The Brazil Securities Commission (CVM), through its Securitization and Agribusiness Superintendence (SSE), issued a circular letter to announce targeted updates to the periodic reporting forms for Real Estate Investment Funds (FII) and to enable structured submission of the Portfolio Composition and Diversification Statement (CDA) for FIAGRO via Fundos.Net. For FII, new versions of the monthly, quarterly and annual reports will be available in Fundos.Net from 28 July 2025, and filings submitted from 1 September 2025 must use the new model, with changes reflected in the “self-regulation classification” field. For FIAGRO, Fundos.Net is now set up to receive the CDA using a new association and specification; CDAs with a September 2025 base date must use the new format and are due within 45 days after the end of the relevant quarter, with optional early adoption available for the June 2025 base date.
Brazil Securities Commission (CVM) 2025-07-25
Brazil Securities Commission updates Fundos.Net templates for FII periodic reports and FIAGRO portfolio composition filings
The Brazil Securities Commission (CVM) updated reporting forms for Real Estate Investment Funds (FII) and enabled structured submission of the Portfolio Composition and Diversification Statement (CDA) for FIAGRO via Fundos.Net. New FII report versions will be available from 28 July 2025, with mandatory use from 1 September 2025. FIAGRO's CDA submissions must use the new format for the September 2025 base date, with optional early adoption for June 2025.