FSB praises Brazil’s efforts to supervise investment funds

Review points to progress in limiting leverage but says regulatory body needs more staff

National Congress of Brazil
National Congress of Brazil
Photo: Eurico Zimbres/Wikimedia Commons

Brazil’s financial authorities have taken “significant steps” to strengthen the regulation and supervision of investment funds, the Financial Stability Board (FSB) has said.

In its peer review of the country published today (November 28), the FSB notes that Brazil’s investment funds sector has grown significantly since 2017 and reached 8.8 trillion reais ($1.5 trillion) in assets under management in March of this year. The figure represents 80% of GDP, a proportion it says is comparable to those

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.