Field notes on Brazilian financial data.
Practical perspectives on credit, receivables, due diligence, and getting verified, source-traced figures out of Brazil's documents.
When the Index Redraws Its Perimeter: What BDR Eligibility in the Ibovespa Actually Changes
B3 opens the Ibovespa to BDRs of Brazilian companies. The liquidity screen is unchanged — what changed is which instruments get to take it.
Read →When the Liquidity Is Manufactured: Reading CVM's R$201 Million Fund Ruling as a Diligence Problem
CVM fined seven individuals and nine companies R$201 million over a real-estate fund. The mechanism — assets contributed above value, turnover between related parties — leaves a checkable trail.
Read →When the Bylaws Are the Liability: Reading Brazil's Oncoclínicas OPA Ruling as a Credit Analyst
CVM ruled that Oncoclínicas must honour the tender-offer clause in its own bylaws. Why constituent documents belong in credit due diligence.
Read →CVM’s ‘Comply or Explain’ Shift on IFRS S1/S2: What Brazilian Analysts Need to Track
CVM Resolution 244 replaces mandatory IFRS S1/S2 disclosure with a comply-or-explain model. How institutional investors, credit analysts, and CFOs should navigate the new flexibility.
Read →NTN-B Real Yields at 8%+: What the Treasury’s Shift to LFT Tells Institutional Investors
Brazilian NTN-B real yields remain above 8% despite recent pullback. The Treasury’s pivot to LFT issuance signals structural demand weakness. Implications for credit analysis and inflation hedging.
Read →From scattered documents to verified data: how AI changes Brazilian financial analysis
Brazil's opportunity is real, but the figures you need are buried in documents — local, fragmented, and slow to extract. How an AI-native workflow turns those documents into verified, source-traced data, without taking the decision out of human hands.
Read →Due diligence on a Brazilian receivables portfolio: a 7-point checklist
A field checklist for screening a receivables (recebíveis) portfolio — from originator quality to data reconciliation — and how an AI-native workflow shortens each step.
Read →What is a FIDC? A practical primer for credit investors
FIDCs are one of the most common ways to take credit exposure in Brazil — and one of the easiest to misread. A plain-language look at the structure, the risks, and where diligence really matters.
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