The Brazil Securities Commission (CVM) approved a cooperation agreement with the Brazilian Financial and Capital Markets Association (ANBIMA) to support the ongoing development and maintenance of the public offering registration system, Sistema SRE. The agreement, approved at a July 3, 2026 meeting, is aimed at the system’s evolutionary maintenance, with ANBIMA responsible for adjustments, corrections and other improvements as needed. The work will prioritize completion of the pending items under the second amendment to the CVM-ANBIMA technical cooperation agreement signed in 2024. It also provides for an Operational Transition Plan, made up of an Operational Transition phase and an Assisted Operation phase, which will begin at the same time as the Guarantee phase. The agreement will run for five years from signature and may be extended through an addendum. The arrangement builds on a long-running cooperation between the two institutions. Their original agreement, signed in 2014, covered the development and implementation of Sistema SRE for the electronic receipt and processing of public offering registration requests, and was amended in 2022 and again in 2024 to update the system’s scope, define steps for its full delivery, extend the arrangement and adjust the composition of the management committee.
Brazil Securities Commission (CVM)2026-07-07
Brazil Securities Commission approves five year cooperation agreement with ANBIMA to maintain public offering registration system
The Brazil Securities Commission approved a five year cooperation agreement with ANBIMA for the ongoing maintenance and improvement of Sistema SRE, the public offering registration system. Priorities include completing pending items from the 2024 amendment and starting an operational transition plan alongside the Guarantee phase. The agreement may be extended through an addendum.