AGU Orders Direct Reporting of Federal Precatório Sales

Overview

• Portaria 225, published Wednesday, requires creditors who sell or transfer precatórios owed by the União, its autarchies or foundations to notify the Advocacia‑Geral da União directly regardless of prior court notice.
• The rule demands that past assignments and successive sales of unpaid precatórios be reported to the AGU and states that a transfer will have no effect if it is not communicated.
• The AGU set a 180‑day window to build a standardized electronic protocol for receiving reports and sharing the data with federal agencies, and it will publish details of required information for each petition.
• The change responds to documented problems including the 'caso Master' and a TRF3 survey that found thousands of cessões and irregular practices such as successive transfers, sales to lawyers, and transfers before credit quantification.
• Precatórios are court-ordered federal payment claims that have surged in recent years and attracted banks and funds; the AGU said emissions rose from about 113,000 totaling R$28.8 billion in 2021 to 157,600 totaling R$60 billion in 2022, which the agency says increased market trading and fiscal opacity.