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Susep suspends Capemisa’s sales of philanthropic capitalisation plans
Brazil’s Susep Director Board ordered a temporary suspension of Capemisa Capitalização’s sales of capitalisation plans in the “prize philanthropy” category. The decision followed a supervisory process into possible irregularities involving prize payments, third-party payments and advertising. Capemisa said it had not yet received formal notice and stated that it complies with sector rules.
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