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EDITION 22 - JANUARY 2018

ENVIRONMENTAL LAW:
DEADLINE FOR RURAL ENVIRONMENTAL REGISTRY IS EXTENDED TO MAY 31, 2018

Federal Decree nº 9.257, published in 29.12.2017, extended the deadline for the registry of rural properties in the CAR system. The new Decree extends for the third time the registration deadline. more


LABOR LAW:
BACENJUD: NEW RULES FOR IMPLEMENTING THE ONLINE GARNISHMENT SYSTEM

On November 30, 2017, a number of modifications to the BACENJUD system came into effect, causing the online blocking tool to become more austere. more


REGULATORY LAW:
THE PRIVATIZATION OF CENTRAIS ELÉTRICAS BRASILEIRAS S/A – ELETROBRÁS

Aiming to make the company more operational, competitive and agile, the Ministry of Mines and Energy presented to the Council of the Investment Partnerships Program (CPPI) a proposal for the privatization process of six electricity distributors under shareholding control of ELETROBRAS. more

2018 OIL & GAS AUCTIONS

In 2017, the Oil & Gas market experienced major and significant regulatory changes, turning the sector more attractive to private investors. For the first time, the National Council of Energy Policies has approved a multi-year (2017-2019) auction calendar bringing greater predictability to Brazilian Projects. more


CORPORATE LAW:
NEW NORMATIVE RULES FOR GRANTING RESIDENCE PERMITS

On December 22, 2017, several Normative Resolutions of the National Immigration Council, which rules the granting of residence permits to foreign professionals for employment purposes, were published in the Federal Official Gazette. more

NEW PUNITIVE ADMINISTRATIVE PROCEDURES RULES

Law 13,506, of November 13th, 2017, refers to the punitive administrative procedures to be used by the Central Bank of Brazil (“BCB”) and the Brazilian Securities and Exchange Commission (“SEC”). more

DECLARATORY ACT COCAD 9 INFORMS CHANGES IN THE BRAZILIAL IRS’ SYSTEM

Declaratory Act COCAD 9, of October 23th, 2017, ratified the obligation to point out the final beneficiary of corporate structures, previously introduced by Normative Instruction 1,634/16 (“IN 1,634/16”). more


ANTITRUST LAW:
CADE GRANTS FOR THE FIRST TIME AN INJUNCTION REQUEST AUTHORIZING AN ANTICIPATED CLOSING OF A TRANSACTION

On December 13, 2017, for the first time since the enactment of the new Brazilian Competition Law (Law nº 12.529/2011), Brazilian Antitrust Authority (CADE) granted the an injunction authorizing the anticipate closing of the merger involving the acquisition, by Excelence B.V.’s, of a 60% stake of Rio de Janeiro Aeroportos currently held by Odebrecht. more

ARBITRATION LAW:
STATE OF PARANÁ COURT OF APPEALS RULES ON MULTI-TIERED ARBITRATION CLAUSE AND ANNULS ARBITRAL AWARD

Multi-tiered dispute resolution clauses are those which establishes that the contracting parties shall engage in negotiation, mediation or some other form or combination of alternative dispute resolution prior to commencing litigation or arbitration procedures. more


CONSUMER LAW:
STATE OF SÃO PAULO HAS A SPECIFIC CONSUMER PROTECTION LAW THAT USES FIDELITY PROGRAMS

The new law provides for benefits and larger consumer protection in the scope of the State of São Paulo. São Paulo’s Governor Geraldo Alckmin sanctioned on December 15, 2017, Bill no. 874/2016, which sets forth new standards of protection for consumers in São Paulo, especially those that use fidelity program, loyalty card or similar. more


CRIMINAL LAW:
BRAZILIAN SUPREME COURT RESTRAINS THE POWERS OF THE PROSECUTION IN NEGOTIATIONS OF COLLABORATION AGREEMENTS

After the initiation of the Car Wash Operation, which investigates practices of corruption and related crimes in the Brazilian governmental system, more than a hundred collaboration agreements were already homologated by the Supreme Court. more


INTELLECTUAL PROPERTY:
BRAZIL’S INDUSTRIAL PROPERTY INSTITUTE WILL RECEIVE R$ 20 MILLION IN 2018 FOR IMPROVING PROCESSES AND IT

razilian Ministry of Industry, Foreign Commerce and Services has approved and action plan that foresees an investment of R$ 20 million on the national Industrial Property Institute (INPI) in 2018. more


TAX LAW:
BRAZILIAN AUTHORITIES UPDATE TAX HAVENS AND PRIVILEGED TAX REGIMES LISTS

The Brazilian Federal Revenue Service issued Normative Ruling n. 1,773/2017, in December/2017, by which it updated its list of both tax havens and privileged... more

BRAZILIAN TAX WAR ONE STEP CLOSER TO AN END

In December 15, 2017, the Brazilian National Council of Treasury Policy (“CONFAZ”) approved ICMS Agreement n. 190/2017, by which the States list, in... more



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