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In 2018, the Brazilian Data protection law (Lei Geral de Proteção de Dados - LGPD) passed by the legislature and, in August 2018, the former Brazilian President – Michel Temer – assented to this law.
SUSEP regulation 553/2017
On 23 April 2017, SUSEP, the Brazilian insurance authority, issued its suspension of Regulation 541/2016--its most recent regulations on D&O insurance.
Towards the end of 2016, news broke of a Brazilian Federal Police investigation designated Operation Greenfield, a major fraud investigation that the Brazilian press has labelled the “new Lava Jato”.