The Securities and Exchange Commission (CVM) edited this Monday (7) a resolution that exempts the non-resident investor in the country – natural person, not companies – from the need to obtain a specific registration in the autarchy to invest in the financial and capital markets of Brazil.
CVM Resolution 64 provides that investor data will only be reported in an electronic system of the CVM or by an organized market management entity.
The objective is to enable investors to obtain an operational code and CPF in order to enable them to invest in the Brazilian market.
“Facilitating access for non-resident investors is a measure that contributes to the development of the Brazilian market”, said the president of the CVM, Marcelo Barbosa.
According to the autarchy, the non-resident investor continues to be identified as such, despite the changes, without affecting the statistics on the participation of foreigners in the Brazilian market.
The Superintendent of Institutional Investor Relations at the CVM, Daniel Maeda, explained that the measure does not prevent the monitoring of the operations of these investors in the Brazilian market.
“The investor’s representative, the intermediary of its operations in Brazil and the administrator of the organized market will hold a set of information that will allow the regulator to act if necessary”, he added.
The movement coincides with the increase, at the beginning of this year, of foreign investments – individuals and companies – in the Brazilian stock exchange.
The net inflow of capital was R$ 32.49 billion in January, well above the figure for January last year, of R$ 23.556 billion.
Source: CNN Brasil
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