Instruction 480 was issued by the Securities and Exchange Commission (CVM), aiming to raise the bar of transparency in public companies by setting new disclosure requirements. Securities issuers are obliged to provide information on an annual basis that ranges from board practices to risk management policy, and the main risk factors that impact the organization.
Industry sectors covered by the instrument
Organizations covered by the instrument
Public sector and state-owned organizations - securities issuers
Type of instrument
Mandatory or voluntary
The geographical scope