GSMS Fomento Mercantil Ltda., André Luis Marques de Souza and José Gonçalo de Souza

Here's a brief overview of the document: Document Overview The document is about a decision made by the Conselho de Controle de Atividades Financeiras (Coaf) regarding GSMS Fomento Mercantil Ltda., André Luis Marques de Souza, and José Gonçalo de Souza. The Coaf decided that these individuals were responsible for not communicating the absence of operations or proposals to the Coaf between 2015 and 2019. Main Points The decision resulted in a fine of R$89,000 for GSMS Fomento Mercantil Ltda., and fines of R$22,250 each for André Luis Marques de Souza and José Gonçalo de Souza. The Coaf considered factors such as the company's sector, its size, and its lack of action to correct the infraction when making their decision. Compliance Considerations The decision highlights the importance of complying with regulations regarding the communication of operations or proposals to the Coaf. Failure to do so can result in significant fines.