The Brazil Securities Commission (CVM) took part in the ALFI Global Asset Management Conference 2025 in Luxembourg and held an additional exchange in Paris with the French Asset Management Association (AFG), focusing on Brazil’s asset management market and recent regulatory developments relevant to international investors. CVM’s Superintendent for Institutional Investor Supervision, Marco Antonio Velloso, spoke on the “Brazil in the spotlight” panel, covering market conditions, trends and growth opportunities and pointing to regulatory developments including CVM Resolution 175 (opportunities for overseas investment), Joint Resolution 13 by the Central Bank of Brazil and CVM (simplifying the process for foreign individuals to invest directly in Brazil), and CVM Resolution 214 (final rules for Agro-Industrial Production Chain Investment Funds, FIAGRO). The Paris discussions with AFG also addressed the expansion in the number of investors to 60 million investment accounts, initiatives aimed at simplifying inbound and outbound foreign investment, investor protection and fee transparency measures, and growing demand for European Union investment products, including ETFs, across client segments.
Brazil Securities Commission (CVM) 2025-03-27
Brazil Securities Commission highlights recent fund and cross-border investment rule changes at ALFI Global Asset Management Conference
The Brazil Securities Commission (CVM) attended the ALFI Global Asset Management Conference 2025 and met with the French Asset Management Association in Paris, focusing on Brazil's asset management market and regulatory developments. Key topics included CVM Resolution 175, Joint Resolution 13, and CVM Resolution 214, addressing overseas investment opportunities, foreign investment simplification, and FIAGRO rules. Discussions also covered investor protection, fee transparency, and the rising demand for EU investment products.