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Brazil CMN blocks FIDC exposure to lawsuits and court orders, R$64bn at risk
InfoMoney·BR·3 days ago
Brazil's MPTCU has requested an audit of government procedures for recognizing and paying precatórios, specifically those tied to sugar and alcohol sector credits involving Banco Master. This follows the CNJ's cancellation of 16 precatórios, signaling potential irregularities in the judicial debt system. The audit could expose systemic weaknesses in fiscal controls and affect market confidence in Brazilian institutions.