O Valor International publicou reportagem sobre as recentes operações da Polícia Federal envolvendo o sistema financeiro e de mercado de capitais brasileiro que contou com a participação de Francisco da Costa e Silva e Mauricio Jayme e Silva.
Confira abaixo trecho da matéria com as opiniões de nossos sócios:
Former CVM chairman Francisco Costa e Silva warned against using the current situation to undermine the regulator. “The CVM is there to help provide solutions,” he said. “The system does fail, but crises expose gaps and lead to improvements in supervision and regulation. There will always be people trying to exploit new loopholes — it’s an ongoing cat-and-mouse game.”
Maurício Jayme Silva, a partner at Bocater Advogados, said the case highlights more shortcomings in the Central Bank’s supervision of payment institutions than in CVM’s role. “The Central Bank not only sets prudential, financial, governance, and operational standards for payment institutions, it also authorizes their operation,” he said. According to him, the greatest concern now is that fintechs will be unfairly vilified and subjected to excessive regulation. “Those working with payment institutions are fully in favor of regulation, but it should be proportional to the risks they pose to the financial system. That doesn’t mean rules can’t be improved, but demonizing fintechs and payment institutions is not the answer,” he said.