The Brazil Securities Commission (CVM) approved a second amendment to its technical cooperation agreement with the Brazilian Financial and Capital Markets Association (ANBIMA), restructuring and consolidating the arrangement to make greater use of self-regulatory activities in investment fund oversight. The amendment reinforces the CVM’s supervisory and enforcement responsibilities and clarifies both institutions’ roles in monitoring funds and service providers regulated under CVM Resolution 175. The revised agreement covers Private Equity Investment Funds and expands cooperation involving Financial Investment Funds (FIFs). New annexes govern information sharing on FIF portfolios containing foreign assets and ANBIMA’s support for the CVM’s annual data collection for the International Organization of Securities Commissions’ Investment Funds Statistics Survey. The agreement will run for 10 years from publication in Brazil’s Official Gazette and may be extended once.
2026-09-03Brazil Securities Commission (CVM)
Brazil Securities Commission expands ANBIMA cooperation on investment fund supervision and data sharing
The Brazil Securities Commission approved an amendment expanding and consolidating its cooperation with ANBIMA on investment fund supervision under CVM Resolution 175. The 10-year agreement clarifies oversight roles, broadens coverage of Financial Investment Funds and adds data sharing on foreign assets and support for IOSCO statistical reporting.