BSM Supervisão de Mercados has released its 2025 Annual Report, presenting an overview of its supervisory, regulatory and institutional activities carried out throughout the year.

The report highlights advances in market supervision, risk-based monitoring, regulatory updates and initiatives aimed at strengthening market integrity and investor protection.

The 2025 Annual Report is available on BSM’s website and reinforces the organization’s commitment to transparency, accountability and the continuous development of Brazil’s capital markets.