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Jéssica de Alencar Araripe

Lawyer

+55 11 3150-7091
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With 15 years of professional experience in corporate law, Jéssica de Alencar Araripe specializes in Banking & Finance, Investment Funds and Capital Markets. She works on the legal structuring of investment funds and financial transactions, as well as issuances and public offerings of securities, such as investment fund units, Receivables Certificates, Debentures, Commercial Notes and Financial Bills. She provides advice on regulatory matters relating to the Brazilian Securities and Exchange Commission (CVM) and the Central Bank of Brazil (BACEN). She also works on M&A and corporate transactions involving companies regulated by the CVM or BACEN. She is the author of more than 65 articles in the areas of investment funds, banking law and capital markets published in specialized legal journals. She has significant experience advising national and international banks, asset managers and regulated companies in the financial market.

Education

  • University of São Paulo Law School (Bachelor of Laws, 2016)
  • MBA Essentials, London School of Economics and Political Science (July 2024)
  • Master of Business Administration (MBA) in Financial Markets – Saint Paul Business School (July 2025)
  • Saint Paul Business School - Derivatives - Terms, Futures, Swaps and Options, 2025
  • Saint Paul Business School - Valuation Fundamentals, 2024
  • Saint Paul Business School - Credit - Risk Analysis and Assessment, 2024
  • Saint Paul Business School - Quantitative Methods Applied to Business, 2024
  • Saint Paul Business School - Financial Market: Intermediation, Instruments and New Technologies, 2024
  • Saint Paul Business School - Capital Markets, 2023
  • Saint Paul Business School - Economic Feasibility Analysis of Investment Projects, 2023
  • Saint Paul Business School - Corporate Governance, Compliance and Ethics, 2023
  • Saint Paul Business School - Compliance and Internal Controls, 2023
  • Saint Paul Business School - Economic Scenario, 2023
  • Saint Paul Business School - Cryptocurrencies - Markets, Bitcoin, Altcoins and Blockchain, 2023
  • Saint Paul Business School - Presentation Techniques, 2023
  • Saint Paul Business School - Strategic Leadership, 2023
  • Saint Paul Business School - Financial Statement Analysis, 2023
  • Future Law - Non-fungible Tokens (NFT) in Practice, 2023
  • Future Law - Lawgile - Agile Legal Methodologies, 2022
  • Saint Paul Business School - Financial Mathematics, 2022
  • Witseed - End-to-End Leadership Track, 2022
  • ESA/OABRJ - Advanced Course in Capital Markets: Based on CVM Leading Cases, 2021
  • Machado Meyer Advogados - Certification on Kira's Artificial Intelligence technology, 2021
  • Instituto Propague - Fintechs: Regulations and Innovations in Financial Services, 2021
  • FGV DIREITO SP - Taxation of Corporate Transactions and Business Operations, 2021
  • FGV DIREITO SP - Accounting Applied to Law, 2020
  • Future Law - Banking 4.0, 2020
  • Saint Paul Business School - Corporate Finance, 2019
  • FGV DIREITO SP - Taxation of Financial Market and Capital Markets Transactions, 2018

Other qualifications

  • Lecturer for the course Corporations Law in Practice (Lei das S.A. na Prática), by Future Law (June 2026): Taught the classes “Algorithmic Governance and Investor Protection” and “Technological Capital Markets"
  • Mentor and mentee in the Mentorship Program of the Brazilian-American Chamber of Commerce (Feb. 2026 – May 2026)
  • Mentor of the Legal Practice Project of the Insper Law School – 3rd cohort (Sep. 2025 – Nov. 2025)
  • Mentee in the Mentorship Program of the Brazilian-American Chamber of Commerce (May 2025 – Aug. 2025)
  • Mentor of Casa Mentora 2025 – Casa José Coltro (Apr. 2025 – Jun. 2025)
  • Mentor of the Legal Practice Project of the Insper Law School – 2nd cohort (Aug. 2024 – Dec. 2024)
  • Guest lecturer for the Investment Funds course – Ibmec Law School (Nov. 2024): Class on “AML/CFT in Investment Funds” in the Investment Funds course, coordinated by LDE Ibmec
  • Mentor of the Legal Practice Project of the Insper Law School – 1st cohort (Mar. 2024 – Jun. 2024)
  • Mentee in the Women in Finance program by Fin4She (Jan. 2024 – Feb. 2024)
  • Co-author of the article “A Shielded Central Bank: Implications of PEC 65/23 for the Financial System”, published in Migalhas, June 2026
  • Author of the article "FIAGRO – Investment Fund in Agroindustrial Production Chains – Regulatory and Tax Aspects”, published in the Banking and Capital Markets Law Review (Revista de Direito Bancário e do Mercado de Capitais – RDB), No. 110, May 2026
  • Author of the article “The DI Rate in Banking Contracts”, published in the Revista dos Tribunais Online Bulletin (Boletim Revista dos Tribunais Online), March 2026
  • Author of the article “LCI and LCA in Transformation: Main Aspects and Updates of CMN Resolution No. 5,215/2025”, published in the Revista dos Tribunais Online Bulletin (Boletim Revista dos Tribunais Online), February 2026
  • Author of the chapter "FIAGRO: A New Investment Frontier in Brazilian Agribusiness”, included in the collective work Essays on Banking Law: Connections between Practice and Doctrine – OAB SP Collection (Ensaios sobre Direito Bancário: Conexões entre Prática e Doutrina – Coleção OAB SP), Volume 35, October 2025
  • Co-author of the article “Fiduciary Agent in Public Securitization Offerings”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), September 2025
  • Co-author of the article “CVM Eases Rules on ETFs and ETF BDRs”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), August 2025
  • Co-author of the article “CVM Opens Public Consultation to Change Rules on Public Securities Offerings”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), August 2025
  • Author of the article “Capital Markets and the FÁCIL Regime: A New Paradigm for Debt Issuances by Smaller Companies”, published in Migalhas, July 2025
  • Co-author of the article "BIS - Bank for International Settlements: Digital Infrastructure and Stablecoin Risks”, published in Migalhas, July 2025
  • Co-author of the article "FIAGRO: New CVM Guidelines on the Subsidiary Application of Rules from Other Funds”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), July 2025
  • Co-author of the article “Central Bank: Learn About the Regulatory Agenda for 2025/2026", published on the Legal Intelligence Portal (Portal Inteligência Jurídica), May 2025
  • Co-author of the e-book “Endowment Fund”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), April 2025
  • Co-author of the article "FII: CVM Guidelines on Limiting Unitholder Liability”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), March 2025
  • Co-autora da seção de Fundos de Investimento (Investment Funds 2025) do Global Practice Guides (Brazil), publicado pela Chambers and Partners, fev. 2025
  • Co-author of the article “CVM Regulatory Agenda for 2025", published on the Legal Intelligence Portal (Portal Inteligência Jurídica), January 2025
  • Co-author of the article “New Guidelines from CVM’s Technical Areas for Investment Funds”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), December 2024
  • Co-author of the article “CVM Holds Public Consultation on Regulation of Debentures Issued in the Capital Market”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), November 2024
  • Co-author of the article “Investment Funds: CVM Publishes New Guidelines”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), November 2024
  • Co-author of the article “CVM Issues Guidance to Administrators and Managers of FII and FIDC", published on the Legal Intelligence Portal (Portal Inteligência Jurídica), November 2024
  • Author of the article “Study on the Main Aspects of Securitization in Brazil”, published in the Banking and Capital Markets Law Review (Revista de Direito Bancário e do Mercado de Capitais), vol. 106/2024, November 2024
  • Author of the article “Fiagro as an Investment Vehicle for the Decarbonization of the Economy”, published in JOTA, October 2024
  • Co-author of the article "Fiagro: Learn About CVM’s Final Regulation”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), October 2024
  • Co-author of the e-book “AML/CFT in Investment Funds”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), August 2024
  • Co-author of the article "FIAGRO – Investment Fund in Agroindustrial Chains”, published in Open Capital Magazine (Revista Capital Aberto), April 2024
  • Co-author of the e-book “Discover the Advantages of Securitization in Brazil”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), April 2024
  • Co-author of the article “Investment Funds: Adaptation to the Investment Funds Regulatory Framework Extended”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), March 2024
  • Author of the article “Real Estate Receivables Certificates (CRI): Regulatory Evolution and Leading Cases”, published in the Banking and Capital Markets Law Review (Revista de Direito Bancário e do Mercado de Capitais), vol. 103/2024, March 2024
  • Co-author of the article “Suitability and ESG Financial Products”, published in Open Capital Magazine (Capital Aberto), February 2024
  • Co-author of the e-book “Investment Funds: Regulatory and Tax Aspects. Updated in Accordance with CVM Resolution 175/22", published on the Legal Intelligence Portal (Portal Inteligência Jurídica), January 2024
  • Author of the article “Football Corporations (SAFs): Access to Investment Funds and Securitization Transactions”, published in the Courts Law Journal (Revista dos Tribunais), vol. 1057/2023, November 2023
  • Co-author of the article “Legal Framework for Guarantees: Understand the Main Updates”, published in Open Capital Magazine (Capital Aberto), November 2023
  • Co-author of the article "Drex: Understand the Evolution of the Brazilian Digital Currency”, published in Open Capital Magazine (Capital Aberto), October 2023
  • Co-author of the article “Investment Funds Regulatory Framework Comes Into Force”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), October 2023
  • Co-author of the article “CVM Supplements Understanding on Receivables and Fixed-Income Tokens and Clarifies CCB, CCCB, CCI and Crowdfunding”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), July 2023
  • Co-author of the article “Education and Innovation: Partnership Between CVM and ABCripto Focuses on the Crypto Economy”, published in Migalhas, June 2023
  • Co-author of the article “CVM Releases Regulatory Annexes for Investment Funds”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), June 2023
  • Co-author of the article “Financial Investment Funds: New CVM Guidelines”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), May 2023
  • Co-author of the article “Central Bank Publishes Regulation for the RD Pilot", published on the Legal Intelligence Portal (Portal Inteligência Jurídica), May 2023
  • Co-author of the article “CVM Guidelines on Receivables and Fixed-Income Tokens Considered Securities”, published on Portal Migalhas, April 2023
  • Co-author of the article “Investment Funds Regulatory Framework: New CVM Guidelines”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), April 2023
  • Co-author of the e-book “Investment Funds Regulatory Framework - CVM Resolution No. 175", published on the Legal Intelligence Portal (Portal Inteligência Jurídica), April 2023
  • Co-author of the article “BACEN Launches Real Digital Pilot Project", published on the Legal Intelligence Portal (Portal Inteligência Jurídica), March 2023
  • Author of the article "Real Digital and the Modernization of the National Financial System in the Context of the Digitalization of the Global Economy”, published in the Law and New Technologies Review (Revista de Direito e as Novas Tecnologias – RDTec) by Thomson Reuters, vol. 16/2022, October 2022
  • Co-author of the article “CVM Guidelines for the Crypto-Assets Market”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), October 2022
  • Co-author of the article “ITBI on the Payment of FII Units Through the Contribution of Real Estate”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), October 2022
  • Co-author of the article “Guidelines on CVM Supervision Fee for the Investment Fund Sector”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), September 2022
  • Co-author of the article “CBDC and DeFi: The BIS’s View and the Central Bank’s Actions”, published in Finsiders, September 2022
  • The article “Regulation of Crypto-Assets, Initial Public Offerings of Crypto-Assets and Crypto-Asset Investment Funds in the Capital Market”, authored by her, was selected for inclusion in the Selected Bibliography edition of the Superior Court of Justice (STJ), specially dedicated to the topic of cryptocurrencies, August 2022
  • Co-author of the article “Decentralized Finance (DeFi) and the Building of the Financial System of the Future”, published in the Legal Consultant Journal (Revista Consultor Jurídico – ConJur), August 2022
  • Co-author of the article “Receivables Certificates and Restricted Public Offering”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), August 2022
  • Co-author of the article “Decentralized Finance (DeFi): Regulatory Challenges and OECD Recommendations”, published in the Legal Consultant Journal (Revista Consultor Jurídico – ConJur), August 2022
  • Co-author of the article “Legal Framework for Securitization Companies: Comments on the Enactment of Law 14,430/22, Which Unifies Securitization Rules”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), August 2022
  • Author of the article “Legal Framework for Securitization Companies: Highlights of the Legislative Reform and CVM Regulation for the Receivables Securitization Market”, published in the Courts Law Journal (Revista dos Tribunais), vol. 1041/2022, July 2022
  • Author of the article “The Liability of the Fiduciary Administrator as Gatekeeper of the Investment Fund Industry”, published in the Banking and Capital Markets Law Review (Revista de Direito Bancário e do Mercado de Capitais – RDB), No. 95, March 2022
  • Co-author of the article “IOSCO International Recommendations and ANBIMA Self-Regulation for Sustainable Investment Funds”, published in the Courts Law Journal Online (Revista dos Tribunais Online), vol. 23/2022, January 2022
  • Co-author of the article “New CVM Regulation Allows FIAGROs to Be Structured Starting in August”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), July 2021
  • Co-author of the article "FIAGRO: After Congress Overturns Vetoes, Agribusiness Gains Financing Mechanisms with Tax Attractiveness for Investors”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), June 2021
  • Author of the technical note “STF Decision Declaring Unconstitutional the Fee Charged on Unused Overdraft Facility”, published in the Courts Law Journal Online (Revista dos Tribunais Online), vol. 1029/2021, May 2021
  • Co-author of the article "FIAGRO: A New Private Financing Alternative for Brazilian Agribusiness”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), April 2021
  • Author of the article “The Influence of IOSCO Principles on the Construction of the Current Regulatory Framework of the Brazilian Securities and Exchange Commission Applicable to Investment Fund Administrators and Managers”, published in the Banking and Capital Markets Law Review (Revista de Direito Bancário e do Mercado de Capitais – RDB), No. 91, March 2021
  • Co-author of the article “CVM Eases Rules to Address Investment Fund Industry Concerns During the Coronavirus Pandemic”, published on the Legal Intelligence Portal (Portal Inteligência Jurídica), April 2020
  • Author of the article “Regulation of Crypto-Assets, Initial Public Offerings of Crypto-Assets and Crypto-Asset Investment Funds in the Capital Market”, published in the Law and New Technologies Review (Revista de Direito e as Novas Tecnologias – RDTec), September 2019
  • Author of the article “Main Aspects of the Infrastructure Investment Fund”, published in Migalhas, May 2019
  • Co-author of the article "Endowment: Do You Know What Endowment Funds Are?”, published in Migalhas, March 2019

Entities

  • Brazilian Bar Association (OAB)
  • Co-chair of the Economics and Finance Committee of the British Chamber of Commerce and Industry in Brazil – Britcham
  • Member of the Compliance Committee of the Association of International Banks – ABBI
  • Member of the Financial Market Law Committee of the Brazilian Institute of Business Law – IBRADEMP
  • Member of the Banking & Capital Markets and Young Professionals Committees of the Brazilian-American Chamber of Commerce
  • Member of the Special Banking Law Committee and other thematic committees of the São Paulo Bar Association (OAB/SP)
  • Member of the Legal & Tax Committee of the Official Spanish Chamber of Commerce in Brazil
  • Member of the Legal Committee of the Japanese Chamber of Commerce and Industry of Brazil – CCIJB
  • Member of thematic committees of ABVCAP (Brazilian Private Equity and Venture Capital Association)

RECOGNITIONS

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