FGC
Central Bank liquidates Will Bank in Master scandal
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Brazil's Central Bank decreed the liquidation of Will Bank, the digital arm of the Master group, on Wednesday (21) after it failed to meet commitments with the Mastercard network. The move raises costs for the Credit Guarantor Fund (FGC) to around R$ 50 billion, the fund's largest ever. Customers report difficulties accessing funds and paying bills, as STF investigations into bank frauds face ongoing pressure.
Brazil's Monetary Council (CMN) approved new rules for the Credit Guarantor Fund (FGC), requiring banks with excessive FGC-backed fundraising to invest part of the funds in federal public bonds. The measures aim to mitigate moral hazard and strengthen liquidity, effective from June 1, 2026. Liquidity requirements were also expanded to mid-sized banks.
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プロStreet FighterプレーヤーのLudovic Mbock氏は、公聴会後に低額保釈を認められ、メリーランド州の自宅への帰宅が可能となった。この決定は、米国移民税関執行局(ICE)による拘束から1か月未満でのものだ。次回の公聴会は5月に予定されている。