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Tag results for 'Foreign Exchange; Foreign Investment; International Markets; Central Bank; Financial Regulation'

The new Brazilian legal FX framework

In a nationwide effort to strengthen the Brazilian economy by modernising the country’s foreign exchange market, Law No 14,286, enacted in 2021 (and due to become effective as of 30 December 2022), implements significant changes to the FX framework. The new law, which requires specific regulation to be enacted, aims to: (1) achieve freedom of capital flow, (2) project the Brazilian economy internationally, and (3) reduce bureaucracy while maintaining transparency in the foreign exchange market.

Released on Nov 10, 2022

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