Amec (The Association of Capital Markets Investors) was founded on October 26th, 2006, as an initiative by independent and financial institutional investors to defend the rights of minority shareholders and promote the development of the Brazilian stock market. To achieve these objectives, Amec fosters debates and discussions among its members, in compliance with strict internal governance guidelines and through the management of conflicts of interest. Issues are discussed by its Technical Committee and further submitted to its Management Board and Board of directors for approval.
Since its creation in 2006, the Association has become the main discussion forum for institutional investors with regard to corporate governance practices and investors’ rights in Brazilian companies, in line with the most recent international recommendations. At the same time, Amec’s recommendations have been increasingly recognized by investors, companies and regulatory entities, a result of the Association’s relevance and independent approach.