{"id":10555,"date":"2026-10-16T19:22:11","date_gmt":"2026-10-16T19:22:11","guid":{"rendered":"https:\/\/moreiramenezes.com.br\/?p=10555"},"modified":"2026-10-16T19:22:34","modified_gmt":"2026-10-16T19:22:34","slug":"newsletter-n145","status":"publish","type":"post","link":"https:\/\/moreiramenezes.com.br\/en\/newsletter-n145\/","title":{"rendered":"Newsletter N\u00b0145"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"10555\" class=\"elementor elementor-10555\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-349475bc elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"349475bc\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div 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data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7c27728a elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"7c27728a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Newsletter n\u00ba 145 | Outubro 2026<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3787e589 elementor-align-right elementor-mobile-align-left elementor-widget__width-initial elementor-widget elementor-widget-button\" data-id=\"3787e589\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div 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46.8-16.5 68.4-20.1 18.9 10.2 41 17 55.8 17 25.5 0 28-28.2 17.5-38.7zm-198.1 77.8c5.1-13.7 24.5-29.5 30.4-35-19 30.3-30.4 35.7-30.4 35zm81.6-190.6c7.4 0 6.7 32.1 1.8 40.8-4.4-13.9-4.3-40.8-1.8-40.8zm-24.4 136.6c9.7-16.9 18-37 24.7-54.7 8.3 15.1 18.9 27.2 30.1 35.5-20.8 4.3-38.9 13.1-54.8 19.2zm131.6-5s-5 6-37.3-7.8c35.1-2.6 40.9 5.4 37.3 7.8z\"><\/path><\/svg>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Download PDF<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a9c628b elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a9c628b\" data-element_type=\"section\" 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edi\u00e7\u00e3o:\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--expand\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__f4591e0\" aria-expanded=\"true\" aria-label=\"Open table of contents\"><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-down\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z\"><\/path><\/svg><\/div>\n\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--collapse\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__f4591e0\" aria-expanded=\"true\" aria-label=\"Close table of contents\"><svg aria-hidden=\"true\" class=\"e-font-icon-svg 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class=\"elementor-section elementor-inner-section elementor-element elementor-element-16fc3289 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"16fc3289\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-27b4df68\" data-id=\"27b4df68\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-539af4ad elementor-widget elementor-widget-spacer\" data-id=\"539af4ad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-faafb62 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"faafb62\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2e427d72 elementor-widget elementor-widget-heading\" data-id=\"2e427d72\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Nova Resolu\u00e7\u00e3o do Conselho Monet\u00e1rio Nacional restringe investimentos de FIDCs em direitos sobre a\u00e7\u00f5es judiciais ou arbitragem<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-270e6c11 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"270e6c11\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Em 24.09.2026, o Conselho Monet\u00e1rio Nacional \u2013 CMN editou a <a href=\"https:\/\/www.bcb.gov.br\/estabilidadefinanceira\/exibenormativo?tipo=resolu%C3%A7%C3%A3o%20cmn&amp;numero=5343\">Resolu\u00e7\u00e3o CMN n\u00ba 5.343<\/a> (\u201c<u>Resolu\u00e7\u00e3o<\/u>\u201d), que altera a Resolu\u00e7\u00e3o CMN n\u00ba 2.907, de 29.11.2001, para estabelecer novas regras aplic\u00e1veis aos fundos de investimento em direitos credit\u00f3rios (\u201c<u>FIDCs<\/u>\u201d) e aos fundos de investimento em cotas de FIDCs (\u201c<u>FIC-FIDCs<\/u>\u201d).<\/p><p>A Resolu\u00e7\u00e3o passa a vedar aos FIDCs e FIC-FIDCs a realiza\u00e7\u00e3o, direta ou indireta, de investimentos em direitos ou expectativas de direito decorrentes de a\u00e7\u00f5es judiciais ou procedimentos arbitrais enquanto o respectivo cr\u00e9dito n\u00e3o estiver revestido de liquidez, certeza e exigibilidade em car\u00e1ter definitivo.<\/p><p>Para fins da nova regra, os cr\u00e9ditos decorrentes de a\u00e7\u00f5es judiciais somente ser\u00e3o considerados definitivos quando, cumulativamente:<\/p><ul><li>(i) houver transitado em julgado a decis\u00e3o que reconhe\u00e7a o direito na fase de conhecimento;<br \/><br \/><\/li><li>(ii) houver transitado em julgado a decis\u00e3o proferida na fase de liquida\u00e7\u00e3o, quando necess\u00e1ria \u00e0 fixa\u00e7\u00e3o do valor devido; e<br \/><br \/><\/li><li>(iii) tiver transcorrido o prazo para impugna\u00e7\u00e3o ao cumprimento de senten\u00e7a ou para oposi\u00e7\u00e3o de embargos \u00e0 execu\u00e7\u00e3o sem sua apresenta\u00e7\u00e3o ou, caso apresentados, houver transitado em julgado a respectiva decis\u00e3o.<\/li><\/ul><p>No caso de cr\u00e9ditos decorrentes de procedimentos arbitrais, exige-se:<\/p><ul><li>(i) a prola\u00e7\u00e3o de senten\u00e7a arbitral, parcial ou final, que reconhe\u00e7a o direito e fixe o valor devido; e<br \/><br \/><\/li><li>(ii) o transcurso do prazo legal para propositura de a\u00e7\u00e3o de nulidade da senten\u00e7a arbitral sem seu ajuizamento ou, caso proposta, o tr\u00e2nsito em julgado da decis\u00e3o que a julgue improcedente ou determine sua extin\u00e7\u00e3o sem resolu\u00e7\u00e3o do m\u00e9rito.<\/li><\/ul><p>A veda\u00e7\u00e3o tamb\u00e9m alcan\u00e7a, de forma bastante ampla, a aquisi\u00e7\u00e3o de pap\u00e9is, nacionais ou internacionais, que possuam lastro, garantia, remunera\u00e7\u00e3o ou fluxo de pagamento vinculado aos referidos direitos ou expectativas de direito, como cotas de ve\u00edculos de investimentos cuja carteira contenha esses direitos ou instrumentos derivativos cujo ativo subjacente corresponda, direta ou indiretamente, a esses direitos ou expectativas de direito.<\/p><p>Para os FIDCs e FIC-FIDCs que j\u00e1 possuam em suas carteiras direitos ou expectativas de direito que passem a ser vedados pela Resolu\u00e7\u00e3o, foram estabelecidas obriga\u00e7\u00f5es espec\u00edficas relacionadas \u00e0 precifica\u00e7\u00e3o do valor dos direitos credit\u00f3rios e divulga\u00e7\u00e3o mensal de informa\u00e7\u00f5es ao mercado, com periodicidade.<\/p><p>A veda\u00e7\u00e3o \u00e0 realiza\u00e7\u00e3o de novos investimentos em direitos e expectativas de direito que n\u00e3o atendam aos requisitos de liquidez, certeza e exigibilidade definitivas entra em vigor em 13.10.2026, enquanto as obriga\u00e7\u00f5es aplic\u00e1veis \u00e0s carteiras que j\u00e1 contenham esses ativos entram em vigor em 04.01.2027.<\/p><p>Maiores informa\u00e7\u00f5es, bem como a \u00edntegra da Resolu\u00e7\u00e3o, podem ser encontradas no site do CMN (<a href=\"https:\/\/www.gov.br\/fazenda\/pt-br\/assuntos\/cmn\">https:\/\/www.gov.br\/fazenda\/pt-br\/assuntos\/cmn<\/a>).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-d6cf9d1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d6cf9d1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-9b0e0a6\" data-id=\"9b0e0a6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4df1897 elementor-widget elementor-widget-spacer\" data-id=\"4df1897\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2015a65 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"2015a65\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-084a5dc elementor-widget elementor-widget-heading\" data-id=\"084a5dc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Resolu\u00e7\u00e3o CVM n\u00ba 249 institui programa piloto para testes de tokeniza\u00e7\u00e3o<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0002c98 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"0002c98\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Em 14.10.2026, a Comiss\u00e3o de Valores Mobili\u00e1rios \u2013 CVM publicou a <a href=\"https:\/\/conteudo.cvm.gov.br\/legislacao\/resolucoes\/resol249.html\">Resolu\u00e7\u00e3o CVM n\u00ba 249\/2026<\/a>, que institui o Programa Piloto DLT CVM (\u201c<u>Programa<\/u>\u201d) e entrou em vigor na mesma data. A iniciativa estabelece um ambiente experimental destinado ao teste de opera\u00e7\u00f5es de emiss\u00e3o, oferta, distribui\u00e7\u00e3o, negocia\u00e7\u00e3o, escritura\u00e7\u00e3o, cust\u00f3dia, dep\u00f3sito centralizado e liquida\u00e7\u00e3o de valores mobili\u00e1rios em redes de tecnologia de registro distribu\u00eddo (<em>Distributed Ledger Technology<\/em> \u2013 DLT).<\/p><p>O Programa tem por objetivo avaliar a viabilidade t\u00e9cnica, operacional e jur\u00eddica da utiliza\u00e7\u00e3o de DLT no mercado de valores mobili\u00e1rios, bem como a opera\u00e7\u00e3o entre diferentes redes e a exist\u00eancia de riscos, vulnerabilidades e lacunas regulat\u00f3rias. A proposta foi elaborada a partir de discuss\u00f5es promovidas pelo Grupo de Trabalho de Tokeniza\u00e7\u00e3o (\u201c<u>GTT<\/u>\u201d), que re\u00fane t\u00e9cnicos de quatorze superintend\u00eancias da CVM. Segundo a Autarquia, a defini\u00e7\u00e3o do programa buscou evitar a ado\u00e7\u00e3o de par\u00e2metros vinculados a tecnologias espec\u00edficas, de modo a preservar espa\u00e7o para futuras inova\u00e7\u00f5es.<\/p><p>No \u00e2mbito do Programa, poder\u00e3o ser realizadas opera\u00e7\u00f5es experimentais envolvendo a\u00e7\u00f5es, deb\u00eantures, certificados de receb\u00edveis, cotas de fundos de investimento e demais t\u00edtulos ou contratos de investimento coletivo. A CVM ir\u00e1 acompanhar os testes por meio de mecanismos de acesso \u00e0s redes selecionadas, inclusive com possibilidade de leitura em tempo real dos registros das opera\u00e7\u00f5es. A gest\u00e3o das redes de testes poder\u00e1 ser atribu\u00edda a associa\u00e7\u00f5es representativas de entidades autorizadas, registradas ou credenciadas pela CVM e a entidades autorreguladoras do mercado de valores mobili\u00e1rios.<\/p><p>A coordena\u00e7\u00e3o do Programa ficar\u00e1 a cargo do Comit\u00ea Gestor (\u201c<u>Comit\u00ea<\/u>\u201d) composto pelos membros da CVM que integram o GTT. Os testes ter\u00e3o dura\u00e7\u00e3o de sessenta dias, prorrog\u00e1vel por at\u00e9 trinta dias, ao t\u00e9rmino dos quais os participantes dever\u00e3o encaminhar relat\u00f3rios ao Comit\u00ea. Com base nos resultados, riscos identificados e demais informa\u00e7\u00f5es produzidas durante as opera\u00e7\u00f5es experimentais, o Comit\u00ea dever\u00e1 consolidar documento final de avalia\u00e7\u00e3o e submet\u00ea-lo ao Colegiado da CVM, incluindo recomenda\u00e7\u00f5es sobre eventuais melhorias relacionadas \u00e0 utiliza\u00e7\u00e3o do Programa.<\/p><p>Maiores informa\u00e7\u00f5es, bem como a \u00edntegra da not\u00edcia, podem ser encontradas no site da CVM (<a href=\"https:\/\/www.gov.br\/cvm\/pt-br\">www.gov.br\/cvm<\/a>).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-6b264ed elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6b264ed\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-593d572\" data-id=\"593d572\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-60a90d5 elementor-widget elementor-widget-spacer\" data-id=\"60a90d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-08a91d8 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"08a91d8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-af49114 elementor-widget elementor-widget-heading\" data-id=\"af49114\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Taxa de performance em FIDC e remunera\u00e7\u00e3o da consultoria especializada s\u00e3o objeto de orienta\u00e7\u00e3o da CVM<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c4308ac elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"c4308ac\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Em 11.09.2026, a Superintend\u00eancia de Securitiza\u00e7\u00e3o e Agroneg\u00f3cio (\u201c<u>SSE<\/u>\u201d) da Comiss\u00e3o de Valores Mobili\u00e1rios &#8211; CVM publicou o <a href=\"https:\/\/conteudo.cvm.gov.br\/legislacao\/oficios-circulares\/sse1\/oc-sse-0326.html\">Of\u00edcio Circular CVM\/SSE 3\/2026<\/a> (\u201c<u>Of\u00edcio Circular<\/u>\u201d), com orienta\u00e7\u00f5es dirigidas a administradores e gestores de Fundos de Investimento em Direitos Credit\u00f3rios &#8211; FIDC acerca da destina\u00e7\u00e3o da taxa de performance.<\/p><p>Segundo o entendimento apresentado pela \u00e1rea t\u00e9cnica, a taxa de performance cobrada pelos FIDC deve ser destinada exclusivamente ao gestor, n\u00e3o sendo admitida sua transfer\u00eancia, integral ou parcial, a consultor especializado contratado pelo gestor.<\/p><p>A SSE tamb\u00e9m esclarece que a vincula\u00e7\u00e3o da taxa de performance ao consultor pode caracterizar o exerc\u00edcio de atividade de gest\u00e3o de carteira sem a devida autoriza\u00e7\u00e3o. Nessa hip\u00f3tese, o consultor, o gestor ou o administrador do FIDC poder\u00e3o estar sujeitos \u00e0 responsabiliza\u00e7\u00e3o, conforme as circunst\u00e2ncias de cada caso.<\/p><p>Por fim, a CVM disponibilizou canais de comunica\u00e7\u00e3o por meio de e-mails (<a href=\"mailto:sse@cvm.gov.br\">sse@cvm.gov.br<\/a> e <a href=\"mailto:gsec-1@cvm.gov.br\">gsec-1@cvm.gov.br<\/a>) para o esclarecimento de d\u00favidas relativas ao teor do documento t\u00e9cnico divulgado.<\/p><p>Maiores informa\u00e7\u00f5es, bem como a \u00edntegra do Of\u00edcio Circular, podem ser encontradas no site da CVM (<a href=\"https:\/\/www.gov.br\/cvm\/pt-br\">www.gov.br\/cvm<\/a>).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-94442bf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"94442bf\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-04d7dec\" data-id=\"04d7dec\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7964947 elementor-widget elementor-widget-spacer\" data-id=\"7964947\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7be1ffa elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"7be1ffa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1a13556 elementor-widget elementor-widget-heading\" data-id=\"1a13556\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Resolu\u00e7\u00e3o CVM altera regras de envio e acesso a informa\u00e7\u00f5es do sistema de informa\u00e7\u00f5es de cr\u00e9dito<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ee11c1 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"5ee11c1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Em 05.10.2026, a Comiss\u00e3o de Valores Mobili\u00e1rios \u2013 CVM editou a <a href=\"https:\/\/conteudo.cvm.gov.br\/export\/sites\/cvm\/legislacao\/resolucoes\/anexos\/200\/resol247.pdf\">Resolu\u00e7\u00e3o CVM n\u00ba 247\/2026<\/a> (\u201c<u>Resolu\u00e7\u00e3o CVM n\u00ba 247<\/u>\u201d), que promove altera\u00e7\u00f5es na <a href=\"https:\/\/conteudo.cvm.gov.br\/export\/sites\/cvm\/legislacao\/resolucoes\/anexos\/001\/resol060consolid.pdf\">Resolu\u00e7\u00e3o CVM n\u00ba 60\/2021<\/a> e no Anexo Normativo II da <a href=\"https:\/\/conteudo.cvm.gov.br\/export\/sites\/cvm\/legislacao\/resolucoes\/anexos\/100\/resol175consolid.pdf\">Resolu\u00e7\u00e3o CVM n\u00ba 175\/2022<\/a>. O novo ato disciplina o envio e o acesso a informa\u00e7\u00f5es relativas a opera\u00e7\u00f5es de cr\u00e9dito no \u00e2mbito do Sistema de Informa\u00e7\u00f5es de Cr\u00e9dito (\u201c<u>SCR<\/u>\u201d), administrado pelo Banco Central do Brasil &#8211; Bacen, em decorr\u00eancia do Acordo de Coopera\u00e7\u00e3o T\u00e9cnica celebrado entre as duas Autarquias.<\/p><p>Entre as altera\u00e7\u00f5es, a Resolu\u00e7\u00e3o CVM n\u00ba 247 estabelece que as companhias securitizadoras dever\u00e3o encaminhar mensalmente ao SCR informa\u00e7\u00f5es referentes \u00e0s suas opera\u00e7\u00f5es de cr\u00e9dito. Para os Fundos de Investimento em Direitos Credit\u00f3rios (\u201c<u>FIDC<\/u>\u201d), a norma aprimora e sistematiza as disposi\u00e7\u00f5es aplic\u00e1veis ao envio de informa\u00e7\u00f5es pelos administradores e passa a autorizar os gestores a consultar os dados disponibilizados no SCR, ampliando o conjunto de informa\u00e7\u00f5es dispon\u00edveis para a avalia\u00e7\u00e3o do n\u00edvel de endividamento dos devedores e do risco de cr\u00e9dito.<\/p><p>As companhias securitizadoras ter\u00e3o prazo de 12 (doze) meses para se adaptar \u00e0s novas obriga\u00e7\u00f5es, enquanto os administradores de FIDC n\u00e3o ter\u00e3o prazo adicional, considerando que j\u00e1 realizam o envio de informa\u00e7\u00f5es ao SCR.<\/p><p>A Resolu\u00e7\u00e3o CVM n\u00ba 247 entrar\u00e1 em vigor em 1\u00ba de novembro de 2026. Maiores informa\u00e7\u00f5es, bem como a \u00edntegra da Resolu\u00e7\u00e3o CVM n\u00ba 247, podem ser encontradas no site da CVM (<a href=\"https:\/\/www.gov.br\/cvm\/pt-br\">www.gov.br\/cvm<\/a>).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-817a42b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"817a42b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-c829822\" data-id=\"c829822\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9c958df elementor-widget elementor-widget-spacer\" data-id=\"9c958df\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7c1432c elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"7c1432c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c1e27ea elementor-widget elementor-widget-heading\" data-id=\"c1e27ea\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">ANBIMA e CVM ampliam an\u00e1lise pr\u00e9via de ofertas p\u00fablicas para Companhias optantes pelo Regime F\u00e1cil<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-21d1927 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"21d1927\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Em 28.09.2026, a Associa\u00e7\u00e3o Brasileira das Entidades dos Mercados Financeiro e de Capitais \u2013 ANBIMA informou que ampliou, em conjunto com a Comiss\u00e3o de Valores Mobili\u00e1rios &#8211; CVM, o escopo da an\u00e1lise pr\u00e9via de ofertas p\u00fablicas realizada no \u00e2mbito do Acordo de Coopera\u00e7\u00e3o T\u00e9cnica (\u201c<u>ACT<\/u>\u201d) mantido entre as entidades. Com a atualiza\u00e7\u00e3o da matriz de ofertas p\u00fablicas, companhias de menor porte que adotem o Regime F\u00e1cil passam a ser abrangidas pelo procedimento, que j\u00e1 era aplicado a outras modalidades de ofertas previstas no ACT.<\/p><p>O servi\u00e7o consiste na an\u00e1lise, pela ANBIMA, dos pedidos de ofertas p\u00fablicas que posteriormente ser\u00e3o submetidos ao registro autom\u00e1tico pela CVM, conforme o procedimento estabelecido pela <a href=\"https:\/\/conteudo.cvm.gov.br\/export\/sites\/cvm\/legislacao\/resolucoes\/anexos\/100\/resol160consolid.pdf\">Resolu\u00e7\u00e3o CVM n\u00ba 160\/2022<\/a>. A inclus\u00e3o das ofertas realizadas por companhias optantes pelo Regime F\u00e1cil havia sido aprovada no primeiro semestre pela Comiss\u00e3o de Administra\u00e7\u00e3o do Acordo CVM\/ ANBIMA, mas sua implementa\u00e7\u00e3o dependia da defini\u00e7\u00e3o do escopo de atua\u00e7\u00e3o junto \u00e0 Superintend\u00eancia de Rela\u00e7\u00f5es com Empresas (SEP).<\/p><p>Essa etapa foi conclu\u00edda em 09.09.2026, atendendo \u00e0 condi\u00e7\u00e3o estabelecida pela CVM para a entrada em vigor da altera\u00e7\u00e3o.<\/p><p>Maiores informa\u00e7\u00f5es, bem como a \u00edntegra da not\u00edcia, podem ser encontradas no site da ANBIMA (<a href=\"http:\/\/www.anbima.com.br\">www.anbima.com.br<\/a>).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-e7b3972 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e7b3972\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-e6d3ec7\" data-id=\"e6d3ec7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-af345a0 elementor-widget elementor-widget-spacer\" data-id=\"af345a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b6a9327 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"b6a9327\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8f6be40 elementor-widget elementor-widget-heading\" data-id=\"8f6be40\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">CVM examina regime de divulga\u00e7\u00e3o de pr\u00e1ticas de governan\u00e7a corporativa por meio de tomada p\u00fablica de subs\u00eddios<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fbaab78 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"fbaab78\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Em 02.10.2026, a Comiss\u00e3o de Valores Mobili\u00e1rios \u2013 CVM publicou, por meio da Assessoria de An\u00e1lise Econ\u00f4mica, Gest\u00e3o de Riscos e Integridade (ASA), o <a href=\"https:\/\/www.gov.br\/cvm\/pt-br\/centrais-de-conteudo\/publicacoes\/estudos\/edital_tps_informe_governanca.pdf\">Edital de Tomada P\u00fablica de Subs\u00eddios ASA\/CVM n\u00ba 01\/26<\/a>, com o objetivo de reunir contribui\u00e7\u00f5es t\u00e9cnicas sobre o regime de divulga\u00e7\u00e3o de informa\u00e7\u00f5es aplic\u00e1vel \u00e0s companhias abertas, principalmente quanto ao Informe de Governan\u00e7a Corporativa previsto no Anexo D da <a href=\"https:\/\/conteudo.cvm.gov.br\/export\/sites\/cvm\/legislacao\/resolucoes\/anexos\/001\/resol080consolid.pdf\">Resolu\u00e7\u00e3o CVM n\u00ba 80\/2022<\/a>.<\/p><p>A iniciativa d\u00e1 continuidade \u00e0 Avalia\u00e7\u00e3o de Resultado Regulat\u00f3rio (ARR) intitulada \u201cInforme de Governan\u00e7a Corporativa: uma an\u00e1lise qualitativa e quantitativa sobre sua aplica\u00e7\u00e3o\u201d, divulgada pela CVM em 2024. O estudo apontou influ\u00eancia positiva, embora limitada, do Informe e apresentou propostas atinentes \u00e0 incorpora\u00e7\u00e3o de seu conte\u00fado ao Formul\u00e1rio de Refer\u00eancia e \u00e0 revis\u00e3o da governan\u00e7a do C\u00f3digo Brasileiro de Governan\u00e7a Corporativa.<\/p><p>Por meio desse edital, a CVM busca ind\u00edcios que permitam avaliar diferentes hip\u00f3teses de trabalho. Entre os pontos submetidos \u00e0 an\u00e1lise est\u00e3o: (i) se o valor informacional do informe estaria concentrado em determinadas pr\u00e1ticas, (ii) a eventual padroniza\u00e7\u00e3o das justificativas para n\u00e3o ado\u00e7\u00e3o ou ado\u00e7\u00e3o parcial, (iii) a utilidade das informa\u00e7\u00f5es para investidores institucionais e usu\u00e1rios especializados, (iv) os custos de elabora\u00e7\u00e3o para companhias de diferentes portes, e (v) a influ\u00eancia da atualiza\u00e7\u00e3o do C\u00f3digo Brasileiro de Governan\u00e7a Corporativa sobre a relev\u00e2ncia das pr\u00e1ticas nele previstas. Tamb\u00e9m ser\u00e3o examinadas hip\u00f3teses relacionadas aos fatores que determinam a ades\u00e3o \u00e0s pr\u00e1ticas de governan\u00e7a e aos poss\u00edveis efeitos da estrutura concentrada de propriedade das companhias brasileiras sobre a disciplina de mercado decorrente das informa\u00e7\u00f5es divulgadas.<\/p><p>A Autarquia esclarece que as hip\u00f3teses acima n\u00e3o constituem conclus\u00f5es ou prefer\u00eancias, mas pontos de investiga\u00e7\u00e3o destinados a orientar a avalia\u00e7\u00e3o da mat\u00e9ria. A iniciativa possui car\u00e1ter preliminar e explorat\u00f3rio e n\u00e3o implica, necessariamente, a realiza\u00e7\u00e3o posterior de An\u00e1lise de Impacto Regulat\u00f3rio (AIR).<\/p><p>Por fim, a CVM informa que as contribui\u00e7\u00f5es dever\u00e3o ser encaminhadas \u00e0 ela at\u00e9 02.02.2027, pelo endere\u00e7o <a href=\"mailto:asa@cvm.gov.br\">asa@cvm.gov.br<\/a>, com o assunto \u201cTOMADA P\u00daBLICA DE SUBS\u00cdDIOS ASA\/CVM N\u00ba 01\/26\u201d. Junto disso, o documento principal dever\u00e1 ser apresentado em formato PDF, enquanto os dados quantitativos tamb\u00e9m dever\u00e3o ser encaminhados por meio da planilha disponibilizada no Anexo I do Edital.<\/p><p>Maiores informa\u00e7\u00f5es, bem como a \u00edntegra do Edital de Tomada P\u00fablica de Subs\u00eddios ASA\/CVM n\u00ba 01\/26, podem ser encontradas no site da CVM (<a href=\"https:\/\/www.gov.br\/cvm\/pt-br\">www.gov.br\/cvm<\/a>).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-baac4f5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"baac4f5\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-62dd13e\" data-id=\"62dd13e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3ff9f3b elementor-widget elementor-widget-spacer\" data-id=\"3ff9f3b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8674732 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"8674732\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ea9aaeb elementor-widget elementor-widget-heading\" data-id=\"ea9aaeb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">CNJ prorroga entrada em vigor da Consolida\u00e7\u00e3o Nacional da Execu\u00e7\u00e3o Efetiva <\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d448170 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"d448170\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Em 15.09.2026, a Corregedoria Nacional de Justi\u00e7a do Conselho Nacional de Justi\u00e7a \u2014 CNJ editou o <a href=\"https:\/\/atos.cnj.jus.br\/atos\/detalhar\/7042\">Provimento CNJ n\u00ba 256\/2026<\/a>, que altera o <a href=\"https:\/\/atos.cnj.jus.br\/atos\/detalhar\/6981\">Provimento CNJ n\u00ba 255\/2026<\/a> para prorrogar a entrada em vigor da Consolida\u00e7\u00e3o Nacional da Execu\u00e7\u00e3o Efetiva. Conforme noticiado na nossa <a href=\"https:\/\/moreiramenezes.com.br\/newsletter-n144\/\">Newsletter n\u00ba 144<\/a>, a referida medida disciplina a Pol\u00edtica Nacional de Execu\u00e7\u00e3o Efetiva e re\u00fane diretrizes para aprimorar a execu\u00e7\u00e3o judicial e extrajudicial, abrangendo medidas de pesquisa patrimonial, reuni\u00e3o de execu\u00e7\u00f5es, solu\u00e7\u00e3o consensual e aliena\u00e7\u00e3o judicial de bens.<\/p><p>Com a altera\u00e7\u00e3o, o prazo para entrada em vigor da Consolida\u00e7\u00e3o Nacional da Execu\u00e7\u00e3o Efetiva foi ampliado de 30 para 180 dias, contados de sua publica\u00e7\u00e3o do Provimento CNJ n\u00ba 255\/2026, ocorrida em 20.08.2026. A prorroga\u00e7\u00e3o busca assegurar aos tribunais tempo adicional para planejar e implementar as medidas previstas, que demandam a edi\u00e7\u00e3o de atos normativos pr\u00f3prios, a designa\u00e7\u00e3o de magistrados e servidores e a adequa\u00e7\u00e3o dos sistemas processuais.<\/p><p>Maiores informa\u00e7\u00f5es, bem como a \u00edntegra do a \u00edntegra do Provimento CNJ n\u00ba 256\/2026, podem ser encontradas no site do CNJ (<a href=\"https:\/\/www.cnj.jus.br\/).\">https:\/\/www.cnj.jus.br\/).<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-e67e81a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e67e81a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-30b2138\" data-id=\"30b2138\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-14623fa elementor-widget elementor-widget-spacer\" data-id=\"14623fa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1702c3f elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"1702c3f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-18f03cf elementor-widget elementor-widget-heading\" data-id=\"18f03cf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Novo marco legal prev\u00ea incentivos \u00e0 produ\u00e7\u00e3o e \u00e0 industrializa\u00e7\u00e3o de minerais cr\u00edticos e estrat\u00e9gicos <\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f4e4ab9 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"f4e4ab9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Em 16.09.2026, foi publicada a Lei n\u00ba 15.506\/2026 (\u201c<u>Lei<\/u>\u201d), que institui a Pol\u00edtica Nacional de Minerais Cr\u00edticos e Estrat\u00e9gicos (\u201c<u>PNMCE<\/u>\u201d) e cria o Conselho Nacional para Industrializa\u00e7\u00e3o de Minerais Cr\u00edticos e Estrat\u00e9gicos (\u201c<u>CIMCE<\/u>\u201d), vinculado \u00e0 Presid\u00eancia da Rep\u00fablica.<\/p><p>A PNMCE busca fomentar a pesquisa, a lavra, o beneficiamento, a transforma\u00e7\u00e3o mineral e a minera\u00e7\u00e3o urbana de maneira sustent\u00e1vel, promovendo a agrega\u00e7\u00e3o de valor em territ\u00f3rio nacional e o desenvolvimento das cadeias produtivas desses minerais.<\/p><p>Entre as principais medidas previstas na Lei, destacam-se:<\/p><ul><li>(i) a cria\u00e7\u00e3o do CIMCE, respons\u00e1vel pela coordena\u00e7\u00e3o, pelo planejamento e pelo acompanhamento da PNMCE, incluindo estabelecer a defini\u00e7\u00e3o das subst\u00e2ncias que se enquadrem como minerais cr\u00edticos e estrat\u00e9gicos e dos projetos priorit\u00e1rios. Sua estrutura e as atividades que s\u00e3o de sua compet\u00eancia foram disciplinadas pelo <a href=\"https:\/\/www.planalto.gov.br\/ccivil_03\/_ato2023-2026\/2026\/decreto\/d13118.htm\">Decreto n\u00ba 13.118\/2026<\/a>;<br \/><br \/><\/li><li>(ii) a autoriza\u00e7\u00e3o para a Uni\u00e3o criar o Fundo Garantidor da Atividade Mineral (\u201c<u>FGAM<\/u>\u201d), de natureza privada, destinado \u00e0 concess\u00e3o de garantias e \u00e0 mitiga\u00e7\u00e3o de riscos de projetos priorit\u00e1rios. A Uni\u00e3o poder\u00e1 participar como cotista at\u00e9 o limite de R$ 2 bilh\u00f5es;<br \/><br \/><\/li><li>(iii) a autoriza\u00e7\u00e3o para a Uni\u00e3o instituir o Programa Federal de Beneficiamento e Transforma\u00e7\u00e3o de Minerais Cr\u00edticos e Estrat\u00e9gicos, com previs\u00e3o de concess\u00e3o de cr\u00e9ditos fiscais de at\u00e9 20% dos disp\u00eandios com as atividades de beneficiamento e transforma\u00e7\u00e3o mineral e de minera\u00e7\u00e3o urbana de minerais cr\u00edticos e estrat\u00e9gicos, sujeitos \u00e0 regulamenta\u00e7\u00e3o;<br \/><br \/><\/li><li>(iv) a obriga\u00e7\u00e3o de as empresas que realizem pesquisa, lavra, beneficiamento ou transforma\u00e7\u00e3o mineral dos minerais abrangidos destinarem, anualmente, nos seis primeiros anos contados da data da regulamenta\u00e7\u00e3o a ser criada, no m\u00ednimo 0,3% da receita operacional bruta dessas atividades, descontados os tributos incidentes, a projetos de pesquisa, desenvolvimento e inova\u00e7\u00e3o, e 0,2% \u00e0 integraliza\u00e7\u00e3o de cotas do FGAM. Ap\u00f3s esse per\u00edodo, o percentual m\u00ednimo destinado \u00e0 pesquisa, ao desenvolvimento e \u00e0 inova\u00e7\u00e3o ser\u00e1 de 0,5%.<\/li><\/ul><p>A Lei entrou em vigor na data de sua publica\u00e7\u00e3o, embora a operacionaliza\u00e7\u00e3o de diversos instrumentos dependa de regulamenta\u00e7\u00e3o.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-8a5f7c4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8a5f7c4\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-e091566\" data-id=\"e091566\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f0e6e9c elementor-widget elementor-widget-spacer\" data-id=\"f0e6e9c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0a3ac51 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"0a3ac51\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d846637 elementor-widget elementor-widget-heading\" data-id=\"d846637\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">STJ reconhece incid\u00eancia de ir sobre ganhos de fiis na aliena\u00e7\u00e3o de cotas de outros fundos imobili\u00e1rios <\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8fd7f80 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"8fd7f80\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Em 01.09.2026, a Primeira Turma do Superior Tribunal de Justi\u00e7a (\u201c<u>STJ<\/u>\u201d) decidiu, por maioria, que os ganhos de capital obtidos por fundos de investimento imobili\u00e1rio (\u201c<u>FIIs<\/u>\u201d) na aliena\u00e7\u00e3o ou no resgate de cotas de outros FIIs est\u00e3o sujeitos ao Imposto sobre a Renda (\u201c<u>IR<\/u>\u201d). O entendimento foi adotado no julgamento do <a href=\"https:\/\/scon.stj.jus.br\/SCON\/jurisprudencia\/toc.jsp?livre=%28RESP+INPATH%28CLAS%29+AND+2211684+INPATH%28NUM%29%29+OR+%28NEAR%28%28RESP%2C2211684%29%2C0%2CTRUE%29+INPATH%28SUCE%29%29\">REsp n\u00ba 2.211.684\/SP<\/a> e destacado no <a href=\"https:\/\/scon.stj.jus.br\/jurisprudencia\/externo\/informativo\/?aplicacao=informativo&amp;acao=pesquisar&amp;livre=@CNOT=022638\">Informativo de Jurisprud\u00eancia n\u00ba 903<\/a>.<\/p><p>A controv\u00e9rsia envolvia o tratamento tribut\u00e1rio das estruturas conhecidas como <em>funds of funds<\/em>, nas quais um fundo investe em cotas de outros fundos imobili\u00e1rios. Discutia-se se a isen\u00e7\u00e3o prevista no art. 16 da Lei n\u00ba 8.668\/1993 afastaria a aplica\u00e7\u00e3o do art. 18 da mesma lei, que estabelece tributa\u00e7\u00e3o \u00e0 al\u00edquota de 20% sobre os ganhos decorrentes da aliena\u00e7\u00e3o ou do resgate de cotas de FIIs.<\/p><p>Prevaleceu o entendimento de que a condi\u00e7\u00e3o de FII do investidor n\u00e3o afasta a tributa\u00e7\u00e3o da opera\u00e7\u00e3o. Para a maioria, o art. 18 disciplina especificamente os ganhos com cotas de fundos imobili\u00e1rios e possui abrang\u00eancia suficiente para alcan\u00e7ar os pr\u00f3prios FIIs. Sua aplica\u00e7\u00e3o deve, portanto, prevalecer sobre a isen\u00e7\u00e3o geral do art. 16. A amplia\u00e7\u00e3o do benef\u00edcio a essas opera\u00e7\u00f5es tamb\u00e9m encontraria obst\u00e1culo na interpreta\u00e7\u00e3o literal exigida pelo art. 111, II, do C\u00f3digo Tribut\u00e1rio Nacional.<\/p><p>O julgamento distinguiu, ainda, os rendimentos recebidos durante a manuten\u00e7\u00e3o dos ativos em carteira dos ganhos apurados com sua aliena\u00e7\u00e3o. No entendimento da Primeira Turma, a dispensa de reten\u00e7\u00e3o na fonte prevista no art. 16-A, \u00a7 1\u00ba, da Lei n\u00ba 8.668\/1993 n\u00e3o se estende ao ganho de capital decorrente da venda das cotas, sujeito a disciplina tribut\u00e1ria pr\u00f3pria.<\/p><p>Maiores informa\u00e7\u00f5es podem ser encontradas no site do STJ (<a href=\"https:\/\/www.stj.jus.br\/\">https:\/\/www.stj.jus.br\/<\/a>)<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-629879b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"629879b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-86fde8e\" data-id=\"86fde8e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5d4bd8d elementor-widget elementor-widget-spacer\" data-id=\"5d4bd8d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d4fa423 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"d4fa423\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ca3d736 elementor-widget elementor-widget-heading\" data-id=\"ca3d736\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Justi\u00e7a Brasileira pode julgar a\u00e7\u00e3o anulat\u00f3ria de senten\u00e7a arbitral estrangeira <\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-82c063c elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"82c063c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Em 06.10.2026, a Terceira Turma do Superior Tribunal de Justi\u00e7a (\u201c<u>STJ<\/u>\u201d), por unanimidade, reconheceu a jurisdi\u00e7\u00e3o do Poder Judici\u00e1rio brasileiro para processar e julgar a\u00e7\u00e3o anulat\u00f3ria de senten\u00e7a arbitral estrangeira. O entendimento foi adotado no julgamento do <a href=\"https:\/\/processo.stj.jus.br\/processo\/pesquisa\/?src=1.1.2&amp;aplicacao=processos.ea&amp;tipoPesquisa=tipoPesquisaGenerica&amp;num_processo=REsp2224272\">REsp n\u00ba 2.224.272\/SP<\/a>, de relatoria da Ministra Nancy Andrighi.<\/p><p>A controv\u00e9rsia teve origem em contrato de compra e venda de a\u00e7\u00f5es de institui\u00e7\u00e3o financeira, que previa arbitragem sediada em Nova York. As partes haviam escolhido a legisla\u00e7\u00e3o brasileira para disciplinar o procedimento arbitral, prevendo a compet\u00eancia do foro de S\u00e3o Paulo\/SP para eventual a\u00e7\u00e3o anulat\u00f3ria. A disputa envolvia valores retidos em conta vinculada para cobertura de conting\u00eancias verificadas ap\u00f3s o fechamento da opera\u00e7\u00e3o.<\/p><p>Ap\u00f3s a senten\u00e7a arbitral, a parte vendedora ajuizou a\u00e7\u00e3o anulat\u00f3ria, alegando, entre outros fundamentos, que a decis\u00e3o havia excedido os limites da conven\u00e7\u00e3o de arbitragem. Embora o ju\u00edzo de primeiro grau tenha reconhecido a jurisdi\u00e7\u00e3o brasileira e julgado o pedido improcedente, o Tribunal de Justi\u00e7a de S\u00e3o Paulo (\u201c<u>TJSP<\/u>\u201d) extinguiu o processo por falta de interesse de agir, sob o fundamento de que o controle da senten\u00e7a estrangeira deveria ocorrer exclusivamente em procedimento de homologa\u00e7\u00e3o perante o STJ.<\/p><p>Ao examinar o recurso, a Terceira Turma atribuiu relev\u00e2ncia \u00e0 combina\u00e7\u00e3o entre a lei procedimental escolhida e a cl\u00e1usula de elei\u00e7\u00e3o de foro. A fundamenta\u00e7\u00e3o se apoiou no art. V(1)(e) da Conven\u00e7\u00e3o de Nova York de 1958, que admite a recusa de reconhecimento de senten\u00e7a arbitral anulada por autoridade competente do pa\u00eds em que foi proferida ou daquela cuja lei procedimental regeu a arbitragem, e no art. 22, III, do C\u00f3digo de Processo Civil, que admite a submiss\u00e3o volunt\u00e1ria das partes \u00e0 jurisdi\u00e7\u00e3o nacional.<\/p><p>Em seu voto, a Ministra Nancy Andrighi destacou que \u201ca escolha da lei brasileira para reger o procedimento arbitral, mesmo diante de sede estrangeira, abre as portas do Judici\u00e1rio nacional para a a\u00e7\u00e3o anulat\u00f3ria, como reconhecido pelos mesmos muitos e renomados autores\u201d. A mera ado\u00e7\u00e3o da lei brasileira para disciplinar o conte\u00fado do contrato e o m\u00e9rito da disputa n\u00e3o produziria o mesmo resultado.<\/p><p>Com o provimento do recurso especial, o STJ determinou o retorno dos autos ao TJSP para prosseguimento do exame da controv\u00e9rsia, superada a quest\u00e3o relativa \u00e0 jurisdi\u00e7\u00e3o brasileira.<\/p><p>Maiores informa\u00e7\u00f5es podem ser encontradas no site do STJ (<a href=\"https:\/\/www.stj.jus.br\/\">https:\/\/www.stj.jus.br\/<\/a>)<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-5a27535 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5a27535\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-63a6318\" data-id=\"63a6318\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5e01c5c elementor-widget elementor-widget-spacer\" data-id=\"5e01c5c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8bb153c elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"8bb153c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8357185 elementor-widget elementor-widget-heading\" data-id=\"8357185\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Jurisprud\u00eancia<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-412c1fe elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"412c1fe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul>\n<li><b>Superior Tribunal de Justi\u00e7a<\/b><\/li>\n<\/ul>\n<p>PROCESSUAL CIVIL E EMPRESARIAL. RECURSO ESPECIAL REPETITIVO. RECUPERA\u00c7\u00c3O JUDICIAL E FAL\u00caNCIA. INCIDENTES DE HABILITA\u00c7\u00c3O E IMPUGNA\u00c7\u00c3O DE CR\u00c9DITO. HONOR\u00c1RIOS ADVOCAT\u00cdCIOS SUCUMBENCIAIS. LITIGIOSIDADE. EFETIVA INSTAURA\u00c7\u00c3O DE CONTROV\u00c9RSIA JUDICIAL ENTRE AS PARTES. MERA INSTAURA\u00c7\u00c3O DO INCIDENTE. INSUFICI\u00caNCIA. BASE DE C\u00c1LCULO. NATUREZA DA CONTROV\u00c9RSIA.<br><span style=\"background-color: transparent;\"><br>1. A habilita\u00e7\u00e3o de cr\u00e9dito e a impugna\u00e7\u00e3o de cr\u00e9dito constituem instrumentos distintos no procedimento de verifica\u00e7\u00e3o de cr\u00e9ditos previsto na Lei 11.101\/2005. A primeira destina-se \u00e0 inclus\u00e3o de cr\u00e9dito n\u00e3o relacionado na lista de credores, ao passo que a segunda tem por objeto questionar cr\u00e9dito constante da rela\u00e7\u00e3o elaborada pelo administrador judicial quanto \u00e0 sua legitimidade, import\u00e2ncia ou classifica\u00e7\u00e3o.<\/span><\/p>\n<p><span style=\"background-color: transparent;\">2. A configura\u00e7\u00e3o da litigiosidade nas hip\u00f3teses de habilita\u00e7\u00e3o ou impugna\u00e7\u00e3o de cr\u00e9dito n\u00e3o pode ser presumida com base apenas na exist\u00eancia formal do incidente. Trata-se de quest\u00e3o que demanda an\u00e1lise concreta da atua\u00e7\u00e3o das partes, da exist\u00eancia de resist\u00eancia e da efetiva necessidade de atua\u00e7\u00e3o jurisdicional para resolu\u00e7\u00e3o do conflito.<\/span><\/p>\n<p><span style=\"background-color: transparent;\">3. A aus\u00eancia de resist\u00eancia da parte contr\u00e1ria ou sua concord\u00e2ncia com a pretens\u00e3o deduzida pode afastar a sucumb\u00eancia, ainda que a solu\u00e7\u00e3o da quest\u00e3o tenha exigido a instaura\u00e7\u00e3o de incidente perante o Ju\u00edzo da recupera\u00e7\u00e3o judicial ou da fal\u00eancia.<\/span><\/p>\n<p><span style=\"background-color: transparent;\">4. Configurada a litigiosidade, a base de c\u00e1lculo dos honor\u00e1rios deve ser definida segundo a natureza da controv\u00e9rsia instaurada.<\/span><\/p>\n<p><span style=\"background-color: transparent;\">5. Tese para os efeitos dos arts. 927 e 1.036 a 1.041 do CPC:<\/span><\/p>\n<p><em>&#8211; Nos incidentes de habilita\u00e7\u00e3o e de impugna\u00e7\u00e3o de cr\u00e9dito em processos de recupera\u00e7\u00e3o judicial ou de fal\u00eancia:<\/em><\/p>\n<p><em style=\"background-color: transparent;\">I) a condena\u00e7\u00e3o ao pagamento de honor\u00e1rios de sucumb\u00eancia exige a efetiva instaura\u00e7\u00e3o de controv\u00e9rsia judicial entre as partes.<\/em><\/p>\n<p><em style=\"background-color: transparent;\">II) a base de c\u00e1lculo dos honor\u00e1rios deve observar a natureza da controv\u00e9rsia instaurada, considerando-se como crit\u00e9rios orientadores:<\/em><\/p>\n<p><em style=\"background-color: transparent;\">a) nas hip\u00f3teses em que se discuta a exist\u00eancia ou o valor do cr\u00e9dito, deve-se priorizar o proveito econ\u00f4mico, correspondente ao valor efetivamente controvertido;<\/em><\/p>\n<p><em style=\"background-color: transparent;\">b) nas hip\u00f3teses em que se discuta a exigibilidade, a natureza, a classifica\u00e7\u00e3o do cr\u00e9dito ou a legitimidade da parte, os honor\u00e1rios devem ser fixados com base na equidade.<\/em><\/p>\n<p><span style=\"background-color: transparent;\"><em>6.&nbsp;<\/em>Caso concreto em que, ap\u00f3s os esclarecimentos quanto aos valores devidos, a recuperanda concordou expressamente com a pretens\u00e3o do credor, n\u00e3o se configurando litigiosidade apta a justificar a condena\u00e7\u00e3o ao pagamento de honor\u00e1rios advocat\u00edcios sucumbenciais.<br><\/span><span style=\"background-color: transparent;\">7. Recurso especial a que se nega provimento<\/span><\/p>\n<p>(STJ, Segunda Se\u00e7\u00e3o, Recurso Especial n\u00ba 2.090.066\/SP, Tema Repetitivo n\u00ba 1.250. Relatora para o Ac\u00f3rd\u00e3o: Min. Maria Isabel Gallotti. Data de Julgamento: 03.09.2026. Data de Publica\u00e7\u00e3o: 25.09.2026).<br><br><br><\/p>\n<p><\/p>\n<p>DIREITO PROCESSUAL CIVIL. RECURSO ESPECIAL REPETITIVO. TEMA 1.230\/STJ. IMPENHORABILIDADE DE VERBAS REMUNERAT\u00d3RIAS (CPC, ART. 833, IV E \u00a7 2\u00ba). CR\u00c9DITO DE NATUREZA N\u00c3O ALIMENTAR. RELATIVIZA\u00c7\u00c3O EM CAR\u00c1TER EXCEPCIONAL. POSSIBILIDADE. RECURSO DESPROVIDO.<\/p>\n<p><span style=\"background-color: transparent;\">1. A quest\u00e3o em discuss\u00e3o \u00e9 saber se, \u00e0 luz do art. 833, IV e \u00a7 2\u00ba, do CPC\/2015, a regra de impenhorabilidade de verbas de natureza remunerat\u00f3ria pode ser relativizada para pagamento de d\u00edvida n\u00e3o alimentar, inclusive quando a renda mensal do devedor for inferior a cinquenta sal\u00e1rios m\u00ednimos.<br><\/span><span style=\"background-color: transparent;\"><br>2. O CPC de 2015 suprimiu a qualifica\u00e7\u00e3o de \u201cabsolutamente impenhor\u00e1veis\u201d constante do art. 649 do CPC de 1973, admitindo ser relativa a impenhorabilidade agora prevista no art. 833, podendo ser mitigada mediante pondera\u00e7\u00e3o entre a efetividade da execu\u00e7\u00e3o e a menor onerosidade para o devedor, sob a diretriz da dignidade da pessoa humana.<br><\/span><span style=\"background-color: transparent;\"><br>3. A Corte Especial consolidou entendimento de que a relativiza\u00e7\u00e3o da impenhorabilidade das verbas salariais independe da natureza do cr\u00e9dito e do valor dos ganhos recebidos pelo devedor, condicionando a garantia legal \u00e0 n\u00e3o afeta\u00e7\u00e3o da subsist\u00eancia digna do executado e de sua fam\u00edlia, al\u00e9m da pr\u00e9via inviabilidade de outros meios execut\u00f3rios.<br><\/span><span style=\"background-color: transparent;\"><br>4. Assim, a impenhorabilidade das verbas de natureza remunerat\u00f3ria \u00e9 relativa e pode ser mitigada, de forma excepcional, para pagamento de d\u00edvida n\u00e3o alimentar, inclusive quando a renda do devedor for inferior a cinquenta sal\u00e1rios m\u00ednimos, desde que preservada a subsist\u00eancia digna do executado e de sua fam\u00edlia e frustrados outros meios execut\u00f3rios previamente tentados.<br><\/span><span style=\"background-color: transparent;\"><br>5. Nos termos do art. 1.036 e seguintes do CPC, adota-se para o Tema 1.230\/STJ a seguinte tese repetitiva:<\/span><\/p>\n<ul>\n<li><em>A regra geral da impenhorabilidade de verbas de natureza remunerat\u00f3ria (CPC de 2015, art. 833, IV) pode ser mitigada, em car\u00e1ter excepcional, para pagamento de d\u00edvida de natureza n\u00e3o alimentar, desde que: (a) inviabilizados outros meios execut\u00f3rios que possam garantir a efetividade da execu\u00e7\u00e3o; e (b) comprovado que a constri\u00e7\u00e3o n\u00e3o comprometa a subsist\u00eancia digna do devedor e de sua fam\u00edlia, cabendo a este o respectivo \u00f4nus probat\u00f3rio. <\/em><\/li>\n<\/ul>\n<p>6. No caso concreto, o ac\u00f3rd\u00e3o recorrido decidiu em conformidade com a tese firmada neste repetitivo.<br><span style=\"background-color: transparent;\"><br>7. Recurso desprovido, com a fixa\u00e7\u00e3o da tese repetitiva.<\/span><\/p>\n<p>(STJ, Corte Especial, Recurso Especial n\u00ba 1.894.973\/PR, Tema Repetitivo n\u00ba 1.230. Relator: Min. Raul Ara\u00fajo. Data de Julgamento: 15.09.2026. Data de Publica\u00e7\u00e3o: 21.09.2026).<br><br><br><\/p>\n<p><\/p>\n<p>DIREITO ADMINISTRATIVO, RESPONSABILIDADE CIVIL E DIREITO PROCESSUAL CIVIL. RECURSO ESPECIAL REPETITIVO. SERVI\u00c7O P\u00daBLICO E DANO CAUSADO A TERCEIRO POR PESSOA JUR\u00cdDICA DE DIREITO PRIVADO CONCESSION\u00c1RIA OU PERMISSION\u00c1RIA (CF, ARTS. 37, \u00a7 6\u00ba, E 175). RESPONSABILIDADE CIVIL OBJETIVA. POSTERIOR INSOLV\u00caNCIA DA CONCESSION\u00c1RIA. REDIRECIONAMENTO AUTOM\u00c1TICO DA EXECU\u00c7\u00c3O AO PODER CONCEDENTE, NA FASE DE CUMPRIMENTO DE SENTEN\u00c7A. INVIABILIDADE (LEI 8.987\/1995). VIOLA\u00c7\u00c3O AOS LIMITES SUBJETIVOS DA COISA JULGADA (CPC, ARTS. 506 e 513, \u00a7 5\u00ba) E AO DEVIDO PROCESSO LEGAL (CPC, ARTS. 7\u00ba, 9\u00ba E 10). AUS\u00caNCIA DE CONVOCA\u00c7\u00c3O E DE PARTICIPA\u00c7\u00c3O DO PODER P\u00daBLICO NA FASE DE CONHECIMENTO DA LIDE. TEMA PRESCRICIONAL PREJUDICADO. TESE REPETITIVA FIRMADA (TEMA 1.225\/STJ). CASO CONCRETO: RECURSO ESPECIAL PROVIDO.<br><span style=\"background-color: transparent;\"><br>1. O recurso especial foi afetado ao rito dos recursos repetitivos (Tema 1.225\/STJ), para defini\u00e7\u00e3o: (i) da possibilidade de redirecionamento da execu\u00e7\u00e3o \u00e0 pessoa jur\u00eddica de direito p\u00fablico, em raz\u00e3o da insolv\u00eancia de concession\u00e1ria de servi\u00e7o p\u00fablico, sem participa\u00e7\u00e3o do ente p\u00fablico na fase de conhecimento e sem sua inclus\u00e3o no t\u00edtulo executivo judicial; e (ii) do termo inicial do prazo prescricional quinquenal para o eventual redirecionamento da execu\u00e7\u00e3o contra o ente p\u00fablico.<br><\/span><span style=\"background-color: transparent;\"><br>2. O art. 37, \u00a7 6\u00ba, da Constitui\u00e7\u00e3o Federal estabelece a responsabilidade objetiva das pessoas jur\u00eddicas de direito p\u00fablico e das de direito privado prestadoras de servi\u00e7os p\u00fablicos pelos danos causados, por seus agentes, a terceiros. Mas a norma n\u00e3o prev\u00ea responsabilidade solid\u00e1ria ou subsidi\u00e1ria autom\u00e1tica entre o poder concedente e a concession\u00e1ria ou permission\u00e1ria, em raz\u00e3o de posterior insolv\u00eancia destas ou de d\u00edvidas inadimplidas por estas.<br><\/span><span style=\"background-color: transparent;\"><br>3. Por sua vez, a Lei 8.987\/1995, especialmente em seus arts. 2\u00ba, II, 25 e 38, \u00a7 6\u00ba, define incumbir \u00e0 concession\u00e1ria ou permission\u00e1ria a execu\u00e7\u00e3o do servi\u00e7o p\u00fablico concedido, por sua conta e risco, respondendo por todos os preju\u00edzos causados ao poder concedente, aos usu\u00e1rios ou a outros terceiros, sendo que a fiscaliza\u00e7\u00e3o exercida pelo poder concedente n\u00e3o exclui nem atenua essa responsabilidade.<br><\/span><span style=\"background-color: transparent;\"><br>4. Portanto, o regime especial das concess\u00f5es e permiss\u00f5es, previsto pelo art. 175 da Constitui\u00e7\u00e3o Federal e regulado pela Lei 8.987\/1995, pressup\u00f5e a autonomia patrimonial da pessoa jur\u00eddica de direito privado prestadora de servi\u00e7o p\u00fablico, com a transfer\u00eancia a esta dos riscos e responsabilidades inerentes \u00e0 explora\u00e7\u00e3o econ\u00f4mica contratada, inexistindo, em regra, garantia p\u00fablica quanto \u00e0 obriga\u00e7\u00f5es e d\u00edvidas tocantes \u00e0 titular da delega\u00e7\u00e3o. Assim, a mera posterior insolv\u00eancia da delegat\u00e1ria insere-se no risco do empreendimento assumido pelo ente privado e, por si s\u00f3, n\u00e3o gera responsabilidade subsidi\u00e1ria do ente p\u00fablico por condena\u00e7\u00f5es patrimoniais impostas exclusivamente \u00e0 concession\u00e1ria ou permission\u00e1ria.<br><\/span><span style=\"background-color: transparent;\"><br>5. Ainda que, em tese, se admita responsabiliza\u00e7\u00e3o do poder concedente por omiss\u00e3o ou falha no dever de fiscalizar (culpa in vigilando) ou por v\u00edcio na escolha da concession\u00e1ria ou permission\u00e1ria (culpa in eligendo), tal responsabilidade n\u00e3o pode ser presumida, nem \u00e9 autom\u00e1tica, dependendo de prova espec\u00edfica da falha estatal, a ser produzida na fase de cogni\u00e7\u00e3o da respectiva a\u00e7\u00e3o, sob o crivo do contradit\u00f3rio e da ampla defesa, inerentes ao devido processo legal, sendo invi\u00e1vel sua decreta\u00e7\u00e3o direta na fase de cumprimento de senten\u00e7a.<br><\/span><span style=\"background-color: transparent;\"><br>6. Os arts. 506 e 513, \u00a7 5\u00ba, do C\u00f3digo de Processo Civil &#8211; CPC vedam seja o cumprimento de senten\u00e7a promovido em face de coobrigado ou de correspons\u00e1vel que n\u00e3o tenha participado da fase de conhecimento da lide, normas que, interpretadas em conjunto com as dos arts. 7\u00ba, 9\u00ba e 10 do CPC, inviabilizam a inclus\u00e3o, na fase executiva, de sujeito que at\u00e9 ent\u00e3o n\u00e3o integrou a rela\u00e7\u00e3o processual, sob pena de viola\u00e7\u00e3o aos limites subjetivos da coisa julgada e \u00e0s garantias do devido processo legal, com o contradit\u00f3rio e a ampla defesa.<br><\/span><span style=\"background-color: transparent;\"><br>7. Atento \u00e0 disciplina legal, o Superior Tribunal de Justi\u00e7a possui jurisprud\u00eancia firmada no sentido da impossibilidade de modifica\u00e7\u00e3o do polo passivo da a\u00e7\u00e3o para inclus\u00e3o, na fase executiva, de correspons\u00e1veis n\u00e3o convocados a ju\u00edzo na fase de conhecimento, por ofensa \u00e0 coisa julgada e \u00e0 garantias processuais fundamentais.<br><\/span><span style=\"background-color: transparent;\"><br>8. A jurisprud\u00eancia vinculante do eg. Supremo Tribunal Federal (ADC 16, RE 760.931 \u2013 Tema 246 e RE 1.298.647 \u2013 Tema 1.118) afasta a responsabiliza\u00e7\u00e3o autom\u00e1tica da Administra\u00e7\u00e3o P\u00fablica contratante por inadimplemento de obriga\u00e7\u00f5es por parte de terceiros contratados, assentando a imprescindibilidade de prova da culpa estatal e a impossibilidade de invers\u00e3o gen\u00e9rica do \u00f4nus da prova contra o poder p\u00fablico. Tal entendimento, por analogia, refor\u00e7a a veda\u00e7\u00e3o de redirecionamento autom\u00e1tico da execu\u00e7\u00e3o ao ente concedente em raz\u00e3o da mera posterior insolv\u00eancia da concession\u00e1ria.<br><\/span><span style=\"background-color: transparent;\"><br>9. O redirecionamento da execu\u00e7\u00e3o ao poder concedente implicaria, na pr\u00e1tica, desvirtuamento do modelo de concess\u00f5es e permiss\u00f5es, com a transfer\u00eancia de riscos privados ao er\u00e1rio, a cria\u00e7\u00e3o de incentivos jur\u00eddicos adversos \u00e0 boa gest\u00e3o dos neg\u00f3cios e dos contratos e o est\u00edmulo \u00e0 inadimpl\u00eancia das concession\u00e1rias e o potencial comprometimento de pol\u00edticas p\u00fablicas setoriais.<br><\/span><span style=\"background-color: transparent;\"><br>10. Firmada a impossibilidade jur\u00eddica do redirecionamento da execu\u00e7\u00e3o em face do poder concedente n\u00e3o convocado a ju\u00edzo na fase de conhecimento da lide, resta prejudicada, no \u00e2mbito do presente repetitivo, a an\u00e1lise do tema subsidi\u00e1rio relativo ao termo inicial do prazo prescricional quinquenal para ajuizamento de pretens\u00e3o indenizat\u00f3ria contra o ente p\u00fablico, por perda de objeto.<br><\/span><span style=\"background-color: transparent;\"><br>11. Tese repetitiva adotada, nos termos do art. 1.036 e seguintes do CPC: &#8220;<\/span><em>\u00c9 invi\u00e1vel o redirecionamento autom\u00e1tico do cumprimento de senten\u00e7a contra o poder concedente, apenas em raz\u00e3o de posterior insolv\u00eancia da concession\u00e1ria ou permission\u00e1ria de servi\u00e7o p\u00fablico, quando o ente p\u00fablico n\u00e3o foi convocado a participar da fase cognitiva da a\u00e7\u00e3o, por viola\u00e7\u00e3o aos limites subjetivos da coisa julgada (CPC, arts. 506 e 513, \u00a7 5\u00ba) e ao devido processo legal (CPC, arts. 7\u00ba, 9\u00ba e 10).&#8221;<\/em><\/p>\n<p><em><br><\/em><span style=\"background-color: transparent;\">12. No caso concreto, o ac\u00f3rd\u00e3o recorrido autorizou o redirecionamento do cumprimento de senten\u00e7a em face do Munic\u00edpio recorrente, em raz\u00e3o da posterior insolv\u00eancia da concession\u00e1ria e de responsabilidade subsidi\u00e1ria fundada no art. 37, \u00a7 6\u00ba, da Constitui\u00e7\u00e3o Federal, embora o ente p\u00fablico n\u00e3o tenha participado da a\u00e7\u00e3o na fase de conhecimento, o que contraria a tese repetitiva ora firmada, impondo-se a reforma do ac\u00f3rd\u00e3o para excluir o poder concedente do polo passivo da execu\u00e7\u00e3o.<br><\/span><span style=\"background-color: transparent;\"><br>13. Recurso especial provido para afastar o redirecionamento da execu\u00e7\u00e3o em face do ente p\u00fablico concedente, excluindo-o do polo passivo do cumprimento de senten\u00e7a.<\/span><\/p>\n<p>(STJ. Corte Especial, Recurso Especial n\u00ba 2.005.469\/RJ, Tema Repetitivo n\u00ba 1.225. Relator: Min. Raul Ara\u00fajo. Data de Julgamento: 15.09.2026. Data de Publica\u00e7\u00e3o: 21.09.2026).<br><br><br><\/p>\n<p><\/p>\n<p>DIREITO CIVIL, BANC\u00c1RIO E CONSUMIDOR. RECURSO ESPECIAL REPETITIVO. TEMA 1.119 DO STJ. CONTROV\u00c9RSIA SOBRE A RESILI\u00c7\u00c3O UNILATERAL DE CONTA-CORRENTE POR INICIATIVA DA INSTITUI\u00c7\u00c3O FINANCEIRA. POSSIBILIDADE. EXIST\u00caNCIA DE LEGISLA\u00c7\u00c3O ESPECIAL. INAPLICABILIDADE DO ART. 39, INCISO IX, DO CDC. OBSERV\u00c2NCIA DA REGULAMENTA\u00c7\u00c3O DO CMN (RESOLU\u00c7\u00d5ES N. 4.753\/2019 E N. 5.261\/2025).<br><span style=\"background-color: transparent;\"><br>1. Quest\u00e3o afetada: &#8220;Aplicabilidade (ou n\u00e3o) do art. 39, inciso IX, do CDC \u00e0 resili\u00e7\u00e3o unilateral de contrato de conta corrente banc\u00e1ria por iniciativa da institui\u00e7\u00e3o financeira&#8221; (Tema 1.119 do STJ).<br><\/span><span style=\"background-color: transparent;\"><br>2. De acordo com o art. 39, inciso IX, do CDC: &#8220;\u00c9 vedado ao fornecedor de produto ou servi\u00e7o [&#8230;] recusar a venda de bens ou a presta\u00e7\u00e3o de servi\u00e7os, diretamente a quem se disponha a adquiri-los mediante pronto pagamento [&#8230;]&#8221;.<br><\/span><span style=\"background-color: transparent;\"><br>3. A conta-corrente pressup\u00f5e um contrato sinalagm\u00e1tico, oneroso, comutativo, de ades\u00e3o e de execu\u00e7\u00e3o continuada e complexa, com presta\u00e7\u00f5es que se protraem no tempo. Por ser intuito personae, essa esp\u00e9cie contratual tem por premissa a <\/span><em style=\"background-color: transparent;\">affectio contractus<\/em><span style=\"background-color: transparent;\"> e a confian\u00e7a rec\u00edproca entre o correntista e a institui\u00e7\u00e3o financeira.<br><\/span><span style=\"background-color: transparent;\"><br>4. A vigente Resolu\u00e7\u00e3o CMN n. 4.753\/2019, que disp\u00f5e sobre a abertura, a manuten\u00e7\u00e3o e o encerramento de conta de dep\u00f3sitos, prev\u00ea a possibilidade de resili\u00e7\u00e3o volunt\u00e1ria de um ou outro contratante, observadas a transpar\u00eancia e a informa\u00e7\u00e3o, conforme disposto em seus arts. 5\u00ba e 6\u00ba, alterado esse \u00faltimo pela Resolu\u00e7\u00e3o CMN n. 5.261\/2025.<br><\/span><span style=\"background-color: transparent;\"><br>5. O art. 39, inciso IX, do CDC (i) excepciona a sua aplica\u00e7\u00e3o aos &#8220;casos de intermedia\u00e7\u00e3o regulados em leis especiais&#8221;, nas quais se inclui a legisla\u00e7\u00e3o sobre institui\u00e7\u00f5es financeiras e as normas do CMN; (ii) refere-se \u00e0 rela\u00e7\u00e3o de consumo imediata e de &#8220;pronto pagamento&#8221; (enquanto a conta-corrente pressup\u00f5e um contrato que se desdobra em outros servi\u00e7os acess\u00f3rios de trato sucessivo, n\u00e3o se amoldando a esse conceito de rela\u00e7\u00e3o consumerista imediata e de pronto pagamento); e (iii) cuida da recusa de contratar ante mesmo de a rela\u00e7\u00e3o de consumo se estabelecer, o que n\u00e3o tem a ver com o encerramento de conta-corrente, por ser essa contratada anteriormente.<br><\/span><span style=\"background-color: transparent;\"><br>6. N\u00e3o se aplica \u00e0 resili\u00e7\u00e3o unilateral de conta-corrente por iniciativa da institui\u00e7\u00e3o financeira a regra do art. 39, IX, do CDC, e outras cong\u00eaneres do mesmo c\u00f3digo, que consideram pr\u00e1tica abusiva a recusa de fornecimento de produto ou servi\u00e7o a quem se disponha a pagar o pre\u00e7o, tendo em vista a exist\u00eancia de legisla\u00e7\u00e3o especial.<br><\/span><span style=\"background-color: transparent;\"><br>7. A jurisprud\u00eancia do STJ tem se mostrado uniforme no sentido da validade da resili\u00e7\u00e3o unilateral do contrato de conta-corrente, respeitada a pr\u00e9via notifica\u00e7\u00e3o e demais obriga\u00e7\u00f5es contratuais. Precedentes da Terceira e da Quarta Turmas.<br><\/span><span style=\"background-color: transparent;\"><br>8. No caso concreto, incide \u00e0 pretens\u00e3o das partes recorrentes a S\u00famula 83 do STJ (&#8220;N\u00e3o se conhece do recurso especial pela diverg\u00eancia, quando a orienta\u00e7\u00e3o do Tribunal se firmou no mesmo sentido da decis\u00e3o recorrida.&#8221;).<br><\/span><span style=\"background-color: transparent;\"><br>9. Recurso especial julgado sob o rito dos repetitivos (Tema 1.119\/STJ), com fixa\u00e7\u00e3o desta tese: &#8220;A veda\u00e7\u00e3o prevista no art. 39, inciso IX, do CDC n\u00e3o se aplica \u00e0 resili\u00e7\u00e3o unilateral de contrato de conta-corrente banc\u00e1ria por iniciativa da institui\u00e7\u00e3o financeira.&#8221;. Recurso especial julgado para firmar a tese, mas n\u00e3o conhecido no caso concreto.<\/span><\/p>\n<p>(STJ, Segunda Se\u00e7\u00e3o, Recurso Especial n\u00ba 1.941.347\/SP, Tema Repetitivo n\u00ba 1.119. Relator: Min. Humberto Martins. Data de Julgamento: 03.09.2026. Data de Publica\u00e7\u00e3o: 23.09.2026).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-66734bdc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"66734bdc\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-168c5e9d\" data-id=\"168c5e9d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2c8f4dd7 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"2c8f4dd7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-square-full\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M512 512H0V0h512v512z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">\u00faltimas not\u00edcias<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4ed4af9 elementor-widget elementor-widget-jet-listing-grid\" data-id=\"4ed4af9\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;columns&quot;:&quot;4&quot;}\" data-widget_type=\"jet-listing-grid.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"jet-listing-grid jet-listing\"><div class=\"jet-listing-grid__items grid-col-desk-4 grid-col-tablet-4 grid-col-mobile-4 jet-listing-grid--6082 jet-equal-columns__wrapper\" data-queried-id=\"10555|WP_Post\" data-nav=\"{&quot;enabled&quot;:false,&quot;type&quot;:null,&quot;more_el&quot;:null,&quot;query&quot;:{&quot;allowed_query_ids&quot;:[&quot;&quot;],&quot;signature&quot;:&quot;099d999f3ce45203033f33cd7700f0c91bd96b6f06a4ee75edfe013f05e917c2&quot;},&quot;widget_settings&quot;:{&quot;lisitng_id&quot;:6082,&quot;posts_num&quot;:4,&quot;columns&quot;:4,&quot;columns_tablet&quot;:4,&quot;columns_mobile&quot;:4,&quot;column_min_width&quot;:240,&quot;column_min_width_tablet&quot;:240,&quot;column_min_width_mobile&quot;:240,&quot;inline_columns_css&quot;:false,&quot;is_archive_template&quot;:&quot;&quot;,&quot;post_status&quot;:[&quot;publish&quot;],&quot;use_random_posts_num&quot;:&quot;&quot;,&quot;max_posts_num&quot;:9,&quot;not_found_message&quot;:&quot;No data was found&quot;,&quot;is_masonry&quot;:false,&quot;equal_columns_height&quot;:&quot;yes&quot;,&quot;use_load_more&quot;:&quot;&quot;,&quot;load_more_id&quot;:&quot;&quot;,&quot;load_more_type&quot;:&quot;click&quot;,&quot;load_more_offset&quot;:null,&quot;use_custom_post_types&quot;:&quot;&quot;,&quot;custom_post_types&quot;:[],&quot;hide_widget_if&quot;:&quot;&quot;,&quot;carousel_enabled&quot;:&quot;&quot;,&quot;slides_to_scroll&quot;:&quot;1&quot;,&quot;arrows&quot;:&quot;true&quot;,&quot;arrow_icon&quot;:&quot;fa fa-angle-left&quot;,&quot;dots&quot;:&quot;&quot;,&quot;autoplay&quot;:&quot;true&quot;,&quot;pause_on_hover&quot;:&quot;true&quot;,&quot;autoplay_speed&quot;:5000,&quot;infinite&quot;:&quot;true&quot;,&quot;center_mode&quot;:&quot;&quot;,&quot;effect&quot;:&quot;slide&quot;,&quot;speed&quot;:500,&quot;inject_alternative_items&quot;:&quot;&quot;,&quot;injection_items&quot;:[],&quot;scroll_slider_enabled&quot;:&quot;&quot;,&quot;scroll_slider_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;],&quot;custom_query&quot;:false,&quot;custom_query_id&quot;:&quot;&quot;,&quot;_element_id&quot;:&quot;&quot;,&quot;collapse_first_last_gap&quot;:false,&quot;list_tag_selection&quot;:&quot;&quot;,&quot;list_items_wrapper_tag&quot;:&quot;div&quot;,&quot;list_item_tag&quot;:&quot;div&quot;,&quot;empty_items_wrapper_tag&quot;:&quot;div&quot;,&quot;_jet_engine_settings_signature&quot;:&quot;8b8efc50db65e7ba40193eaff421e4561e04b1243f56ef28c70b75fe5980d6e5&quot;}}\" data-page=\"1\" data-pages=\"48\" data-listing-source=\"posts\" data-listing-id=\"6082\" data-query-id=\"\"><div class=\"jet-listing-grid__item jet-listing-dynamic-post-10547 jet-equal-columns elementor-dcss-5929256271137782\" data-post-id=\"10547\"  ><div class=\"jet-engine-listing-overlay-wrap\" data-url=\"https:\/\/moreiramenezes.com.br\/en\/leaders-league-2027-destaca-nosso-escritorio-pelo-terceiro-ano-consecutivo\/\">\t\t<div data-elementor-type=\"jet-listing-items\" data-elementor-id=\"6082\" class=\"elementor elementor-6082\" data-elementor-post-type=\"jet-engine\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-43029eb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"43029eb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5d20d3b\" data-id=\"5d20d3b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5868778 elementor-widget elementor-widget-image\" data-id=\"5868778\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"1000\" src=\"https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/10\/Leaders-League-Ranked-Firm-2027-feed-819x1024.png\" class=\"attachment-large size-large wp-image-10548\" alt=\"\" srcset=\"https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/10\/Leaders-League-Ranked-Firm-2027-feed-819x1024.png 819w, https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/10\/Leaders-League-Ranked-Firm-2027-feed-240x300.png 240w, https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/10\/Leaders-League-Ranked-Firm-2027-feed-768x960.png 768w, https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/10\/Leaders-League-Ranked-Firm-2027-feed-10x12.png 10w, https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/10\/Leaders-League-Ranked-Firm-2027-feed.png 1080w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ec1118f elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"ec1118f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/moreiramenezes.com.br\/en\/categorias\/noticias\/\" rel=\"tag\">Not\u00edcias<\/a><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3793b42 elementor-widget elementor-widget-heading\" data-id=\"3793b42\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/moreiramenezes.com.br\/en\/leaders-league-2027-destaca-nosso-escritorio-pelo-terceiro-ano-consecutivo\/\">Leaders League 2027 destaca nosso escrit\u00f3rio pelo terceiro ano consecutivo<\/a><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a969cee elementor-widget elementor-widget-heading\" data-id=\"a969cee\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">07.10.2026<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t<a href=\"https:\/\/moreiramenezes.com.br\/en\/leaders-league-2027-destaca-nosso-escritorio-pelo-terceiro-ano-consecutivo\/\" class=\"jet-engine-listing-overlay-link\"><\/a><\/div><\/div><div class=\"jet-listing-grid__item jet-listing-dynamic-post-10528 jet-equal-columns elementor-dcss-5929256280122714\" data-post-id=\"10528\"  ><div class=\"jet-engine-listing-overlay-wrap\" data-url=\"https:\/\/moreiramenezes.com.br\/en\/nova-resolucao-do-conselho-monetario-nacional-restringe-investimentos-de-fidcs-em-direitos-sobre-acoes-judiciais-ou-arbitragem\/\">\t\t<div data-elementor-type=\"jet-listing-items\" data-elementor-id=\"6082\" class=\"elementor elementor-6082\" data-elementor-post-type=\"jet-engine\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-43029eb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"43029eb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5d20d3b\" data-id=\"5d20d3b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5868778 elementor-widget elementor-widget-image\" data-id=\"5868778\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"1000\" src=\"https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/09\/card-versao-portugues-819x1024.png\" class=\"attachment-large size-large wp-image-10543\" alt=\"\" srcset=\"https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/09\/card-versao-portugues-819x1024.png 819w, https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/09\/card-versao-portugues-240x300.png 240w, https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/09\/card-versao-portugues-768x960.png 768w, https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/09\/card-versao-portugues-10x12.png 10w, https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/09\/card-versao-portugues.png 1080w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ec1118f elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"ec1118f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/moreiramenezes.com.br\/en\/categorias\/noticias\/\" rel=\"tag\">Not\u00edcias<\/a><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3793b42 elementor-widget elementor-widget-heading\" data-id=\"3793b42\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/moreiramenezes.com.br\/en\/nova-resolucao-do-conselho-monetario-nacional-restringe-investimentos-de-fidcs-em-direitos-sobre-acoes-judiciais-ou-arbitragem\/\">Nova Resolu\u00e7\u00e3o do Conselho Monet\u00e1rio Nacional restringe investimentos de FIDCs em direitos sobre a\u00e7\u00f5es judiciais ou arbitragem<\/a><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a969cee elementor-widget elementor-widget-heading\" data-id=\"a969cee\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">28.09.2026<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t<a href=\"https:\/\/moreiramenezes.com.br\/en\/nova-resolucao-do-conselho-monetario-nacional-restringe-investimentos-de-fidcs-em-direitos-sobre-acoes-judiciais-ou-arbitragem\/\" class=\"jet-engine-listing-overlay-link\"><\/a><\/div><\/div><div class=\"jet-listing-grid__item jet-listing-dynamic-post-10392 jet-equal-columns elementor-dcss-5929256288246758\" data-post-id=\"10392\"  ><div class=\"jet-engine-listing-overlay-wrap\" data-url=\"https:\/\/moreiramenezes.com.br\/en\/dados-sobre-conselhos-de-administracao-e-conselhos-fiscais-eleitos-nas-assembleias-gerais-ordinarias-de-2026\/\">\t\t<div data-elementor-type=\"jet-listing-items\" data-elementor-id=\"6082\" class=\"elementor elementor-6082\" data-elementor-post-type=\"jet-engine\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-43029eb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"43029eb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5d20d3b\" data-id=\"5d20d3b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5868778 elementor-widget elementor-widget-image\" data-id=\"5868778\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"1000\" src=\"https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/07\/AGOs-2026-PT-819x1024.png\" class=\"attachment-large size-large wp-image-10409\" alt=\"\" srcset=\"https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/07\/AGOs-2026-PT-819x1024.png 819w, https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/07\/AGOs-2026-PT-240x300.png 240w, https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/07\/AGOs-2026-PT-768x960.png 768w, https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/07\/AGOs-2026-PT-10x12.png 10w, https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/07\/AGOs-2026-PT.png 1080w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ec1118f elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"ec1118f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/moreiramenezes.com.br\/en\/categorias\/noticias\/\" rel=\"tag\">Not\u00edcias<\/a><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3793b42 elementor-widget elementor-widget-heading\" data-id=\"3793b42\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/moreiramenezes.com.br\/en\/dados-sobre-conselhos-de-administracao-e-conselhos-fiscais-eleitos-nas-assembleias-gerais-ordinarias-de-2026\/\">Dados sobre Conselhos de Administra\u00e7\u00e3o e Conselhos Fiscais eleitos nas Assembleias Gerais Ordin\u00e1rias de 2026<\/a><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a969cee elementor-widget elementor-widget-heading\" data-id=\"a969cee\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">24.07.2026<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t<a href=\"https:\/\/moreiramenezes.com.br\/en\/dados-sobre-conselhos-de-administracao-e-conselhos-fiscais-eleitos-nas-assembleias-gerais-ordinarias-de-2026\/\" class=\"jet-engine-listing-overlay-link\"><\/a><\/div><\/div><div class=\"jet-listing-grid__item jet-listing-dynamic-post-10302 jet-equal-columns elementor-dcss-5929256296409492\" data-post-id=\"10302\"  ><div class=\"jet-engine-listing-overlay-wrap\" data-url=\"https:\/\/moreiramenezes.com.br\/en\/nosso-escritorio-e-reconhecido-pela-chambers-regions-2026\/\">\t\t<div data-elementor-type=\"jet-listing-items\" data-elementor-id=\"6082\" class=\"elementor elementor-6082\" data-elementor-post-type=\"jet-engine\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-43029eb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"43029eb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5d20d3b\" 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https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/06\/Chambers-2026-768x768.png 768w, https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/06\/Chambers-2026-12x12.png 12w, https:\/\/moreiramenezes.com.br\/wp-content\/uploads\/2026\/06\/Chambers-2026.png 1080w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ec1118f elementor-widget__width-auto elementor-widget elementor-widget-heading\" data-id=\"ec1118f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/moreiramenezes.com.br\/en\/categorias\/noticias\/\" rel=\"tag\">Not\u00edcias<\/a><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3793b42 elementor-widget elementor-widget-heading\" data-id=\"3793b42\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/moreiramenezes.com.br\/en\/nosso-escritorio-e-reconhecido-pela-chambers-regions-2026\/\">Nosso escrit\u00f3rio \u00e9 reconhecido pela Chambers Regions 2026<\/a><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a969cee elementor-widget elementor-widget-heading\" data-id=\"a969cee\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<span class=\"elementor-heading-title elementor-size-default\">24.06.2026<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t<a href=\"https:\/\/moreiramenezes.com.br\/en\/nosso-escritorio-e-reconhecido-pela-chambers-regions-2026\/\" class=\"jet-engine-listing-overlay-link\"><\/a><\/div><\/div><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5d516374 elementor-widget elementor-widget-spacer\" data-id=\"5d516374\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Newsletter n\u00ba 145 | Outubro 2026 Download PDF Nesta edi\u00e7\u00e3o: Nova Resolu\u00e7\u00e3o do Conselho Monet\u00e1rio Nacional restringe investimentos de FIDCs em direitos sobre a\u00e7\u00f5es judiciais ou arbitragem Em 24.09.2026, o Conselho Monet\u00e1rio Nacional \u2013 CMN editou a Resolu\u00e7\u00e3o CMN n\u00ba 5.343 (\u201cResolu\u00e7\u00e3o\u201d), que altera a Resolu\u00e7\u00e3o CMN n\u00ba 2.907, de 29.11.2001, para estabelecer novas regras [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,22],"tags":[],"class_list":["post-10555","post","type-post","status-publish","format-standard","hentry","category-newsletter","category-newsletter-mmm"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Newsletter N\u00b0145 - Moreira Menezes Martins<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/moreiramenezes.com.br\/en\/newsletter-n145\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Newsletter N\u00b0145 - Moreira Menezes Martins\" \/>\n<meta property=\"og:description\" content=\"Newsletter n\u00ba 145 | Outubro 2026 Download PDF Nesta edi\u00e7\u00e3o: Nova Resolu\u00e7\u00e3o do Conselho Monet\u00e1rio Nacional restringe investimentos de FIDCs em direitos sobre a\u00e7\u00f5es judiciais ou arbitragem Em 24.09.2026, o Conselho Monet\u00e1rio Nacional \u2013 CMN editou a Resolu\u00e7\u00e3o CMN n\u00ba 5.343 (\u201cResolu\u00e7\u00e3o\u201d), que altera a Resolu\u00e7\u00e3o CMN n\u00ba 2.907, de 29.11.2001, para estabelecer novas regras [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/moreiramenezes.com.br\/en\/newsletter-n145\/\" \/>\n<meta property=\"og:site_name\" content=\"Moreira Menezes Martins\" \/>\n<meta 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