Brazil Regulator’s Shrinking Staff Strains Oversight After Banco Master Failure

311562Z:MM,2334402D:BZ,1758196D:US,1882049D:RU,2589885D:LN

emerging-markets,brics,government,regulation

Martha Beck

Matheus Piovesana

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Brazil's central bank has seen its workforce shrink by 42% over the past decade, while the amount of regulated financial institutions has swelled by 50%. Now, the crunch is expected to worsen.

Fintechs Push Brazil's Financial Institutions Growth | Lighter capital needs and rules lured new agents to models other than banks

Mounting budget and staffing constraints at Brazil’s central bank risk weakening the regulator’s ability to oversee an expanded financial system fresh off the collapse of Banco Master SA.

Brazil Central Bank Staff Shrinks as Financial Institutions Rise

Brazil Regulator’s Shrinking Staff Strains Oversight After Banco Master Failure

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