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BETs that have not submitted Authorization Requests in Brazil shall be prohibited from operating starting October 1st, 2024

On September 17, 2024, Ordinance SPA/MF 1,475/2024 came into effect, outlining the conditions and deadlines for compliance adjustment, until December 31, 2024, for legal entities engaged in the fixed-odds betting lottery format, commonly known as...

Brazil’s data protection authority (ANPD) regulates the international transfer of personal data

As of August 23, ANPD Resolution CD/ANPD 19/2024 has come into effect, under which ANPD has approved the International Data Transfer Regulation and the content of the standard contractual clauses. This topic is one of the items in Phase 1 of ANPD’s Regulatory Agenda for...

The Legal 500 | TMT Country Comparative Guides 2024

Our senior partner and leader of the TMT - Telecommunications, Media, and Technology team at Azevedo Sette Advogados, @barretto.ricardo, is the exclusive author of the Brazil Chapter in "The Legal 500: TMT Comparative Guide," with contributions from Ingrid Bandeira Santos,...

Financial Activities Control Council (COAF)

Recent COAF decisions in two Administrative Sanctioning Processes (“Decisions”), published on June 25, 2024, imposed million-dollar fines on the Brazilian subsidiary of an international conglomerate in the luxury market. The penalty was motivated by non-compliance standards...

ANPD approves a Regulation on the Role of the Data Protection Officer (DPO)

The National Data Protection Authority (ANPD) approved and published, on Tuesday (07/16), the Regulation on the role of the Data Protection Officer - CD_ANPD Resolution No. 18, of July 16, 2024, published on the Brazilian Official Gazette (DOU) of July 17, 2024 - a role created...

Companies with foreign capital have until August 15th 2024 to declare the 2023 base year annual census to the Central Bank of Brazil

Every year, the Central Bank conducts census in connection to foreign investments in the country, with the goal of consolidating information on the contribution of capital from non-residents and general data about the foreign sector....

Client Alert | Brazil has new rules with Provision No. 161

On May 2, 2024, Provision No. 161 (“Provision”) came into force, which amended the National Code of Standards of the National Inspectorate of Justice of the CNJ, to update the provisions related to duties to prevent money laundering and the financing of terrorism and...

Brazil now has a legal framework for electronic games

Do you or your company operate in the electronic games’ market? If so, be aware of the new law that establishes the legal framework for electronic games in Brazil, which is already in force with a robust set of rules for compliance and protection of the rights of children and...
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