BRZ BSM Self-Regulation Market Supervision

Published on: Jul 4, 2025

On Jul. 1, BRZ BSM released BSM self-regulation market supervision.

  • BRZ BSM issued Resolution 01/2025 to provide for financial, administrative aspects of Loss Compensation Mechanism (MRP) maintained by BVMF, administered by BRZ BSM.
  • Highlights
  • MRP's assets will be disclosed annually within 3 months after the end of the fiscal year.
  • Regardless of MRP equity value, MRP Participants must pay a monthly contribution to the MRP in the 24 months following their qualification with BVMF, per BVMF, BRZ BSM.
  • MRP will have a Minimum Equity Limit and a Maximum Equity Reference Limit defined.
  • Effectiveness
  • MRP self-regulation market supervision comes into force on Aug. 1, 2025.
Regulators
BRZ BSM
Entity Types
B/D; Corp; Exch
Reference
Res 01/2025, 7/1/2025
Functions
Compliance; Trade Reporting; Trading
Countries
Brazil
Category
State
N/A
Products
Corporate; Derivatives; Equity; Fixed Income; Issuance/IPO; Securities
Rule Type
Final
Regions
Am
Rule Date
Jul 1, 2025
Effective Date
Aug 1, 2025
Rule ID
261035
Linked to
N/A
Reg. Last Update
Jul 1, 2025
Report Section
International