BRAZIL Law and Practice Contributed by: Caio Ferreira Silva, Thiago Braga Junqueira, Vinícius Pimenta Seixas and Rodrigo Vieira, Pinheiro Neto Advogados
• simplifying the information disclosed to inves- tors; • aligning with international standards; and • reducing the compliance costs for market agents. In addition, there have been discussions in Con- gress and new laws aimed at aligning the legal framework applicable to security interests in Brazil with UNCITRAL’s standards. ESG Principles A remarkable trend in Brazil relates to abiding by ESG principles in financing and business activi- ties. One key sector with great potential in this regard in Brazil is clean energy, boosted by the recently enacted law governing distributed pow- er generation and the availability of financing for solar panels and other renewable sources. There has been growing market appetite for transac- tions promoting environmental, social and/or governance improvements. Robust Debt Market and Potential New Transactions The Brazilian debt market has been experiencing significant growth in the past years. This trend is anticipated to persist, offering alternative financ- ing avenues for new acquisitions.
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