Brazil Regulator Clears Ex-IRB Directors in Berkshire Case

Brazil · Markets Key Facts —The ruling. Brazil's securities regulator CVM absolved former IRB Brasil Re directors Fernando Passos and Jose Carlos Cardoso on July 28, 2026. —The charges. Selective disclosure of material information, release of false information to the market, an irregular share buyback and approval of outsized bonuses, all relating to 2019 and…