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BRICS Legal Forum

Partners Luiz Tarcísio Teixeira Ferreira, Juliana Wernek de Camargo and Christian Fernandes Gomes da Rosa participated in the BRICS Legal Forum.

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Infrastructure

The Brazilian economy is stablished as a system based on market relationships. Regarding economic relationships, private initiative is pointed by the Brazilian’s Federal Constitution as a fundamental principle. It means that private initiative in business, in general, receives constitutional protection. The exercise of any economic activity is ensured to everyone, regardless of authorization from government,…

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Public concessions and public-private partnerships (PPPS)

In Public-Private Partnership contracts (PPP), Brazilian law sets limits for it. For instance, it’s forbidden contracts (i) under the amount of R$ 20 million (about US$ 5 milions); (ii) with duration shorter than 5 years; or (iii) for the sole purpose of labor supply, supply and installation of equipment, or public works execution. Administrative contracts…

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Compliance

Corruption is a hindrance to business all over the world. With the entry into force of anti-corruption laws, the absence of a compliance program becomes increasingly difficult and risky to do business with other countries. Adapting to the international scene, Act n. º 12,846/2013 is the Brazilian first anti-corruption law to charge companies by acts…

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Brazilian financial market regulation

Through private fundraising (popular savings) to finance its activities, the Brazilian financial market is a palatable alternative to the financing of private enterprises. It is an important financing mechanism for domestic and foreign companies and, in consequence, a driver of the national economy. The regulatory agencies that compose the Brazilian Financial Market are the National…

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