Quarterly Report of Brazilian Capital Abroad 2024 – Deadline expires on December 5th

The deadline for filing the next quarterly report of Brazilian Capital Abroad report (“CBE“) expires on December 5th, 2024.

As stated by Resolution 279/2022 of the Brazilian Central Bank (“BCB“), the quarterly CBE report is mandatory for individuals and legal entities resident or headquartered in Brazil that, on September 30th, 2024, owned assets abroad (such as stocks, bonds and securities, deposits, real estate, among others) in an amount equal to or greater than US$100,000,000.00 (one hundred million dollars) or its equivalent in another currency.

Those whose assets abroaddo not reach the amount of US$100,000,000.00 on September 30th, 2024 are not required to file this report.

We emphasize that failure to present the CBE report, as well as its delivery after the deadline or with misinformation, may result in fines imposed by BCB, which may reach up to BRL250,000.00 and can also be raised in 50% in some cases.

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