The Exchange is a winner of the Transparency Trophy in the category of Public Companies that have net earnings of up to BRL 5 billion. This is the 8th time in a row that the Exchange has won this award, which recognizes companies in Brazil that have the most transparent financial statements.
“BM&FBOVESPA stands out in the manner in which it operates in compliance with the principles of ethics and transparency, as it is also a central agency for stimulating the development of transparency for the entire market. The Exchange has corporate governance levels that encourage the clear and transparent publication of information that is of use for consumers of financial information. It is therefore a great honor for BM&FBOVESPA to be among the companies that have received the Transparency Trophy, which recognizes companies’ efforts to provide quality information for the consumers of financial information,” said Paulo Claver, BM&FBOVESPA Financial Managing Director.
The Transparency Trophy is an initiative from the National Association of Executives in Finance, Administration and Accounting (ANEFAC), the Institute for Accounting, Actuarial and Financial Research Foundation (FIPECAFI) and Serasa Experian. In this 20th edition, 25 corporations were awarded.
