Legal and regulatory challenges regarding the governance of the central banks in Brazil and Chile: attributions related to monetary policy, macroprudential and financial stability
Year: 2024
Type: article
Abstract: Changes in the financial regulation system are the object of reflection in this work, especially those made in Chile and Brazil. Debates around financial supervision and regulation are spreading across the world and also involve the role that Central Banks should have in terms of financial stability or at least the regulation of the banking system, thus questioning the accumulation (or not) of functions and the interface that these functions have with the role of stabilizing inflation and conducting monetary policy that these central banks have. This work aims to evaluate the evolution of recent regulatory aspects of the Brazilian financial system and compare it with the Chilean supervisory structure, where different organizations conduct monetary policy and financial regulation.
Institution: Universidade de São Paulo
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4401637698