Legal Intelligence

In times of "overinformation" and an increasingly digital society, where a quick acess in a search site can lead to any content anywhere in the world, discussions involving the right to be forgotten – i.e., the withdrawal of personal information from websites and mass media – and its (in)compatibility with the right to freedom of the press are increasingly complex.

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Capital markets

Brazilian Securities and Exchange Commission (CVM) acquits Directors accused of alleged breach of diligence duty

The board of the Brazilian Securities and Exchange Commission (CVM), unanimously, acquitted the defendants in the context of a sanctioning administrative proceeding initiated to determine the responsibility of members of the board of directors for breach of the diligence duty , provided for in article 153 of Law 6,404/76 (Corporation Law).

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Banking, insurance and finance

Census of Foreign Capital in Brazil

The Census of Foreign Capital in Brazil aims to compile statistics on the external sector, especially the International Investment Position, to subsidize the development of the economic policy and support the activities of the economic researchers and international agencies.

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Tax

Maintenance of seizure via BACENJUD system

In a unanimous judgment, the 1st Section of the Superior Court of Justice (STJ) granted the claim of the National Treasury to reaffirm its position regarding the possibility of maintaining the seizure of bank deposits via the BACENJUD system even though the taxpayer subsequently is enrolled on a program to pay such tax credit executed in installments.

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Labor and employment

Approval of MP 1,108/22: impacts for remote working arrangements

The Federal Senate approved, on August 3rd, Executive Order 1,108/22, which substantially changed the rules regarding meal allowances and remote work, provided for in the Consolidated Labor Laws (CLT). The approved text awaits presidential signature, at which point the executive order will be converted into law. The expectation is that the President fully sanctions the text approved by the Brazilian National Congress.