Chamber Must Vote Project that Creates New Rules to Save or Liquidate Financial Institutions
3 Articles
3 Articles
The rapporteur of the draft law that changes the rules of banking resolution, Mr Marcelo Queiroz (PSDB-RJ), added on Wednesday that it expressly changes the possibilities of the Credit Guarantee Fund (CGF) operating in financial institutions with difficulties. The passage allows the resolution authority, in the case of the Central Bank (BC), to determine that the CGF carries out liquidity assistance operations or financial support before the res…
The Chamber of Deputies can vote, on Wednesday (14), the Complementary Bill (PLP) 281/2019, which creates a new regime of resolution of financial institutions in Brazil. The project is the first item of the Plenary agenda. In practice, the proposal establishes rules for authorities to try to preserve an institution in difficulty or [...] The post Chamber must vote project that creates new rules to save or liquidate financial institutions appeare…
The Plenary of the Chamber of Deputies has scheduled for this Wednesday (14), from 1:55 pm (time of Brasilia), a deliberative session in Brasilia that brings as the first item of the agenda the Complementary Bill (PLP) 281/19. The subject establishes a new banking resolution regime in Brazil, defining legal procedures to save or [...] The article Chamber new regime to save or liquidate banks in crisis was originally published in Mix Vale.
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