Publications
The legal precautions that companies should take to comply with employee isolation measures during the covid-19 pandemic.
Both the Brazilian Corporations Law and CVM Instruction 481 allow publicly-held companies to implement means in order to hold their ordinary shareholders’ meetings remotely. What challenges such change represent for companies?
Joint Normative Instruction (IN) No. 2/20, published on January 29 by the Ministry of the Environment (MMA), the Brazilian Institute of Environment and Natural Resources (Ibama), and the Chico Mendes Institute for Biodiversity Conservation (ICMBio), brought in new regulations on the federal administrative procedure for investigating administrative environmental violations. The standard seeks to consolidate administrative procedures at Ibama and ICMBio, repealing prior instruments.
Federal Decree No. 10,240/20, published in February, implements the reverse logistics system for electronic products and their components for domestic use. The regulation was expected, since important players in the marketing cycle of these products, especially the retail sector, had not adhered to the industry agreement on the subject signed on October 31, 2019. At the time, various sectors assumed obligations before the public authorities to implement appropriate reverse logistics of waste arising from the market of electrical and electronic products and their components, on a voluntary basis, due to the contractual nature of the agreement.
Individuals and legal entities resident, domiciled or with headquarters in Brazil, as provided for in tax law, must report to the Central Bank of Brazil the assets and amounts held by them outside the country.
As of the 16th day, employees will be considered to be on sick leave covered by the INSS.
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