How important is Compliance in the capital market
Translated from the original.
The practice of compliance in the Brazilian capital market is essential to ensure the integrity and transparency of financial operations.
Regulated by the Securities and Exchange Commission (CVM), the sector requires companies to adopt rigorous compliance practices to prevent fraud and corruption. Effective programs include clear policies, continuous training, rigorous monitoring, and periodic audits.
The Anti-Corruption Law (Law No. 12,846/2013) highlights the need for an ethical culture in organizations, holding companies accountable for acts of corruption. We call this requirement a culture of probity.
The Public Prosecution Service also plays a crucial role in overseeing and bringing legal actions against unlawful practices. Today, the MPF and the CVM are partners, having signed in 2023 an agreement to punish manipulation in the capital markets.
The digitalization of financial services and the constant evolution of regulations pose additional challenges, requiring continuous adaptation and innovation, adapting the action of regulators to the extreme speed with which new technologies are emerging.
Strengthening compliance practices is fundamental to investor confidence and the stability of the capital market in Brazil, promoting a safer and more transparent financial environment for all participants. For more information, visit the CVM and B3 websites.