Relevant Facts - September 2016 Send to a friend

The next meetings of Association of Capital Market Investors, for members only:

Technical Commission – October 19th, at Amec’s headquarters, in São Paulo, with remote access.
oreigners Commission – October 25th, via conference call.
Executive Board – September 29th, at Amec’s headquarters, in São Paulo.

Confirmations of attendance must be submitted to

Click here to access the Association’s annual calendar of meetings.

    CVM’S Chairman honors anniversary of Amec    

The chairman of the Brazilian Securities and Exchange Commission – CVM – Leonardo Pereira, confirmed his participation on the event for the celebration of 10 years of the Association of Capital Market Investors. The 2016 Amec Investor Forum will be held on October 27th, at Villa Bisutti, Unidade Cardoso de Melo – Vila Olímpia São Paulo – SP. At this date the association will also present two important news: The Amec Stewardship Code and its new identity.

The complete agenda of the event and its enrollment form can be accessed on the hot site of the 2016 Amec Investor Forum:

    Read more    
    Amec supports the capital market in letters to the Minister of Finance    

The Association of Capital Market Investors – Amec – addressed two letters to the Minister of Finance, Henrique Meirelles, about situations that might inhibit the growth of the Brazilian capital market. The first letter contains the investors' concerns with the idea that only technical capability is enough to become a member of the board of the Brazilian Securities and Exchange Commission – CVM. The second discusses the new interpretation of the Federal Revenue Service, which considers tender offers as transactions not conducted in the stock exchange.

    Read more    
    In a letter, Amec warns about loopholes in Tender Offer rules    

The Association wrote a document that highlights the creativity to break the rule to delist from the Novo Mercado, through corporate restructuring. For example, there is an ongoing operation in which two companies emerge: one listed on the Novo Mercado, which retains a small portion of the original operation, and a new one, based abroad and outside Novo Mercado, which concentrates the majority of the assets, income and value.

    Read more    
    Amec defends integrity of the law in a letter to CVM    

In the letter, the Association of Capital Market Investors - Amec - mentioned the recent decision of the board of the Brazilian Securities Commission - CVM that, by majority and contrary to the reiterated position of the Superintendence of Company Relations, decided for the non-applicability of the preemptive right provided by Article 253 in any private sale of BR Distribuidora’s shares.

    Read more    
    Interim President of Costa Rica opens the OECD governance event    

The Costa Rican government has shown its support for the process of improving corporate governance practices with the presence of the interim President of the country, Ana Helena Chacón, at the opening of the OECD Roundtable, held in San José on September 8th and 9th. The event was also attended by the Minister for the Presidency, Sergio Alfaro. Costa Rica recently began the process of joining the OECD, which implies including the adoption of the Principles of Corporate Governance of the G20 / OECD.

    Read more    
    CVM’s Decision is highlighted in the OECD report    

The judgment of the Administrative Sanctioning Process CVM RJ 03/2003, which occurred in May 2015, was highlighted in the Task Force on Corporate Governance of Economic Groups which met in San José, Costa Rica, on September 7th.

    Read more    
    New activist investor transforms German company    

The German manufacturer of generic drugs, Stada, was rejected by investors. This happened due to its low profitability and an opaque accounting. Moreover, there was an overcompensation of the directors and a board without diversity of identity. However, a major change occurred on the shareholders’ meeting of August 26, when shareholders voted for the dismissal of the company's chairman, Martin Abend and pledged to increase Stada’s revenue.

    S&P Global – Market Intelligence    

Organized by APIMEC and BM&FBOVESPA
Date: September 29th
Hour: 8:30 am to 1:30 pm
Venue: Hotel Unique – Av. Brigadeiro Luis Antonio, 4700 – São Paulo - SP
Fees: free of charge

Click here for further information

    3ª Conferência Internacional LATAM ESG – Integrando os fatores ESG em uma Economia em Transformação    

Organized by APIMEC and PRI
Date: October 5th
Hour: 9:30 am to 5:45 pm
Venue: BM&FBOVESPA, Rua XV de Novembro, 275 – 1o. andar, Centro, São Paulo, SP
Fees: free of charge

Click here for further information

    17º Congresso IBGC Governança Corporativa (“IBGC 17th Congress on Corporate Governance”)    

Organized by IBGC (Brazilian Institute of Corporate Governance)
Date: October 17th and 18th
Hour: to be confirmed
Venue: Golden Hall | WTC São Paulo - Avenida das Nações Unidas, 12.551, Brooklin - São Paulo/SP
By September 30th
R$ 3,487.00 - IBGC’s members
R$ 4,635.00 - IBGC’s non members

Amec’s members are entitled to a 10% discount upon the price for IBGC’s non members

Click here for further information

    XIII Seminário Internacional CPC – Normas Contábeis Internacionais (XIII CPC International Seminar – International Accounting Standards)    

Organized by CPC – The Committee of Accounting Pronouncements
Date: October 24th, 2016
Venue: AMCHAM Business Center São Paulo (Rua da Paz, 1431 - Chácara Santo Antônio - São Paulo – São Paulo)


By 09/30/2016

By 10/24/2016
Students and Teachers/Professors R$ 456.00 R$ 480.00
Members of the entities associated to CPC and Sponsors’ Collaborators R$ 684.00 R$ 720.00
Sponsors’ members R$ 912.00 R$ 960.00
Others R$ 1,482.00 R$ 1,560.00

Information: Gabriela Claudiano - (55 11) 3628-8882 -

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