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13. Regulation: Brazil

Regulation in Brazil: when a deal needs competition clearance from CADE, what the data protection law demands of companies here and abroad, how strict corporate liability for corruption and money laundering duties work, and how environmental licensing runs under the 2025 general law, each tied to the official text. Investors also active in Argentina can compare its regimes through The Argentine Thread guide.

Investor view. Brazil's merger thresholds, rule based fines and a new licensing law with fixed review deadlines make compliance a cost that can be planned, and companies that build strong integrity programs earn lower risk and faster approvals in Latin America's largest market.

Business regulation in Brazil: competition, data protection, anti corruption, AML and environmental rulesDeals in which one group has R$750,000,000 and another R$75,000,000 of Brazilian revenue must be cleared by CADE before closing, and the data protection law (LGPD) reaches any company handling data of