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 Brazilian electric sector
The attention of participants in the electric sector will be directed, until August 4, to discussions of Public Consultation No. 33/2017.
Changes in the Novo Mercado
The changes in the rules of the B3 (Brasil, Bolsa, Balcão) segment called Novo Mercado, approved in June by listed companies, will now be submitted to the Brazilian Securities Commission (CVM) for approval. After this stage, companies will be notified of the final content of the regulation and the deadline for complying with the new rules.
Calculating oil royalties
Decree No. 9,042, promulgated by the President of Brazil in early May, modified the rules for determining the reference price of oil and the basis for calculating royalties and special participations by adding provisions to Decree No. 2,705/1998.
Production of evidence abroad: international legal cooperation  and other instruments
In April of this year, Brazil ratified the Convention on the Taking of Evidence Abroad in Civil or Commercial Matters. This is one of the main multilateral instruments for international legal cooperation and brings in improvements to the speed and effectiveness of measures to produce evidence abroad. Brazil had signed the Convention in 2008, but its entry into force only occurred with the enactment of Decree-Law No. 9,039, of April 27, 2017.
The hybrid nature of preferred shares: equity or liability/debt?
Offering safe alternatives for companies and investors to carry out investments and raise funds is undoubtedly crucial in fostering Brazil's economic activity and capital markets, especially in a crisis scenario.
The impact of the water crisis on tariff review
Just over two years after the water crisis in Southeast Brazil, its effects still have repercussions on the concession instruments or programs in effect within the public sanitation services.
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