Brazil c-bank may transfer liquidation admin

BRAZIL - The central bank of Brazil is involved in a debate on transferring the administration of financial institutions in liquidation from the Central Bank to the Credit Guarantee Fund (FGC).

It is proposed that it should be part of the complimentary legislation bill that the government plans to send to Congress, if it manages authorisation to divide into various blocks the regulation of article 192 of the Constitution dealing with operation of the national financial system.

According to

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