Post by xyz3400 on Feb 20, 2024 3:33:08 GMT -6
The Securities and Exchange Commission (CVM) presented three drafts of new normative instructions on regulated securities markets to a public hearing this Friday (27/12). zhudifeng CVM seeks to create new rules for regulated markets zhudifeng The main objective of the three drafts is to give new regulatory treatment to certain aspects considered by the CVM as essential to ensure the proper functioning of the market in a scenario where more than one trading environment coexists in Brazil. Draft A intends to replace CVM Instruction 461, introducing new provisions in the regulation on the functioning of regulated securities markets and on the constitution, organization and functioning of organized market management entities.
Draft B provides for the constitution, organization and operation of the unified self-regulation of organized markets and financial market infrastructures operating in the securities market. These are the entities that process and settle transactions, register and centrally deposit securities.The difference that exists between the single-person limited company and the individual limited liability company (EIRELI) is that for the Honduras Mobile Number List latter, art. 980–A, of the Civil Code, requires a duly paid-in minimum capital of 100 times the minimum wage in force in the country and its holder can only participate in a single company of this type. With the decisions of the STJ, these came in the same sense as the spirit of the Judicial Recovery Law, preservation of the company, maintenance of jobs, collection of taxes and most importantly, the sovereignty of the Assembly of creditors in approving the judicial recovery plans presented and taken the vote.
And further: that the intervention of the Judiciary is limited to verifying the occurrence of any illegality in the deliberative act. In the Special Appeal, registered under 1.634.844- SP, reported by minister Ricardo Villas Bôas Cueva, it was decided that it is possible to create subclasses of creditors within the same class in the judicial recovery plan, as there is no express prohibition in the governing law, as long as a justified objective criterion is established in the judicial recovery plan. In other words, it is possible to grant the privilege to creditors who continue to supply goods to the company under recovery, known as essential suppliers. Based on this decision, the creditor who continues to provide the service, the sale of raw materials to the company under recovery, may have privileges against the creditor who “abandons” the company in its recovery project.
Draft B provides for the constitution, organization and operation of the unified self-regulation of organized markets and financial market infrastructures operating in the securities market. These are the entities that process and settle transactions, register and centrally deposit securities.The difference that exists between the single-person limited company and the individual limited liability company (EIRELI) is that for the Honduras Mobile Number List latter, art. 980–A, of the Civil Code, requires a duly paid-in minimum capital of 100 times the minimum wage in force in the country and its holder can only participate in a single company of this type. With the decisions of the STJ, these came in the same sense as the spirit of the Judicial Recovery Law, preservation of the company, maintenance of jobs, collection of taxes and most importantly, the sovereignty of the Assembly of creditors in approving the judicial recovery plans presented and taken the vote.
And further: that the intervention of the Judiciary is limited to verifying the occurrence of any illegality in the deliberative act. In the Special Appeal, registered under 1.634.844- SP, reported by minister Ricardo Villas Bôas Cueva, it was decided that it is possible to create subclasses of creditors within the same class in the judicial recovery plan, as there is no express prohibition in the governing law, as long as a justified objective criterion is established in the judicial recovery plan. In other words, it is possible to grant the privilege to creditors who continue to supply goods to the company under recovery, known as essential suppliers. Based on this decision, the creditor who continues to provide the service, the sale of raw materials to the company under recovery, may have privileges against the creditor who “abandons” the company in its recovery project.