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Regulatory Report


The National Water and Sanitation Agency (ANA) submitted to public consultation, for a period of 45 days, a regulatory priority proposal concerning the Regulatory Agenda of Sanitation for the 2020-2022 period, in accordance with the new regulatory framework instituted by Law n. 14.026/2020.

The Federal Government issued Law n. 14.060/2020, extending the exceptional one-year deadline postponement of the Drawback Regime compliance terms. The law aims at avoiding further production insecurity than the one caused by the pandemic.

The Federal Government issued Law n. 14.060/2020, extending the exceptional one-year deadline postponement of the Drawback Regime compliance terms. The law aims at avoiding further production insecurity than the one caused by the pandemic.

The National Investment Resolution n. 99/2020 and Resolution n. 100/2020 of the Ministry of Economy updated the list of capital goods (BK) and computer and telecommunications goods (BIT) subject to the temporary exemption on the Import Tax granted by the “ex-tariff” regime.

The Foreign Trade Chamber (CAMEX) postponed the validity of the “Covid-19 list” of import tariff exemptions, covering products used in the fight against the pandemic. CAMEX also added 12 products, including two vaccine descriptions, to the list that now is composed of 562 products (293 tariff lines).

RDC Resolution n. 421/2020 of the Brazilian Health Regulatory Agency (ANVISA) issued labeling requirements for new formulas of products subject to sanitary surveillance, in accordance with a judicial sentence. The resolution covers a large set of products, such as food, hygiene products, medical devices and pesticides, each provided with a normative instruction. Companies must comply by September 1st, 2021.

RDC Resolution n. 421/2020 of the Brazilian Health Regulatory Agency (ANVISA) issued labeling requirements for new formulas of products subject to sanitary surveillance, in accordance with a judicial sentence. The resolution covers a large set of products, such as food, hygiene products, medical devices and pesticides, each provided with a normative instruction. Companies must comply by September 1st, 2021.

The Decree n. 10.178/2019, also known as “Licensing 4.0”, came into force on September 1st 2020. Following the decree, many Federal Public Administration bodies issued regulations on risk classification and maximum time for the liberation of supervised business activities, as provided by the Law of Economic Freedom (Law n. 13.874/2019).

The Decree n. 10.178/2019, also known as “Licensing 4.0”, came into force on September 1st 2020. Following the decree, many Federal Public Administration bodies issued regulations on risk classification and maximum time for the liberation of supervised business activities, as provided by the Law of Economic Freedom (Law n. 13.874/2019).

The National Civil Aviation Agency (ANAC) revoked 47 regulations considered obsolete or without practical effects, as a part of ANAC’s normative quality project. As with other federal government bodies, it seeks to comply with Decree n. 10.139/2019.

Law n. 14.034/2020 instituted emergency measures to mitigate the effects of COVID-19 on the aerospace sector and extinguished an additional charge on international boarding fees. Such measures seek a better economic recovery for the sector and to make the Brazilian market more competitive.

Law n. 14.034/2020 instituted emergency measures to mitigate the effects of COVID-19 on the aerospace sector and extinguished an additional charge on international boarding fees. Such measures seek a better economic recovery for the sector and to make the Brazilian market more competitive.

The Securities and Exchange Commission of Brazil (CVM), through Resolution n. 2/2020, revoked 186 norms considered obsolete or without effect, seeking to comply with Decree 10.139/2019.

Resolution n. 3/2020 of the Securities and Exchange Commission of Brazil (CVM) updated rules related to Brazilian Depositary Receipts (BDRs), expanding the possibilities for trading and issuing. It seeks to respond to the increasing demand of portfolio diversification in face of lower interest rates.

The National Petroleum Agency (ANP) resumed the public consultation and public hearing on the revision proposal of Ordinance n. 251/2000, which regulates non-discriminatory access to waterway terminals, existing or to be built, for the movement of oil, its derivatives and biofuels by interested third parties. This revision aims at updating the regulation with legal innovations on the operation of ports and port facilities.

The National Petroleum Agency (ANP) resumed the public consultation and public hearing on the revision proposal of Ordinance n. 251/2000, which regulates non-discriminatory access to waterway terminals, existing or to be built, for the movement of oil, its derivatives and biofuels by interested third parties. This revision aims at updating the regulation with legal innovations on the operation of ports and port facilities.

Decree n. 10.457/2020 regulated tax incentives provided by Law n. 9440/1997 for the period of 2021-2025. The incentives relate to regional development and are applied to selected investment projects from the automotive sector.