XP's IPO last week on Nasdaq, with a jump up more than 20% on its U.S. market debut (December 11), is the symbol of the arrival of a new era in the domestic financial market. This was a clear message to the country's traditional financial institutions that innovation is a...
PUBLICATIONS
Another year has come to an end... In 2019, the desire for a tax reform gained strength with the approval of the new pension system, focused on an administrative reform of the Union. By 2020, this desire is expected to be realized to boost the country's economy. Long before I...
In the past weeks, a real estate investment fund, owner of one building in Sao Paulo, has come under the spotlight. The uproar was due to the well-known enemy of investors: the conflict of interest. It all began with an unsolicited offer from another real estate investment fund to acquire...
The rental of spaces for events, such as weddings, has become an important revenue for many hotel chains in Brazil and abroad. The famous “destination weddings” are trendy. In Brazil, these celebrations are not only to the couple and their guests. Hotel’s owners have obtained favourable outcomes in courts regarding...
Twelve years have passed since its extinction. Governments come and go and the CPMF (English acronym that means Temporary Contribution on Financial Transactions) is still desired and rejected with the same strength. But why is a tax that is so easily implemented and has a low tax rate (it was...
The increasing CRI market The Real Estate Receivables Certificate (CRI, in the Portuguese acronym) market has shown a strong growth in recent years. The volume of CRIs traded at B3 between January and September this year is 60% higher than the volume traded in the same period of 2018, according...