On December 7, 2020, the Brazilian Securities and Exchange Commission (CVM) launched a consultation on proposed amendments to Normative Ruling 480/2009 aimed at, inter alia, increasing transparency by improving the quality of information disclosed by publicly-held companies on ESG aspects.
On March 10, 2015, the Board of Commissioners of the Brazilian Securities and Exchange Commission ("CVM") decided that stock options granted to officers and directors should be considered part of their remuneration...