General law of the Regulatory Agencies
Regulation in Brazil – structural changes in management, organization, decision-making and social control brought by Law 13.488 of June 25, 2019
Main points:
- Mandatory Regulatory Impact Analysis (RIA);
- Standards of administrative and management aspects;
- Standards of the number of directors of Regulatory Agencies;
- Standards of directors terms of office;
- Imposition of technical requirements and limits, which must be fulfilled by all those appointed to the Executive Boards of all the Agencies;Functional, decision-making and financial autonomy to Regulatory Agencies
Vetoed Dispositives
- Triple list for selection of members for Agencies;
- Mandatory annual attendance of the directors of the Regulatory Agencies to the Federal Senate for accountability;
- Prohibition of reappointment of current directors;
- Determination of 12 months of quarantine, without link with companies, to the indicated for direction of the Agencies;Exclusion of the Civil House from the Federal Planning and Budget System and from the Federal Financial Administration System.
Complement
The vetoes can be maintained or overturned by the National Congress.
About The Author
Category: BUSINESS CONTENT, Fabiola Polverini Reichert
Tags: business litigation, companies, correia dasilva advogados, csa, litigationPosted in: 18/07/2019
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