Rule detail : 238790

BRZ CVM Investor Access Registry

Published on: Jan 2, 2025

BRZ CVM has published Resolution 225 to implement the Investor Access Registry.
As an alternative to comply with the content in Resolution 50 (Art. 1, I, of Annex B).
Highlights
Rule established, on an experimental basis, the Access Registry for new investors.
Set conditions to facilitate the registration of individuals, Brazilian and residents.
Change began with Strategic Project, within CVM's Strategic Management Committee.
Improve the regulatory approach and operational dynamics re registration procedures.
The Access Registry can be applied to individuals with assets of up to R$30,000.
Investor will be exempt from filling out suitability registry, must fit conservative profile.
Intermediaries must register with the entity administering the organized market.
Must prove adequate systems to conduct identification and qualification of investors.
The CVM must evaluate the experimental regime within 5 years after enactment.
Effectiveness
Resolution 225 shall come into force on Mar. 3, 2025.

Regulators

BRZ CVM

Entity Types

B/D; Exch; IA; Inv Co

Reference

OG, 12/30/2024; PR, Res 225, 12/27/2024

Functions

Compliance; Financial; Registration/Licensing; Trading

Countries

Brazil