Financial Market: Main news from March 16th to 20th
1. ABBC and Febraban advance cooperation with Coaf to modernize anti-money laundering efforts
On Thursday (19), ABBC (Brazilian Association of Banks) and Febraban (Brazilian Federation of Banks) entered into a cooperation agreement with Coaf (Council for Financial Activities Control) to support the technological modernization of mechanisms for the prevention and combat of money laundering, terrorist financing, and the proliferation of weapons of mass destruction. The initiative provides for technical support from the financial sector entities, information sharing, and institutional cooperation, as well as the development of a joint agenda focused on technological advancements and on initiatives to be further detailed in a specific work plan. Overall, the measure strengthens cooperation between the financial sector and public authorities and signals a reinforcement of Brazil’s financial intelligence framework.
ABBC and Febraban sign agreement with Coaf to modernize the fight against money laundering.
2. Europol warns that cybercriminals are already using AI agents and says the financial system is still unprepared to deal with these threats
On Thursday (19), during the Febraban SEC congress, Álvaro Azofra Martínez, Head of Expertise at Europol’s European Cybercrime Centre (EC3), stated that cybercriminals have been using artificial intelligence agents to enhance fraud schemes, including by sending millions of personalized emails and even making automated phone calls. According to him, the advancement of these technologies, combined with the cross-border operations of phishing providers and the use of VPNs, has made it more difficult to trace attacks and identify those responsible, who are often located in other countries. Martínez also noted that social engineering remains one of the main fraud vectors and that many criminal groups rely on virtual assets for money laundering, which further complicates the tracing of financial flows. In this context, he called for greater international cooperation and intelligence sharing to address increasingly sophisticated criminal structures.
Cybercriminals are already using AI agents and the financial system is not prepared, says Europol
3. Bank resolution bill advances in the Chamber of Deputies, but impasse over the use of public funds leads to postponement of the vote
Throughout the week, discussions progressed in the Chamber of Deputies regarding the complementary bill (PLP No. 281/2019), which aims to reform the bank resolution framework in Brazil. The proposal seeks to modify the framework applicable to financial institutions in distress through the implementation of two special regimes: “stabilization” and “compulsory liquidation.” Despite initial expectations that the bill would be voted on this week, the text faced deadlocks, particularly regarding provisions authorizing federal loans to support institutions in situations of systemic risk. Following disagreements, in the absence of consensus on points considered central by the rapporteur, the vote was postponed, with no new date set.
The Chamber of Deputies plans to vote on the bank resolution bill this week
Disagreements within the government are stalling the bank resolution plan
4. CVM signs agreements with B3 and BEE4 to operationalize the FACIL Regime, which has already debuted with its first registered offering
On Tuesday (17), the CVM announced the execution of technical cooperation agreements with B3 and BEE4 to enable the operationalization of the FÁCIL Regime, established by CVM Resolution No. 232 and in force since March 16, 2026. The regime was created to facilitate the access of smaller companies to the capital markets, with simplified rules regarding registration, public offerings, and disclosure obligations. The agreements set out duties and procedures for the entities’ role in the listing, offering, and supervision of these companies, as well as provisions for information sharing, results monitoring, and joint inspections, when necessary. The agreements have a term of five years and may be extended.
CVM signs technical cooperation agreements with B3 and BEE4 aligned with the EASY Regime
BEE4 registers its first offering under the Fácil regime with debt issuance by Mais Mu
5. CVM launches survey on the Public Offerings Term Sheet as part of its 2026 Regulatory Agenda
On Tuesday (17), the CVM’s technical staff launched a survey to gather investors’ perceptions of the Public Offerings Term Sheet, a document introduced by CVM Resolution No. 160 to simplify the communication of the key aspects of public offerings of securities. The initiative seeks to collect input for a Regulatory Impact Assessment (RIA) study aimed at assessing the effectiveness of the changes introduced by CVM Resolutions Nos. 160 and 161. The questionnaire will remain available until April 7, and responses will be anonymous and used exclusively for the purposes of the study conducted by the authority.
CVM's technical area launches research on Public Offering Fact Sheets
