{"id":2021725,"date":"2023-09-04T20:14:02","date_gmt":"2023-09-05T00:14:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/brazil-congress-proposes-market-regulations-after-americanas-scandal\/"},"modified":"2023-09-04T20:16:18","modified_gmt":"2023-09-05T00:16:18","slug":"brazil-congress-proposes-market-regulations-after-americanas-scandal","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/brazil-congress-proposes-market-regulations-after-americanas-scandal\/","title":{"rendered":"Brazil Congress proposes market regulations following Americanas scandal."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbrazil-congress-proposes-market-regulations-after-americanas-scandal%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2021725&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p><strong>Lawmakers Propose Measures \u2062to Boost\u2063 Accountability in \u2062Brazilian Financial\u200d Market<\/strong><\/p>\n<blockquote>\n<p>BRASILIA (Reuters) \u2013 Federal\u2064 lawmakers in Brazil suggested several measures to boost\u2064 accountability in the\u200b financial market, a report\u2064 showed on Monday, after retailer Americanas this year\u2064 revealed a multi-billion-dollar fraud.<\/p>\n<\/blockquote>\n<p>In its final report on the Americanas inquiry, the \u2064committee of lawmakers proposed four measures for Congress to consider aimed at bolstering \u2062market regulations.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>The report comes\u200d weeks after the committee \u200dheard the testimonies of former Americanas executives and experts. The retailer filed for bankruptcy protection in January and reported accounting irregularities of more than \u2063$5 \u200dbillion. <\/p>\n<p>The committee\u2019s first\u2064 measure proposes changes to laws governing the\u2062 responsibility of \u2063company shareholders and managers. <\/p>\n<p>A \u200dsecond proposal aims to improve access by independent audit companies to \u200dthe financial information of the companies they are auditing. <\/p>\n<p>The committee also proposes that Congress reforms \u2063the law regarding the crime of \u201cpatrimonial infidelity,\u201d in which a member\u2064 of the management compromises the company\u2019s interests as\u2064 well\u2063 as \u200dthose\u200b of the company\u2019s partners or shareholders.<\/p>\n<p>The fourth and\u200d final proposed measure aims to boost protections for whistleblowers in the country and\u200c broaden the scope of whistleblowing. <\/p>\n<p>\u201c(The proposal \u200dis that the whistleblower system) covers not only crimes against the public administration, but\u2064 also crimes against the national financial system, against the capital market, or against other diffuse or collective interests,\u201d \u2063the report said.      <\/p>\n<p>In\u2062 June, Americanas \u200cChief Executive \u200cLeonardo Coelho said before lawmakers that an independent report by the company\u2019s legal advisers showed former executives, banks, \u200dand <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/brazil-congress-proposes-market-regulations-after-americanas-scandal\/\" title=\"Brazil Congress proposes market regulations following Americanas scandal.\">audit firms alleged\u200c involvement<\/a> in \u200c\u201cfraudulently altered\u201d\u200d financial statements.<\/p>\n<p>The inquiry did \u200bnot suggest indicting anyone involved in the scandal. <\/p>\n<\/p>\n<p>  (Reporting by Maria Carolina Marcello; Writing by Carolina Pulice; Editing by Brendan\u2062 O\u2019Boyle and Josie Kao)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/brazil-congress-proposes-market\/attachment\/file-photo-people-walk-in-front-of-a-lojas-americanas\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h2>This Week&#8217;s Major Headlines<\/h2>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Mark Mix\u2062 of the National Right to Work Legal Defense Foundation\u200b says \u2062his organization is fighting Big Labor\u2019s \u2064Pro Act in Congress.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>The Heritage Foundation\u2019s Brent Sadler says the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/friday-afternoon-update-soros-da-resigns-bud-light-tries-to-distance-itself-from-dylan-mulvaney-banking-worries-rise\/\" title=\"Soros' DA steps down, Bud Light disassociates from Dylan Mulvaney, banking concerns increase.\">recent drone attacks<\/a> \u200bon Russian soil may be intended to provoke a negotiated solution with Russia<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Joe Biden celebrates the US Jobs Report, hides Hunter\u2019s\u2064 job reports and \u2062delivered some nice gas prices just in time for Labor Day Weekend.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>(Reuters) -Alibaba Group Holding Ltd\u2019s cloud division is weighing raising\u2064 funds via a private round from Chinese state-owned enterprises\u200c ahead of the\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>LONDON (Reuters) \u2013 Britain set out its objectives for its global artificial intelligence (AI) safety summit\u200b on Monday, focusing on understanding the\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>BENGALURU (Reuters) \u2013 Indian fintech firm Paytm on Monday\u2062 launched a \u2018soundbox\u2019 device that lets merchants accept\u2063 both mobile \u200dand card payments\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Victoria Waldersee MUNICH (Reuters) -CATL will produce its upcoming fast-charging Shenxing battery at its \u2063plants in Germany and\u2062 Hungary alongside China,\u2026 <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Brazilian lawmakers have proposed four measures to enhance financial market accountability following a multi-billion-dollar fraud by Americanas. The committee&#8217;s final report on the Americanas inquiry suggests these measures to strengthen market regulations, urging Congress to consider them.<\/p>\n","protected":false},"author":66,"featured_media":2021726,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-2021725","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2021725","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2021725"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2021725\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2021726"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2021725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2021725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2021725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}