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Brazil: Mandatory local partnerships in the insurance sector

Description

In December 2010 and March 2011, the Brazilian National Council on Private Insurance (CNSP) issued Resolutions no. 225 and 232, respectively, on foreign insurance firms. Resolution no. 225 stipulated ...

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Intervention Details

Intervention Type

Local operations requirement

MAST Chapter

I: Trade-related investment measures

Implementation date

31 Mar 2011

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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