Central Banking

Brazil stands out for ‘pioneering work’ in trade reporting – FSB

bank-of-brazil-dawn-dusk
The Central Bank of Brazil is seen as a leader when it comes to analysing trade repository data

Brazil is a leader when it comes to trade reporting, with the “breadth and depth” of data allowing the central bank to perform more effective systemic risk monitoring, according to a report published by the Financial Stability Board (FSB).

The peer review, prepared by a team headed by the Banque de France’s Anne le Lorier and published today (April 19), was unusual for its high praise, even if it did still find room for improvement.

“Brazil stands out among its FSB peers for the pioneering wor