Overview
- By Sunday, the FGC had received about 369,000 reimbursement requests, with around 150,000 cleared for payment beginning January 19.
- Individuals must apply through the FGC mobile app and companies via the website, with reimbursements made in a single lump sum up to the guarantee limit.
- The app experienced a temporary outage as more than 140,000 users tried to access simultaneously, then resumed with occasional slowness and throughput near 9,000 requests per hour.
- Revised estimates reduced the pool of entitled investors from 1.6 million to about 800,000 and the total payout from R$41.3 billion to R$40.6 billion; the fund previously cited R$125 billion in liquidity.
- Regulatory scrutiny remains active as the TCU inspects the Central Bank’s November extrajudicial liquidation of Banco Master after a minister questioned whether it was precipitated.