This paper offers guidance to policy makers and resolution authorities regarding the application of Key Attributes (KA) to State Owned Banks. It deals with banks that have passed the point of non-viability (PONV) but also discusses early-stage requirements and procedures prescribed by the KAs...

Foreign capital and institutional investors play a key role in the Brazilian capital and financial markets. Internationally promoted regulatory patterns, especially IOSCO principles, have been increasingly influencing administrative rule making by the Brazilian Securities and Exchange Commission...

The article is a report from a descriptive quantitative empirical research of the decisions of the Brazilian Securities Commission (CVM) in administrative sanctioning proceeding, between 2002 and 2014, on the subject of insider trading. The results are presented graphically, compiling...

Portuguese Abstract: O artigo é um relatório de pesquisa empírica quantitativa descritiva das decisões da Comissão de Valores Mobiliários (CVM) em Processos Administrativos Sancionadores, proferidas entre 2002 e 2014, sobre a temática de insider trading. Os resultados são apresentados...

Related Party Transactions (RPTs) are operations with high potential for conflict of interests between shareholders and managers or between controlling and minority shareholders. In environments characterized by concentrated ownership structures, such as in Brazilian, such transactions could be...

Effective macroeconomic intervention requires not only an understanding of the individuals, but of the structure of their interactions as well. In a constitutional democracy, this structure is largely established by the law. Accordingly, it is possible for legal scholars to contribute to...