CVM published Circular Letter CVM/SRE 1/2025, clarifying the impacts of the expanded agreement with ANBIMA on registration requests for public offerings under the automatic procedure. From now on:
- It is now possible to carry out offerings of FIDC and FIC-FIDC quotas aimed at the general public (retail) under the automatic procedure, provided that ANBIMA conducts the prior review and issues an opinion with no objections.
- New forms containing the acronym "AR" (self-regulator) have been released, specific to these offerings.
- FIC-FIDC offerings will continue to use the requests already provided for FIDC.
- For FIAGRO, there will be "AR" forms that will also allow an opinion with no objections and the use of the automatic procedure.
Our Capital Markets team is ready to assist issuers and structurers in taking advantage of this development and accelerating their fundraising timelines. Contact us!




