The Brazilian Pension Funds Authority (PREVIC) participated in an international mission in London on financial services regulation and sustainable finance for capital markets products, organised by the British Consulate in Brazil. The discussions focused on how regulation can incentivise sustainability, biodiversity and the climate and ecological transition, in the run-up to COP 30 in November in Belém. Director-Superintendent Ricardo Pena represented PREVIC and held bilateral meetings with The Pensions Regulator’s former General Counsel John Ashcroft to exchange experience on Brazil’s pension sector and discuss potential partnerships, and with Nation Employment Savings Trust chair Mark Fawcett on the UK’s pension scheme model for micro and small employers launched in 2008, which reports 13.8 million participants, 1.2 million sponsoring employers and USD 65 billion in assets under management. The mission also included Brazil’s Central Bank, the Securities and Exchange Commission of Brazil (CVM), SUSEP, CNSEG and the Ministry of Finance, and built on Brazil-UK collaboration over the past 24 months on regulatory models across insurance, pensions and capital markets.
Brazilian Pension Funds Authority (PREVIC) 2025-04-11
Brazilian Pension Funds Authority PREVIC joins London sustainable finance regulatory mission and holds bilateral talks with UK pension bodies ahead of COP 30
The Brazilian Pension Funds Authority (PREVIC) joined an international mission in London on financial services regulation and sustainable finance, organized by the British Consulate in Brazil. Discussions focused on regulation's role in promoting sustainability and ecological transition ahead of COP 30. PREVIC's Director-Superintendent Ricardo Pena engaged in bilateral meetings to explore partnerships and shared insights on pension sector models.