The Brazil Securities Commission (CVM) extended until 25 April 2025 its comprehensive survey on the adoption of CBPS 01 (IFRS S1) and CBPS 02 (IFRS S2) in the capital markets, seeking to identify benefits, challenges, levels of knowledge and implementation needs. Coordinated by CVM’s Superintendence of Investor Guidance and Sustainable Finance (SOI), the initiative comprises four distinct online questionnaires tailored to listed companies, independent auditors, specialised sustainability consultancies (including certification and verification providers) and investors/general users. Responses will be treated as confidential, and the input is intended to support CVM’s ongoing monitoring work and facilitate the transition toward a mandatory phase. Launched on 2 April 2025, the questionnaires remain available until 25 April 2025; those for listed companies and independent auditors were distributed based on CVM sampling criteria and registration databases.
Brazil Securities Commission (CVM) 2025-04-17
Brazil Securities Commission extends IFRS S1 and IFRS S2 adoption survey deadline to 25 April 2025
The Brazil Securities Commission (CVM) has extended its survey on adopting CBPS 01 (IFRS S1) and CBPS 02 (IFRS S2) in capital markets until 25 April 2025. Coordinated by CVM’s Superintendence of Investor Guidance and Sustainable Finance, the initiative includes online questionnaires for listed companies, auditors, sustainability consultancies, and investors. The survey aims to assess benefits, challenges, and implementation needs to support CVM's monitoring and transition efforts.