CVM
Grade B
Securities and Exchange Commission of Brazil · Brazil · Official register
License facts
What it takes to hold this license, from the TrustFinance regulator database.
Authorized capital
38,700 - 155,110
required to operate
Time to obtain
3-9 Months
typical licensing process
TrustFinance grade
of A to D
Requirements to get licensed
Main requirements
- Corporate Document Regularization: Ensuring all corporate documents are in order.
- Company Registration: Registering the company as a valid business entity.
- State Fees: Payment of applicable state fees.
- Business Plan: Developing a comprehensive business plan outlining key operational aspects, market strategies, financial estimates, and risk management procedures.
- AML/KYC Procedures: Setting up necessary Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures.
- Corporate Bank Account: Opening a corporate bank account.
- Merchant Account Activation: Activating a merchant account.
- License Application: Applying to the desired institution for a license
About this regulator
The Securities and Exchange Commission of Brazil, commonly referred to by its Portuguese acronym CVM (Comissão de Valores Mobiliários), is the Brazilian federal government agency responsible for regulating, developing, controlling, and supervising the securities market in Brazil. Established by Law No. 6385 in December 1976, the CVM plays a crucial role in ensuring the stability and integrity of the Brazilian financial markets.
Companies holding this license
Companies on record, each linking to its verification page.