Recently created government fund for secured infrastructure projects in Brazil

The other day a foreign investor who was looking into potential infrastructure projects in Brazil asked me whether the Brazilian Government makes use of Sovereign Guarantees, Bank Guarantees and/or SBLC’s to attract and secure foreign investors (ment). At least for infrastructure, I believe the most suitable instrument would be the Brazilian Law 12.712/2012, Art. 32, whichContinueContinue reading “Recently created government fund for secured infrastructure projects in Brazil”

Brazilian Central Bank publishes Fintech regulations

On April 24th, 2018, the Brazilian National Monetary Council (CMN) approved Resolutions 4.656 and 4.657, which regulate the performance of financial technology companies (known as Fintechs) operating in the credit market. According to Resolution 4.656/2018, Fintechs may operate within the following two frameworks: Direct Credit Society, or SCD (Sociedade de Crédito Direto), through which FintechsContinueContinue reading “Brazilian Central Bank publishes Fintech regulations”

2018 Economic Outlook Brazil: Foreign Policy

This is the third chapter of the series of posts on the “2018 Economic Outlook Brazil” that is based on the Presidential Message delivered to the Brazilian National Congress in February, 2018 by President Temer. The official document, in its entirety, advises on the key national policies divided into five central pillars: Economy, Infrastructure, Social, ForeignContinueContinue reading “2018 Economic Outlook Brazil: Foreign Policy”

Brazilian government reduces import tariffs on ICT and capital goods

The Brazilian Foreign Trade Chamber (CAMEX) issued Resolutions No. 14 and 15/2018, reducing to zero percent the import tax on capital goods (780 items) and computer and telecommunications goods (50 items). The tariff reductions that entered into force on February 28th under the Brazilian Ex-tarifário regime are temporary and will be in place until DecemberContinueContinue reading “Brazilian government reduces import tariffs on ICT and capital goods”

2018 Economic Outlook Brazil: Regulated Markets

This is the second chapter of the series of posts on the “2018 Economic Outlook Brazil” that is based on the Presidential Message delivered to the Brazilian National Congress in February, 2018 by President Temer. The official document, in its entirety, advises on the key national policies divided into five central pillars: Economy, Infrastructure, Social, ForeignContinueContinue reading “2018 Economic Outlook Brazil: Regulated Markets”