Brazilian Senate approves Regulatory Agencies’ Legal Framework

The bill intents to regulate “the management, the organization, the decision process and the social control” of the federal regulatory agencies in Brazil.  

The Brazilian Senate’s floor approved on May 30, 2019 the text of the General Law of Regulatory Agencies (Bill S. 52 of 2013 or PLS 52/2013), which establishes a variety of measures that aim to guarantee the transparency and autonomy of these institutions, as well as to avoid the interference of private sector interests on regulatory requirements. The bill also deals with the interaction between regulatory agencies and competition agencies, as well as the operational interaction between regulatory agencies and federal, state, and municipal regulatory bodies. 

Brazilian Senate approves Regulatory Agencies’ Legal Framework

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