On June 6th, 2024, the China Securities Regulatory Commission (CSRC) and the Comissão de Valores Mobiliários (CVM) of Brazil signed the amended Memorandum of Understanding (MOU) Regarding Securities and Futures Regulatory Co-operation in Beijing, marking a new stage of the cooperation between securities regulatory authorities of the two countries.

Over the years, the CSRC has been actively collaborating with the CVM to create a sound regulatory environment for bilateral capital market cooperation. Considering the development of capital markets and the demand of cross-border regulation and supervision, both authorities amended the Memorandum of Understanding regarding securities regulatory co-operation signed between the CSRC and CVM in 1997, which has great significance to further enhancing the regulatory cooperation for capital markets of both countries. So far, the CSRC has signed bilateral memorandums of understanding regarding regulatory cooperation with securities and futures regulatory authorities from 67 countries or regions to establish cross-border regulatory and enforcement cooperative mechanisms.