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CVM Recommendations on Corporate Governance

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Summary

This code contains recommendations by Comissão de Valores Mobiliários (CVM – the Securities and Exchange Commission of Brazil) on good corporate governance practices. The adoption of such practices usually implies higher behavior standards than those required by law, or by CVM itself. This is why non-compliance with this code is not subject to punishment by CVM. This code contains recommendations by Comissão de Valores Mobiliários (CVM – the Securities and Exchange Commission of Brazil) on good corporate governance practices. The adoption of such practices usually implies higher behavior standards than those required by law, or by CVM itself. This is why non-compliance with this code is not subject to punishment by CVM.

Thumbnail image for This code contains recommendations by Comissão de Valores Mobiliários (CVM – the Securities and Exchange Commission of Brazil) on good corporate governance practices. The adoption of such practices usually implies higher behavior standards than those required by law, or by CVM itself. This is why non-compliance with this code is not subject to punishment by CVM. This code contains recommendations by Comissão de Valores Mobiliários (CVM – the Securities and Exchange Commission of Brazil) on good corporate governance practices. The adoption of such practices usually implies higher behavior standards than those required by law, or by CVM itself. This is why non-compliance with this code is not subject to punishment by CVM.
Issuer

Brazil

Year

2002

Region

South America

Issuer (type)

Securities Commission of Brazil (CVM); Comissão de Valores Mobiliários (CVM) (Financial Regulator)

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Voluntary


Main industries targeted
  • Finance & Insurance
  • Professional, Scientific, & Technical Services
  • Information
Restrictiveness

Very High

Sustainable Development Goals (SDGs)
  • SDG 5: Gender Equality
  • SDG 16: Peace, Justice, and Strong Institutions

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