Deadlines have passed: FIDC by 29 Nov 2024; other funds by 30 Jun 2025 (general part, art. 134, as amended by CVM Resolution 200); FIAGRO to Normative Annex VI by 30 Sep 2025 (CVM Resolution 214, art. 7)
Specific Event
What it is
Resolução CVM 175 (CVM Resolution 175) replaced multiple earlier instructions (CVM Instructions 555, 356, 472, 578 and others), creating a unified framework for investment funds. It introduced the concept of classes and subclasses, along with new rules on governance, transparency and service-provider responsibilities. Pre-existing funds had to adapt their bylaws, chart of accounts and workflows. The adaptation deadlines for existing funds have ended; new funds are set up directly under CVM Resolution 175.
Who must comply
The entire fund chain: administrators, managers, custodians, distributors, auditors and service providers.
Penalties for non-compliance
Breach of the adaptation duty of article 134 of the general part, subject to sanctioning proceedings under article 11 of Law 6,385/1976.
Official source
Resolução CVM 175How Arkar automates it
A platform natively designed under CVM 175: classes, subclasses, series, governance and responsibilities already modeled. Assisted migration for legacy funds.
View in Arkar OneStart with your most complex fund
If Arkar handles that one, it handles the rest of your book. We'll walk the platform through a structure like yours.
Guided walkthrough · 30 minutes · No commitment