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Brazil banking business and policy for market relationships

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6/6/2017 12:00 AM Article

​As a new step into its plan for strengthening financial citizenship, the Brazilian Central Bank has recently enacted the National Monetary Council Resolution No 4539/16 (the 'Resolution') providing for the principles and policies that should be adopted, created and implemented by financial institutions and other entities whose operation is authorised by the Central Bank - except for payment institutions and consortium administrators - in their daily relationship with consumers. This will come into force from November 2017.


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