Legal News 1b681u
26Dec 2024
COAF applies fines for the omission of suspicious transactions 604g1u
The Financial Activities Control Council (“COAF”), the agency responsible for monitoring and preventing money laundering practices, applied fines totaling BRL 55.7 million to companies operating in the financial and luxury sectors throughout 2024. These sanctions were...
26Dec 2024
ANPD launches Guidance for DPOs | What do you need to know? 4q6e3o
On Thursday 19 December 2024, the National Data Protection Authority (ANPD) published the Guidance for...
16Oct 2024
GUIDE ON THE REPORTING OF DATA SECURITY INCIDENTS 6v1b5s
This Guide was prepared by the TMT and Privacy and Data Protection team at Azevedo Sette Advogados to serve as initial guidance for a Controllers decision regarding the report of a security incident to the National Data Protection Authority...
04Oct 2024
The Superior Court of Justice (STJ) rules that electronic signatures outside the I-Brasil system are valid 1u1y65
In a ruling by the 3rd in REsp 2159442/PR (2024/0267355-0), the Superior Court of Justice (STJ) recognized the validity of an electronic signature made through a digital platform not certified by the Brazilian Public Key Infrastructure...
24Sep 2024
BETs that have not submitted Authorization Requests in Brazil shall be prohibited from operating starting October 1st, 2024 5g65d
On September 17, 2024, Ordinance SPA/MF 1,475/2024 came into effect, outlining the conditions and deadlines for compliance adjustment, until December 31, 2024, for legal entities engaged in the fixed-odds betting lottery format, commonly known as...
28Aug 2024
Brazil’s data protection authority (ANPD) regulates the international transfer of personal data 4j1mi
As of August 23, ANPD Resolution CD/ANPD 19/2024 has come into effect, under which ANPD has approved the International Data Transfer Regulation and the content of the standard contractual clauses. This topic is one of the items in Phase 1 of ANPD’s Regulatory Agenda for...
14Aug 2024
The Legal 500 | TMT Country Comparative Guides 2024 2d2315
Our senior partner and leader of the TMT - Telecommunications, Media, and Technology team at Azevedo Sette Advogados, @barretto.ricardo, is the exclusive author of the Brazil Chapter in "The Legal 500: TMT Comparative Guide," with contributions from Ingrid Bandeira Santos,...
25Jul 2024
Financial Activities Control Council (COAF) c2i6l
Recent COAF decisions in two istrative Sanctioning Processes (“Decisions”), published on June 25, 2024, imposed million-dollar fines on the Brazilian subsidiary of an international conglomerate in the luxury market. The penalty was motivated by non-compliance standards...