BRB seeks STF suspension of provisioning rules on Banco Master assets

Banco de Brasília (BRB) asked Brazil's Supreme Federal Court in July to temporarily suspend provisioning requirements on assets acquired from Banco Master, citing Resolution CMN 4.966/2021. The request emerged from the Master investigation, with confidentiality lifted by Minister André Mendonça. This signals potential financial stress at BRB and regulatory scrutiny in Brazil's banking sector.