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The position of die Brazilian regulator with respect to CERs is that such instruments are deemed to be assets whose sale can occur for investment purposes or to meet emission-reduction goals. [...] CERs currently are not subject to the requirements of Law No. 6.385, of December 7, 1976, as amended b...

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Bibliographic Details
Published in:The International lawyer 2010-03, Vol.44 (1), p.273-281
Main Authors: Stuber, Walter, Stuber, Adriana Maria Gödel, Jonak, Jacek, Brodrick, Francisca, Posch, Lennaert, Landkroon, Maarten, Liebi, Martin, Silber, Gary P.
Format: Article
Language:English
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Summary:The position of die Brazilian regulator with respect to CERs is that such instruments are deemed to be assets whose sale can occur for investment purposes or to meet emission-reduction goals. [...] CERs currently are not subject to the requirements of Law No. 6.385, of December 7, 1976, as amended by Law No. 10.303, of October 31, 2001 (the Brazilian Securities Law, or BSL),2 which governs the Brazilian securities market.
ISSN:0020-7810
2169-6578