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Brazil CMN rules threaten legal claims FIDC industry
Brazil JournalLO·BR·3 days ago
Brazilian credit rights investment funds (FIDCs) reached R$1.015 trillion in net worth in July, but risk indicators worsened sharply: provisions for reduced recovery value rose 40.8% to R$64.9 billion and 90+ day delinquencies grew ~62%. The sector faces regulatory uncertainty as new rules worry participants, though details are behind a paywall.