BRAZIL: The Brazilian Government brings before the Congress the startup regulatory framework bill

January 2021 – Brazil – Rossetti Advogados On October 20, 2020, the Federal Government brought before the Brazilian Congress a bill (PL) to create the so-called Regulatory Framework for Startups. Based on Supplementary Bill 249/20, the bill seeks to create a better business environment, simplify the organization of such companies, stimulate investment in innovation and foster

BRAZIL: The Central Bank of Brazil publishes rules on the operation of the Regulatory Sandbox

December 2020 – Brazil – Rossetti Advogados The Central Bank of Brazil and the National Monetary Council published, on October 26, 2020, Central Bank (BC) Resolution No. 29 and National Monetary Council (CMN) Resolution No. 4.865, to establish rules relating to the conduction of experiments in a Controlled Environment, named regulatory Sandbox, in which authorized companies may test, under certain conditions, projects that

BAZIL: New directions for governance?

Article published at the Brazilian reputable business newspaper “Valor Econômico” On October 23rd, 2020 Written by Maristela SA Rossetti The COVID-19 pandemic has affected not only the economy, but also various social, political and cultural dynamics in Brazil and worldwide. The adoption of confinement as one of the main strategies to combat the spread of

BRAZIL: The General Data Protection Law takes effect – changes and effects of the law

October 2020 – Brazil – Rossetti Advogados Law No. 14.058/20 was sanctioned last September 18, 2020. It resulted from the conversion of Provisional Measure No. 959, dated April 29, 2020, which regulated the general part of obligations of the General Data Protection Law – Law No. 13.709/18(“LGPD”). Thus, the legal framework governing the use, protection and transfer of personal data