Empresas.NET System - New Reference Form (FRe)

Mandatory

B3 facilitates compliance with the information regime of listed companies and BDR programs admitted to trading.

CVM Resolution 59/21 published by the Brazilian Securities & Exchange Commission (CVM) has brought about many innovations.

Therefore, B3 will improve the Reference Form (FRe) considering new information to be provided, notably regarding ESG (Environmental, Social and Corporate Governance) aspects. Furthermore, the FRe will be completed and delivered online as the other forms structured throughout 2021 (ITR – Quarterly Information, FCa – Registration Form and DFP – Standardized Financial Statements).

Additionally, we will make available to the market an API for posting unstructured data.

Project Tags:

Completed

Listed

Product benefits

Greater speed

Listed companies will find it easier to complete and deliver the FRe, and also the possibility of automation when posting unstructured data.

Market development

The improvement will enable users to systematically comply with the improvements that CVM intends to implement in the Brazilian capital markets throughout 2022.

Seeking the Best Experience for Listed Companies

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Empresas.Net is a system provided by CVM and B3 for publicly-held companies and financial institutions responsible for BDR programs to comply with CVM instructions and B3 rules regarding the information regime provided for by these issuers.

With the possibility of completing and delivering the FRe on the online platform, companies will now have a better posting experience. Furthermore, clients who consume content generated by companies will also benefit from a smoother and more dynamic query when accessing the B3 portal.

Additionally, the availability of APIs for the delivery of unstructured idata, which is provided for in the information regime of listed companies, will enable automation thus facilitating the companies’ daily routine.

The Reference Form (FRe) is a structured document provided for in the information regime of publicly-held companies established by CVM and which gathers a wealth of information about private securities issuers, such as activities, risk factors, management, capital structure, financial data, comments from the administrators on those data, issued securities and stakeholder transactions.