Brazil’s Pension Regulator Updates List of Systemically Important Entities

Brazil’s Pension Regulator Updates List of Systemically Important Entities

An updated list of the Brazilian private pension entities classified as systemically important entities (ESIs) based on their size, relevance or complexity has been released (Portuguese) by the pension regulator PREVIC in a new instruction. ESIs must meet different requirements regarding prudential supervision and regulatory proportionality. The list of ESIs has not changed in relation to the current framework, which will remain valid for the rest of the 2019 financial year.

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