Finance Monthly. Inve s tmen t 63 financial and securities markets using the same fixed-income instruments (i.e., notes, certificates of deposit, bonds and debentures), derivative instruments (i.e., swaps, futures, NDF and options), securities, mutual funds, private equity and other investment funds, and other financial instruments available to Brazilian residents. To invest in the Brazilian financial and securities markets, a foreign investor must: • appoint an agent in Brazil (which must be a financial institution or an institution authorized by the BACEN); • register with the CVM; and • enter into a custody agreement with a financial institution authorised to provide custodian services, in accordance with CVM Instruction 560 of 27 March 2015, as amended. In recent years, several operational measures have been implemented to make operational foreign investment flows simpler and speedier. In this regard, almost all registration, can now be made electronically and is usually centralised in one (or more) financial institutions that provide diverse services (such as legal and tax representatives, custodians and settlement banks for FX contracts). In addition, since 2 May 2022 , non-resident individuals will no longer be required to register directly with CVM before they can buy registered securities. Instead, his or her representative merely will be required to fill in the information on CVM’s online platform or via the exchange responsible for the market where the securities are traded. For more information, contact Giovanni at giovannicataldi@hotmail.com and Andrea at asano@efcan.com.br Disclaimer The content in this article is for informational purposes only and should not be construed as financial advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by Giovanni Cataldi, Andra Sano Alencar, Finance Monthly or any third-party service provider.
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