- Risk Committee: Verification of established control limits, validation of risk models and scenarios, discussion and definition of risk metrics, new risk limits (if necessary), and monitoring of operational errors.
- Compliance Committee: Forum for (i) compliance with current Brazilian legislation and the Company’s compliance policies and procedures, particularly the regulations of the Securities and Exchange Commission (CVM) and the self-regulation norms of Anbima (“Brazilian Regulation”); (ii) compliance with the U.S. Securities and Exchange Commission Compliance Manual and discussion and implementation of compliance policies and/or procedures related to U.S. and Cayman Islands laws, as applicable (“International Regulation”); (iii) discussion of issues related to the Company’s adherence to Brazilian Regulation and International Regulation in the regular conduct of its business.
- Participants include the CEO, Risk and Compliance Director, and Risk and Compliance Analysts.
Internal Committees
Risk and Compliance Committee
Cybersecurity Committee
- Analysis of issues related to the Company’s information security, evaluation of internal and external risks and potential operational, financial, and reputational impacts, as well as discussion and action plan of initiatives to prevent cyber-attacks and protect information security.
- Participants include the CEO, Risk and Compliance Director, and IT Analysts.
Reputational Risk Committee
- Analysis of themes, initiatives, or operations that may pose reputational risk to the Company, its directors, shareholders, and clients.
- Composed of 3 to 6 members. The committee will be convened on an ad-hoc basis with the participation of at least 3 members selected from the Company’s Directors, including the CEO and Risk and Compliance Director.
Investor Relations and Product Committee
- Monitoring of the client portfolio and discussion of new clients.
- Participants include the CEO, Investor Relations Director/Manager, Macro Investment Director, and Risk and Compliance Director.
ESG Practices Committee
- Responsible for establishing and updating the Company’s Environmental, Social, and Governance Policy (“ESG Policy”); discussions on intended assets that may conflict with the ESG Policy, monitoring of investments made, and any matters related to responsible ESG practices.
- Participants include the CEO, Risk and Compliance Director, and Risk and Compliance Analysts.
