Overview
- Technical teams began reviewing confidential records at the Central Bank with access to internal files from 2019–2025 to map supervision and resolution steps.
- The review will check records of a Nov. 17 meeting and late market proposals such as Fictor Holding’s offer after a November liquidation that followed a PF probe and the owner’s arrest over alleged R$12.2 billion fraud.
- Relator Jhonatan de Jesus said he may bar asset disposals or pause the liquidation to avoid irreversible acts, while indicating no ruling before initial findings.
- The TCU deemed the Central Bank’s prior note insufficient for lacking underlying documents and will test motivation, proportionality, governance, and consideration of less harmful alternatives.
- Financial associations reiterated confidence in the Central Bank’s technical decisions as related STF and PF proceedings continue and reports indicate the relator lacks majority support to overturn the liquidation.