Brazil’s evolving regulatory framework took center stage at Regulation Week in Washington, D.C., where experts, regulators, and academics from Brazil and abroad discussed the future of finance, sustainability, and digital assets.

Held on October 23 under the theme “The Future of Finance: Development and Perspectives,” the event explored how Brazil’s financial regulation is adapting to a rapidly changing environment marked by technological innovation and global integration.

Anbima (Brazilian Financial and Capital Markets Association) participated as part of its Anbima in Action initiative, which outlines the Association’s main priorities for this and next year and reinforces its commitment to international representation.

Lucas Pinatti, Anbima’s self-regulation coordinator, joined a panel on the outlook for financial regulation in Brazil alongside Bruno Constantino Santos (XP Inc.), Filipe Areno (Skadden), Cauê Rezende Myanaki (Pinheiro Neto Advogados), Lior Pinsky (Cescon, Barrieu, Flesch & Barreto Advogados), and Christopher Carrigan (George Washington Center for Regulatory Studies).

The discussion addressed the growth of Brazil’s financial industry in recent years and the modernization of fund and public offering rules under CVM Resolutions 175 and 160, respectively. Speakers also examined other recent regulatory innovations designed to facilitate access to funding through the capital markets, including the FÁCIL regime.

Panelists emphasized the importance of self-regulation and collaboration with supervisory authorities to ensure investor protection, regulatory modernization, and continued market development.

“Regulation and self-regulation together form an institutional governance framework that is essential for ensuring investor protection,” said Pinatti. “Only by guaranteeing consistent protection for investors can we preserve confidence in our industry and sustain its growth, which benefits the country’s entire economy.”

Anbima in Action

Anbima in Action brings together the Association’s main initiatives for this and next year. This strategic plan was developed through broad consultation with members, new market participants, regulators, and Anbima leadership. It is structured around three core pillars: representation, data intelligence, and cost reduction for compliance.

Beyond these pillars, the 2025–2026 agenda also covers ongoing strategic themes for both the market and the Association’s future — including sustainability, international investment, digital finance, artificial intelligence, and education.