Money Trails Brazil

Stay up-to-date with anti-financial crime-related content with a regional focus in Brazil. If you would like to contribute to this column or have any topics you would like to suggest, please email editor@acams.org.

Pedro Simoes Our regular contributor, Pedro Simões, is a partner at Veirano Advogados and integrates White-Collar, AML, Gaming and Bets practice areas. With over 10 years of outstanding corporate criminal law and compliance work, he brings a wealth of experience in economic criminal law and money laundering prevention.

AFC Policy, Compliance, Money Trails Brazil, World Digest

AML enforcement: A shift in Brazil’s luxury

August 21, 2025 /Leave a comment

One year ago, in June 2024, a decision issued by the Brazilian Council of Financial Activity (COAF), the country’s financial intelligence unit (FIU), indicated that the authority was engaging in a new approach toward the luxury market when the FIU imposed an unprecedented fine of...

AFC Challenges, Compliance, Fraud, Money Trails Brazil, World Digest

A growing concern in Brazil’s digital gambling market

July 3, 2025July 11, 2025 /Leave a comment

What began as a popular form of online entertainment has now become the subject of in-depth investigations led by tax authorities and financial regulatory agencies. The explosive growth of sports betting platforms—driven by a still-developing regulatory framework and the widespread use of mobile devices—has begun...