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The annual declaration of the Brazilian Capitals Abroad had its deadline on 5th April. But there are the quarterly statements too that are to be delivered through the year. In fact, the Central Bank of Brazil has made the non-delivery of CBEs on any of these stipulated dates. Besides, in the case of any error or any kind of incomplete or even false information, there can be a fine that can fetch a fine that can be around R $ 250,000.00. All this was disclosed by Ricardo Tosto. He is the founding partner of Milk, Tosto, and Barros, which is a law firm.

This is where Ricardo says that the declarations must be made available online. The declaration form is available on the Central Bank of Brazil’s site. This is www.bcb.gov.br. It is in the form of the Annual CBE as well as the Quarterly CBE. Ricardo at Facebook.

The annual one is mandatory for all those individuals as well as legal entities who are either resident or domiciled in Brazil. These may be holding assets of any kind. Ricardo Tosto further specifies these assets. They may be in the form of equity in any companies, or as fixed income securities. Other assets can be in the form of shares, or real estate, and so on. The total amount has to be equal to or even greater than one hundred thousand US dollars in any given year. Read Tosto’s Blog Here.

The second type of the declaration is the quarterly one. It has to be made by individuals who are resident or residing in the country. They may be holding assets in the country or abroad. Its amount has to be equal or greater than one hundred million US dollars. See Photos.

Ricardo Tosto specified the last dates for Quarterly CBEs as March 31, and June 30 along with September 30 each year. No specific CBE dates have been given for the fourth quarter.

Ricardo Tosto spoke about several other modalities to be followed as specified by the Brazilian Government. This includes any deposits that may have been made in current accounts abroad. Next can be any loans that may have been taken.

http://latinlawyer.com/people/18900/ll250/13974/ricardo-tosto-de-oliveira-carvalho/ for more.

BMG bank is a financial institution controlled and owned by the Pentagna Guimarães family with Marcio Alaor as its vice president. They have been involved in the financial industry of Brazil ever since the year 1930, which is when they established Banco de Crédito Predial S.A. Up to the mid 1990s, BMG bank mostly dealt with business concerned with consumer and wholesale financing, and was a leader in the financing of light and heavy vehicles in that period. The bank has, however, turned its focus, since the year 1998, on supplying payroll loans, thus becoming the leading bank for this kind of operation.

BMG bank signed an agreement of unification with Itaú Unibanco S.A. in July 2012, with the aim to offer, commercialise and distribute the payroll loans. This unification has brought about many advantages to BMG bank. For example, it enabled it to bring its focus on different strategic products like BMG Empresas and Payroll Credit Card.
Being aware of its profile being on a conservative side, BMG bank is constantly seeking to increase its profitability through the quality of portfolio of its customers and the responsible credit. In addition to that, the bank is developing new businesses strategies that best meet the needs of the customers.

The bank, as the vice president Marcio Alaor claims, focuses greatly on the development of the loan portfolio and in that way ensures greater profitability levels and the better productivity of its business.

BMG bank has a quite effective corporate structure and its management is highly cautious of the cost control. Having this in mind, the bank takes advantage of software systems and scalable network and in this way enables optimization of the interaction process. All this attributes enhance operational gains and the business development.

The bank has the aim to construct the teams of high performance, whose talents individually are only to make sense in case the are able to form a winning team. They should be able to enjoy working for the BMG bank, provide the service for the customer and overcome the issues in the most effective and competent way possible.
BMG is a leading bank in the Brazilian market, as it has over 80 years of a great financial performance, working both with individual customers and many financial institutions, together with the companies in both the private and public sectors . It offers loans through payroll credit card, finances both large and medium companies, and also used vehicles and offers home equity loans. BMG bank is noted for its conservative and strict credit policy, which is constantly under revision to ensure it is in line with the market conditions. The history of work of the BMG bank shows flexibility and highly adaptive capacities to adjust to market conditions that are constantly changing.

Ricardo Guimaraes reported on the rising popularity of LinkedIn as a comprehensive job market resource. The prolific BMG bank president has had first-hand experience promoting his infallible skills on LinkedIn. In his latest analysis of the social network, he did share some fascinating news about the resource. The uses of LinkedIn extends beyond discoverable job opportunities. It’s the best conventional job search tool connecting like-minded professionals and employers today. With it, it’s nearly effortless to form new relationships with professionals of the same expertise.

Exame, an online media conglomerate remarked on Ricardo Guimaraes recent report that highlighted the top 25 skills employers look for in job seekers. He couldn’t have produced this analysis without gathering social network statistics, that of LinkedIn included. Among participating countries are France, Brazil, the U.S., etc. It highlighted the most used keywords by recruiters in 2015. Job skills such as data mining and human resource received significant attention as both are highly desirable, especially in the Brazilian market.

With the weight of economic instability among other considerations, Ricardo Guimaraes reported a substantial 14% drop in demands for professionals the past year. However, this development hasn’t impacted the reputation of LinkedIn negatively. As a prolific investment banking executive, Ricardo Guimaraes stressed the importance of becoming well-versed on the best professional skills in today’s competitive job market. In addition, he’s encouraged professionals to update their skills to become more marketable and equipped for the fickle labor market.

Forbes recently released its ideal of the best American MBA courses. Ricardo Guimaraes didn’t miss the opportunity to emphasize on the value of earning a quality education. The Forbes press release did prepare the ranking with serious consideration of the nation’s most elite universities offering such opportunities. The well-rounded BMG bank executive has been a productive crusader supporting sports club players across Europe. Ricardo Guimaraes fascination with football has resulted in BMG bank becoming a major sponsor of different sports teams. He’s extended the courtesy to other sports besides football. Recently, he shared a fascinating piece about Denmark sports culture.

The nation which houses 1,600 different football club teams, a fraction of its 11,000 sports organizations isn’t quite the fanatic as Brazil. Ricardo Guimaraes value the wealth of sports and the experience Denmark offers essentially defines the culture. Interestingly, he’s fond of the idea that the country has a fitting landscape for hosting the Olympics. Sadly, the Danes’ disapproval in the idea was on the grounds of the lack of infrastructure and other factoring considerations. Brazilian sports culture, football, in particular, isn’t merely a routine educational course for natives as that of the Danish nation. For Brazilians, it’s a skill nurtured to perfection as the youths and professionals continue to fuel this passion. Ricardo Guimaraes learned about Danish Handball and it’s rich history as a sports activity for the Danes.

You can like Ricardo Guimarães on Facebook.

Marcio Alaor is widely known as the CEO of Brazil’s bank company called BMG. He recently reported about the remarkable performance of one of the most widely known watchmaking companies that is Tag Heuer in the Brazilian market. This Swiss watchmaking company has been around for 150 years, and has been dominating the market for quite some time. The Brazilian market also couldn’t resist the style and luxury that Tag Heuer has to offer. Today, we will look at the importance of the BMG and the man who has changed their image.
The Importance of Brazilian Market
Jean-Claude Biver, the current CEO of Tag Heuer, says that they will put more effort in establishing the brand in the Brazilian market, noting that this country is one of the most, if not the most important markets in the continent of South America. They are willing to get more vigorous and adamant in promoting the brand through the latest trends in sports watches. With the addition of Tom Brady, a famous football star, as the company’s brand ambassador, there is a positive outlook in the position of Tag Heuer in the Brazilian Market.
The Tag Heuer Brand
Tag Heuer is famous for its sleek design that shows a sporty style. The brand is advertised by famous names in the sports industry such as Ayrton Senna, Cristiano Ronaldo, and the latest Tom Brady. The intricacies in the production of the watches are what makes Tag Heuer one of the most sought after watches in the whole world. The reputable name of the brand, partnered with famous stars in the sports industry wearing their signature watches makes Tag Heuer a strong contender in the Brazilian watch market.
Mario Alaor
Mario Alaor is keen in witnessing the efforts of Tag Heuer in promoting their brand in Brazil. BMG plays an important role in the Brazilian sports industry, being the major sponsor of the country’s football sports. The bank group is also active in providing personal as well as payroll loans throughout the country.
Mario Alaor personally is the chief executive of the company BMG. He is famous for being one of the top businessmen in the country. He has contributed various accomplishments and feats that allowed the bank group BMG to be placed on where it is today.
Although Mario Alaor has made an impact on BMG the future of the company has a lot in store for itself. Tag Heuer has a bright future on the horizon and with the right guidance can accelerate its growth and be prosperous in the future.

The BMG Marcio Alaor is one of the members of the BMG bank executive team and controller of all the affairs and proceedings of the bank. He is one of the major sponsors of the football activities in the entire country of Brazil as well as the print in BMG and also the 39 uniform clubs. Marcio appears on almost all the t-shirts that people use in playing football in the entire country. He is also taking part in the in the three teams in basketball in the females and also the flamingo. The gymnast as well as the jade borda including the vitor fighter.

Just to jog up your minds little bit is that BMG late last year has decided in diversifying its kind of products and in the first thing was to diversify the wearing of the t-shirts that footballers as well as the basket ballers and the volley ballers are wearing nowadays in their various fields as well a the sponsoring of the Atletico MG in the from 2010 in January. It was a part strategy in the back years before the decision about diversification as well as consolidation. The penetration that they have been able to achieve has been a great result from the payroll decision that they enacted and decided to partner with other people and they are now succeeding. However as they decided on this few things the only thing that was a big challenge was the basis for them to start growing steadily once again. Now coming to the issue about credit cards they will say that BMG knows all of it. They may have thought about changing their colours but BMG does not accept in that easily.

The BMG bank manager, Marcio Alaor said in a press conference that the very first thing that they wanted to do was to go public as well as the stock exchange and the IPO of its very experience that spans more than one hundred years now that is about 53 million dollars of the current value in the market. The 1956 FORD took over the initiative that makes it offer an IPO and this one of the greatest things that ever happened to the bank in those early years of its existence. Marcio recalls that experience to have spanned for about 600 million in equivalence.

The CES that is currently known as the consumer electronics show that is an annual event that always calls in for Las Vegas in every beginning month of every year has now revealed the future as well as the present technology that will span over forty years to come. If the CES 2016 failed to change the world then this type of technology will change the world as well.

BMG Bank has presided over economic solutions in Brazil for decades, and Ricardo Guimarães most recent heir to the throne. He is a man of sound business sense, and he has helped the bank nanigate many economic situations in the country. Ricardo is currently responsible for the a merger with Bank Itau, and he is changing the way BMG Bank offers services to its customers. This article explains information found at R7 about how Ricardo Guimarães leads with wisdom.

#1: Merging With Bank Itau

Ricardo has chosen to merge with Bank Itau in an effort to offer stronger services to its customers. Two banks together have a much better position in the Brazilian market, and the two banks will offer the same services to all customers. The two companies plan to bring their executive teams together, and Ricardo will offer some control over the partnership to Bank Itay. The partnership will help fight CitiBank and other large banks that have moved into the country.

#2: Ricardo Believes In Personal Credit

Ricardo wants to offer as many small loans as possible to a large sector of the Brazilian population. Small loans will help both banks make quite a lot of money, but more people will be served by small loans. The majority of these loans will be payroll loans that help small businesses meet their payroll, and the other loans will be used by individuals who need extra cash.

#3: BMG Bank Has A Public Presence

BMG Bank has a public presence in Brazil that is difficult to miss. The company has spent quite a lot of money on advertising, and they have branched out to help people who live across South America. The bank itself wants to have greater influence in the region, and their marketing combined with the new partnership at Bank Itau helps everyone to achieve their goals.

#4: Supporting Industry

BMG Bank has a strong record of supporting industries in Brazil that offer jobs to the citizens. Jobs that people get because of funding from BMG Bank are found everywhere in the country, and BMG wants to continue to offer as much consigned credit as possible without allowing consigned credit to take up their entire balance sheet. Ricardo has balanced his desire to change for the future with his company’s history of helping industry in Brazil.

Everyone in Brazil knows the name of BMG Bank, and the bank has chosen to prepare for the future by entering into a partnership with Bank Itau. The two banks want to offer as much person credit as they can, and the two banks together will help each other win a battle of attrition that started with CitiCorp and other banks moved in.

Most bank presidents in Brazil sit behind a large desk and attend monthly board meetings to go over assets and future profits. Ricardo Guimarães, the President of BMG Bank, is not like other bank presidents. He spends most of his time planning advertising and marketing campaigns for the bank on the soccer field. Guimarães has become an important figure in Brazil’s soccer world. His family’s bank is connected to the soccer world through sponsorships. Sponsoring Series A football clubs has changed the face of BMG Bank. The bank is known for its orange three letter logo, and that logo has a large presence on football fields across the country.

A Maquinadoesporte.uol.com.br article described Guimarães as a football fan that happens to be a bank president. That description fits Mr. Guimarães. He became a bank president in 1998 thanks to years of study, hard work and a family that has been in the banking business for decades. Grandfather Antonio Guimarães was the first Guimarães to become a bank president and owner. After making a fortune in mining, Antonio opened the Land Credit Bank of Minas Gerais so miners would have a place to put their money.

Grandad Antonio also started lending mining companies money for heavy vehicles, and that business got the bank off to a good start. According to CrunchBase.com, the bank used a lean structure to grow their business. By the time son, Flavio took over the Land Credit Bank was the most profitable bank in the state.

When Ricardo Guimarães became president in 1998, the Land Credit Bank had become the BMG Bank after acquiring two other banks. Ricardo had a plan to expand the bank’s business, and he put the plan in motion in 2008 when President de Silva changed the banking regulations. BMG started offering payroll loans to football fans during soccer matches. Ricardo developed a masterful advertising plan and eventually the bank started to sponsor football clubs.

That move was genius, according to an article posted by Esportes.terra.com.br. BMG Bank and soccer became a sports marriage of sorts. Fans associated BMG with soccer thanks to the three orange letters players wore on game days. BMG Bank’s business exploded, and Guimarães hired more than 700 agents around the country to handle payroll loan applications.

BMG Bank sponsors, at least, eight Series A clubs and has agreements with players from other clubs, so they were the BMG logo on game days. According to the Esportes.terra.com.br article, BMG has invested millions of reais in sports sponsorships, and the bank has plans to expand their advertising and sponsorship campaign in 2016. Guimarães has become an important figure in the soccer world. He is an executive for the soccer association and former president of the Atlético Mineiro football club.

When assessing the financial market in Brazil, several banks come up. One of the leading banks is Banco BMG bank. The bank has been in business since the 1930s until today. Ricardo Guimaraes leads the bank.


Ricardo Guimaraes started steering the bank in the late 1990s. The bank is a family business which was started by Ricardo’s grandfather. Since its establishment, the bank has undergone many changes that have all positively influenced the economy of Brazil. The bank majorly deals with payroll loans assignment. The bank in its process of becoming the best has been involved in different investments including purchasing two other banks in Brazil.


Ricardo is one of the entrepreneurs who is used as an example when talking about good business. Since he started leading, the bank has never gone under or run out resources. Ricardo always knows when and how to make good investments. Other than wisdom in the art of investment, Ricardo can choose the best team to work with and back him up.


Banco BMG clients have expressed their satisfaction by the bank’s returns. This kind of positive feedback continues to market the bank to other new customers. The more the clients, the more the returns hence more contribution to the economy at large.


Ricardo has been able to extend his investment in the branding world. One of his major branding investment is the sports market.It is a sector that has not been tapped by many investors.It makes investment highly profitable. One of Ricardo’s favorite sport is football. Ricardo funds many South American football teams. In many of the players uniforms, there is always a BMG bank logo whether on the back or the sleeve. The investment has proved to be profitable to both the players and the bank.


As an action of appreciation, the sports department has awarded Ricardo with several awards.


Ricardo Guimaraes once in a while is involved in activities that help improve small communities including his hometown Bero Horizonte.


Having been born in a prominent wealthy family, Ricardo had a lot of advantage. Ricardo took this advantage and turned it into a lucrative business which over the years has been growing.


BMG Banco bank is located in one of the biggest economies and faces a competitive market. Despite this, the group with Ricardo offering his best ideas can conquer the competition. Ricardo has tried creating a friendship with the competition. The BMG Bank has formed an alliance with the Itau bank and produced a R$ 1 billion bank. Over and over Ricardo has shown his competence in the investment and financial world. He is a blessing to us all.

Education makes a man sociable and trainable. Marcio Alaor developed a desire to get a good education and do something good for him in life. Born in the poor neighborhoods of Santo Antonio do Monte in Brazil, Marcio became a shoe shiner to earn a penny. In his line of work, he met one Dr. Wilmar father, who was impressed by his Zealous attitude.


Marcio benefited from the mentorship of his new found friend. Today, Marcio hard work landed him a senior executive position at one of the fastest growing banks in Brazil, Banco BMG. He has become a respected and admired man in society for his accomplishments. The Brazilian financial sector looks up to experts like Marcio Alaor, especially during these volatile economic times.


Marcio defines the real meaning of a social entrepreneur. Not only does his expertise contribute to the development of the financial sector, but he also remains active in the social sector as well. He is a major contributor in forming public opinion. The development agenda never strays away from his thoughts. Despite a busy schedule, Marcio has the time to catch up with the people of his hometown. He acknowledges the need to promote the growth in rural areas and social welfare.


The local people of Santo Antonio do Monte hold Marcio dear to their hearts. He has become a symbol of humility, hard work, dedication, and self-actualization. His traits exemplify the virtues the society holds dear and rewards. A man of Marcio’s clout deserves praise and recognition. At the 33rd Agricultural exhibition in the town, a Food Court named after him was launched.


The honor was meant to compound the pride and appreciation the people felt for Marcio Alaor’s support over the years. Marcio expressed his gratitude and reiterated his duty to remain associated with the people of his homeland. He, in turn, urged the youth to chase their dreams and utilize their talents for the greater good. Regarding economic growth in the area, Marcio Alaor attested to the fact that San Antonio do Monte possesses high potential.


At Banco BMG, Marcio Alaor continues to provide strategic administration. Currently, a sports marketing program in Brazilian football is making a difference in BMG’s revenues and the game as well. Statistics on wikipedia show that BMG sponsors up to 39 teams across major leagues in Brazil. The sponsorships provide financial support for the team who then print their match gear with a logo and orange color of BMG.

Follow him on Twitter.

Article found on Exame.com

If you are facing a legal issue pertaining to your business, you must act fast and get a lawyer. Selecting the best business attorney for your need is a matter of understanding your own situations, then finding a legal representative whose expertise aligns with the particular issues you are dealing with. If you are dealing with a business issue and need legal advice or guidance, it’s imperative that you hire the right lawyer. Locating lawyers who practice business law should not be a difficult endeavor.

The specific conditions or circumstances of your case make it necessary to hire a lawyer who is well versed in dealing with the case. It is vital not only to look for a certified lawyer, but one that has actually dealt with comparable suits to yours in the past. And there are many lawyers in Brazil that have the qualification and resources to help you.

In seeking advice from these law professionals, you must find out if they have any experience with your type of situation. A skilled attorney will be familiar with such arguments and their success or lack thereof. It is vital that you not only locate a lawyer, but a specific kind of attorney.

It is usually difficult to estimate the total costs of litigation prior to starting the case. Nonetheless, if you have actually been sued and are seeking representation, the difference between a good, skilled litigation lawyer and someone who can not equally serve your needs can total up to a substantial sum of money. While cost needs to be considered in picking your litigation attorney since everyone has a budget, it must not be the sole factor in determining whom you ultimately pick to handle your legal matter.

Probably the best way to find a great litigation legal representative is through a favorable recommendation from an individual who was in similar conditions. If you could find someone who was once facing the same issue you are currently encountering and they know of a litigation legal representative who steered him or her to a positive result, that is typically your best sign of what litigation legal representative is the best choice for you.

Ricardo Tosto de Oliveira Carvalho handles a diverse assortment of business enterprise and commercial disputes. He is renowned when it comes to his competent judicial proceeding approaches, defending the most important global brands and multinational firms in serious disputes.

Ricardo Tosto has vast experience in providing powerful litigation in high profile disputes or lawsuits in Brazil. He is an exceptional attorney who fully understands his clients’ personal and business and legal dilemmas. He is very passionate about their matter and absolutely works extremely hard when it comes to his clients representation.