CVM has published Circular Letter CVM/SRE 1/2025, clarifying the impact of the expanded agreement with ANBIMA on registration requests for public offerings under the automatic procedure. Going forward:
• Offerings of FIDC and FIC-FIDC quotas aimed at the general public (retail) may now be carried out under the automatic procedure, provided that ANBIMA conducts a prior review and issues an opinion with no objections.
• New forms bearing the acronym "AR" (self-regulator), specific to these offerings, have been released.
• 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 prepared to assist issuers and structurers in taking advantage of this development and accelerating their fundraising timelines. Contact us!
