Reference

How Brazilian market disclosure works

Short explainers in English on the mechanics an investor outside Brazil runs into: what a material fact is, how filings reach the public, and how the exchange classifies the companies filing them. Each one carries measurements from our own daily archive.

• What is a “fato relevante”?A fato relevante is the material-fact disclosure a Brazilian listed company must publish when something could change an investor’s decision. What it is, how it differs from a comunicado ao mercado, and how often it actually happens.
• How CVM filings workHow a Brazilian listed company files with the CVM, which categories exist, when filings actually arrive during the day, and what it takes to track them from outside Brazil.
• B3 sector classification, explainedHow B3 groups Brazilian listed companies into economic sectors, how many companies sit in each, and why sector alone is not enough to follow a theme such as agribusiness or M&A.

The month at the CVM, in numbers → · CVM filings by company →