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Luis Ambrosio

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Luís Alberto Laboissière Ambrósio has more than 25 years of experience in financial law. He joined the Firm in 2015. He is a partner of the Corporate and Finance practice group. His work and expertise are focused on debt, both local and international. He has a wide breadth of experience in bank financing operations, capital market, project finance and debt restructuring, having participated in high profile cases. He was the main legal advisor of Bank of America, the largest financial creditor in the Parmalat's judicial recovery, which established several legal precedents, as well as for the International Finance Corporation - IFC, in respect of the first offer of debt securities in the Brazilian capital market by a multilateral organization. Luis Ambrósio frequently represents financial institutions and corporate clients in highly complex financial transactions. Trench Rossi Watanabe and Baker McKenzie have executed a strategic cooperation agreement for consulting on foreign law.
In Corporate Compliance

Brazil: Deadline to register financial-economic information with the Central Bank of Brazil

by , and 1 Min Read

This a reminder that the end of December is the legal term for companies that receive foreign investment to comply with the Declaration of Economic and Financial Information by submitting their financial data, related to the base date of 30 September 2022, in the Central Bank’s system, as per Resolution No. 3,844, of 23 March 2010, of the Brazilian National Monetary Council and Circular No. 3,814, of 7 December 2016, of the Central Bank.

In AML & Financial Services Regulatory

Brazil: Federal Senate approves the final text of the Legal Framework for Cryptoassets

by , and 4 Mins Read

On 29 November 2022, the Plenary of the Federal Senate approved the final text of Bill of Law No. 4,401/2021 in which the Deputy Expedito Netto is the rapporteur. Currently, PL No. 4.401/2021 is in the final processing stage, which consists of the Brazilian president’s sanction. In summary, PL No. 4,401/2021 aims to regulate service providers of the “virtual assets” market (which includes the denominated “cryptoassets”), as well as adapt the wording of the Brazilian Penal Code, the Brazilian Law on Crimes against the National Financial System and the Brazilian Law on Crimes of Money Laundering or Concealment of Assets, Rights and Values.

In AML & Financial Services Regulatory

International: Bite-size Briefings – Cryptoasset regulation – Update May 2022

by , , , , , , , , , , , , , and 2 Mins Read

This edition of Bite-size Briefings explores the regulation of crypto (or digital) assets across a number of jurisdictions: Australia, Brazil, Hong Kong SAR, Singapore, the UK and the US.

In AML/Money Laundering

Brazil: Deadline to register financial-economic information with Central Bank of Brazil

by , and 1 Min Read

This is a reminder that 30 September 2021 is the legal deadline for companies that receive foreign investment and that have assets or equity exceeding BRL 250 million to comply with the Declaration of Economic and Financial Information by submitting their financial data related to the base-date of 30 June 2021 in the Central Bank’s System, as per Resolution No. 3,844 of 23 March 2010 of the Brazilian National Monetary Council and Circular No. 3,814 of 7 December 2016 of the Central Bank.