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Brazilian market faces institutional test with Master case | Valor International

Áreas Relacionadas:

Banking & Finance

Roberto Vianna do R. Barros, partner from the Banking & Finance area, speaks to Valor International about how the unfolding investigations into fraud at Banco Master and concerns raised by recent nominations to Brazil’s Securities and Exchange Commission (CVM) are leading to institutional deterioration that could begin to affect the market.

Roberto also comments on a loophole in the legislation that guarantees confidentiality for single-investor funds. “Responsibility for verifying asset backing and investor identity must be rigorous, with sanctions that discourage financial collusion,” assures him.

The full article is available here.

Authors

Roberto Vianna do R. Barros

Partner

São Paulo

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