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Brief
On "14/07/2025", the "Superintendence of Private Insurance (Superintendência de Seguros Privados – SUSEP)" issued an update regarding "New version of the Accounting Practice Manual brings guidance for operations with insurance letters". The update includes a new item 3.5, which addresses the accounting for main securitization operations, specifically those involving Letters of Risk Insurance (LRS). This change aims to provide clarity on accounting requirements for such operations.
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