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New rules stifle the ‘legal claims’ market

As novas regras sobre FIDCs anunciadas ontem têm o potencial de acabar com a indústria de legal claims no Brasil e causaram consternação nesse mercado. “Nem dormi esta noite,” resumiu um gestor. “Já recebi sei lá mais de mil mensagens de gestores preocupados com o que vai ser,” disse outro. O Conselho Monetário Nacional decidiu […] The post Novas regras sufocam o mercado de ‘legal claims’…

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New rules stifle the ‘legal claims’ market

The Brazilian National Monetary Council (CMN) has announced new rules for FIDCs, or Fundo de Investimento em Direitos Creditórios, that are expected to severely impact the country's legal claims industry. The rules, which come into effect on October 13, prohibit FIDCs from buying rights to judicial or arbitration actions that are not "liquid, certain, and enforceable".

This means that only claims with a definitive court decision and a set value can be traded, effectively shutting down the market for claims in earlier stages. The move is aimed at preventing fraud, but industry players warn that it will increase costs and lead to significant changes in the market.

Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at braziljournal.com →

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