BRZ Anbima Registration Fee Changes
On Aug. 27, BRZ Anbima issued podcast on registration fee change.
- BRZ Anbima informed on change to way it'll charge financial funds for registration fee.
- New form of charging for the registration of products commences on Oct. 1, 2024.
- The same effective date of the fund class and subclass structure per Resolution 175.
- Highlights
- Class, subclass fund structures in Resolution 175, #214993, must adopt changes.
- Current fixed Anbima registration fee for each financial investment fund is R$1,271.
- New approved registration charge for each class is R$1,271; R$127.10 each subclass.
- Equivalent to 10% of the class value; required only from the 2nd registered subclass.
- Podcast
- Vai Fundo podcast addressed the adoption of Resolution 175 by the fund industry.
- Featured Marco Godoy, UBS Wealth Management, and Pedro Rudge, Leblon Equities.
- By May, 3,330 funds had adapted to new regulation and another 2,865 were created.
- About 20% of industry participants have adapted to the new regulatory framework.
- Effectiveness
- BRZ Anbima's new fee process becomes effective on Oct. 1, 2024.
| Regulators |
BRZ Anbima
|
| Entity Types |
B/D; Corp; Exch; IA; Inv Co |
| Reference |
PR, 8/27/2024; |
| Functions |
Compliance; Financial; Legal; Registration/Licensing; Trading |
| Countries |
Brazil |
| Category |
|
| State |
|
| Products |
Clearing; Derivatives; Fixed Income; Fund Mgt; Securities |
| Regions |
Am |
| Rule Type |
Final |
| Rule Date |
8/27/2024 |
| Effective Date |
10/1/2024 |
| Rule Id |
224194 |
| Linked to |
N/A
|
| Reg. Last Update |
8/27/2024 |
| Report Section |
International |
Last substantive update on 08/31/2024
