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CVM INSTRUCTION NO. 480, OF DECEMBER 7th, 2009

Brazil Expired 2009

The aim is 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.

Issuer name

Securities and Exchange Commission (CVM)

Organizations covered by the instrument

Large private and listed companies

Target organization notes

applies to all securities issuers

Industry scope

Financial Services

Industry scope notes

securities issuers

Disclosure venue

Annual report

Status

Expired

Country

Brazil

Region

South America

Date of publication

2009

Issuer type

Financial Market Regulators

Reporting requirements

Self-regulation

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

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