The Antitrust Law (Law No. 12,529/2011) establishes three objective criteria that determine whether a corporate transaction must be filed with the Administrative Council for Economic Defense (Cade), namely whether it produces effects in Brazil, characterizes economic concentration and meets the turnoverthreshold.

The new version of the Issuer Manual approved by the Brazilian Securities and Exchange Commission (CVM) aligns mechanisms for disclosure of material facts with the changes introduced in CVM Instruction No. 358/2002 by CVM Instruction No. 590/2017, which amended paragraph 2 of article 5 of the previous text, now in force with the following wording:

Decision No. 076/2018/C by the Board of Directors of the Environmental Agency of the State of São Paulo (Cetesb), which conditions the issuance or renewal of environmental licenses on the structuring and implementation of reverse logistics systems, accordance with the procedures set forth in the rule, will enter into force on June 4th.

The Specialized Collective Dispute Division (SDC) of the Superior Labor Court (TST) authorized the Brazilian Post Office to collect from its employees’ monthly pay and co-share payment for their health plan (at the rate of 30%, provided that it does not exceed 5% of salary in the case of coinsurance payment and between 2.5% and 4.4% in the case of monthly pay, depending on the salary). In turn, spouses will pay 60% of the monthly fee. Until then, the Brazilian Post Office covered 90% of the costs of the health plan, as provided for in the collective bargaining agreements in force up to July 31, 2018.

In order to increase collection, the Federal Government decided to sell the 17% ownership it holds in emphyteutic real estate property. With this measure, individuals, who hold 83% of these properties (useful domain), will become their full owners.

The public notice for projects qualified during the fifth meeting of the Council of the Investment Partnership Program (CPPI), held on March 25, is expected to be published by next quarter, and the auction is expected to be held later this year for contracts for the beginning of 2019.