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Banking

April 13 2018
José Inácio Ferraz De Alemeida Prado Filho CADE and Central Bank sign memorandum for further cooperation

Brazil - BMA Barbosa Müssnich Aragão

The Administrative Council for Economic Defence (CADE) and the Central Bank recently entered into a memorandum of understanding. This initiative strengthens the relationship between the two authorities and promotes greater cooperation among them for the analysis of merger cases and anti-competitive practices by financial institutions. It also represents an important step forward, signalling the end to the longstanding dispute between CADE and the Central Bank over jurisdictional conflicts.

Authors: José Inácio Ferraz De Alemeida Prado Filho, Vivian Terng
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