Brazil’s Securities Commission (CVM) hosted a delegation from the China Securities Regulatory Commission (CSRC) at its Rio de Janeiro headquarters to deepen regulatory dialogue and support closer integration between the Brazilian and Chinese capital markets. The meeting was led by CVM Acting President Otto Lobo and Director Marina Copola, with participation from Market Development Superintendent Antonio Berwanger and the head of the CVM’s Economic Analysis, Risk Management and Integrity office, Bruno Luna; the CSRC delegation was headed by Chair Wu Qing. The visit follows an update from Brazil’s Ministry of Finance and the CVM that Chinese regulators authorised the listing in Shanghai and Shenzhen of exchange-traded funds (ETFs) designed to invest in units of Ibovespa ETFs under the Brazil–China ETF Connect programme. The CVM also linked the engagement to ongoing cooperation that began with a March 2024 COSBAN meeting in Beijing and the CVM Board’s approval in June last year to sign an international memorandum with the CSRC focused on investor protection and the integrity of capital markets.
Brazil Securities Commission (CVM) 2025-11-12
Brazil Securities Commission meets China Securities Regulatory Commission delegation to strengthen Brazil–China capital market integration
Brazil’s Securities Commission (CVM) hosted a delegation from the China Securities Regulatory Commission (CSRC) to enhance regulatory dialogue between Brazilian and Chinese capital markets. The meeting follows Chinese regulators authorizing ETF listings in Shanghai and Shenzhen under the Brazil–China ETF Connect programme. This engagement is part of ongoing cooperation initiated at a March 2024 COSBAN meeting and supported by an international memorandum on investor protection and market integrity.