The international version of the newspaper Valor Econômico published an article in which our partner Mauricio Jayme e Silva discusses the inclusion of the CVM in the discussion on PEC 65/2023, which redefines the Central Bank (BC) as a special autarchy with autonomy and police power.

In the article, the newspaper highlights that the movement occurs while the CVM is depleted without the government’s appointment of a new president. The collegiate body of the autarchy has also had another seat empty since December last year. Added to this is a historical scenario of budgetary difficulties and staff shortages, aspects pointed out by experts as signs of the autarchy’s weakening.

According to Maurício, ‘what will end up happening is that the CVM will fall behind. If you have one strong regulator and the others weakened, you create an imbalance in the financial system.’

Check out the full article on the Valor International website.