizations on Corporate Compliance

Fri, 19 Jun 2026 00:00:00 GMT

On May 28, 2026, the United States Department of State designated the criminal organizations Comando Vermelho (Red Command – “CV”) and Primeiro Comando da Capital (First Capital Command – “PCC”) as Specially Designated Global Terrorists (“SDGTs”) and announced their classification as Foreign Terrorist Organizations (“FTOs”), effective as of June 5, 2026.

NR-1: Decision Suspends Enforceability and Application of Sanctions Related to Psychosocial Risk Management for Industries in the State of São Paulo

Wed, 17 Jun 2026 00:00:00 GMT

The 9th Federal Civil Court of São Paulo granted a preliminary injunction in a Public Civil Action filed by the Federation of Industries of the State of São Paulo (FIESP) and several employer unions to suspend the enforceability of compliance with obligations related to the management of psychosocial risk factors under Regulatory Standard No. 1 (NR-1), as well as the application of sanctions in the event of non-compliance.

End of the 6x1 Work Schedule: House of Representatives Approves Constitutional Amendment Proposal No. 221/2019 to Reduce Weekly Working Hours and Increase Weekly Paid Rest

Tue, 16 Jun 2026 00:00:00 GMT

On May 27, 2026, the Brazilian House of Representatives approved Constitutional Amendment Proposal (PEC) No. 221/2019, which provides for the reduction of the maximum weekly working hours from 44 to 40 hours and guarantees two days of paid weekly rest, without any salary reduction.