The minister, of the (Supreme Federal Court), opened on Monday (18) the possibility of the Court punishing banks that apply the counter, his cutlery.
The message was given in a decision granted in action on the breach of the Mariana Dam (MG). The minister stated that they are valid only in Brazil if confirmed by the Supreme.
The eventual punishment of banks was considered in the Supreme Court after ministers have a round of conversations with bankers about the actions of the Donald Trump government against Moraes and consider the response below expected.
The assessment was that no bank assured that those against the minister in Brazil, although the restrictions imposed until now were restricted to transfers abroad.
After Dino’s decision, the Trump State Department of Government published a text on social networks that Moraes is “toxic to all legitimate companies and individuals seeking access to the United States and their markets” and that “no foreign court can nullify the sanctions imposed by the US or protect someone from severe consequences of breaking them.”
Dino’s decision, published on Monday (18), has immediate validity. She defines that foreign laws and executive orders against people for acts in Brazilian territory are not valid in Brazil.
“Diverse understanding depends on an express provision in norms that are part of Brazil’s internal law and/or decision of the competent Brazilian judicial authority,” adds the minister.
He also stated that the violation of the rules stipulated in his decision would constitute “offense to national sovereignty, public order and morals.”
“Thus, impositions, restrictions on rights or coercion instruments performed by legal entities constituted under Brazilian laws and have their headquarters and administration in the country, as well as those that have a branch or any professional, commercial or intermediation activity in the Brazilian market, resulting from determinations in foreign unilateral acts,” he says.
A current in the Supreme understands that Dino’s decision imposes on the banks the obligation not to apply the sanctions against Moraes stipulated by the Trump administration. If they apply, banks and their owners can respond in court.
The most rumor recent case of a company that failed to comply with the Supreme decision was the X (former Twitter). In 2024, the company suffered daily fines of R $ 5 million and even had the operation in Brazil suspended because it denying itself to exclude Moraes decision -making profiles.
Two Supreme Ministers heard by Sheet They do not rule out applying the same measures against bankers who fail to comply with Dino’s decision. The expectation, however, is that the court does not need to use more drastic actions.
Moraes was sanctioned in July with the use of magnitsky law, a device of American legislation used to impose economic sanctions against individuals involved in corruption or violations of.
Through the law, the US government determines the freezing of any good or asset that the sanctioned person has in the United States and can also ban US financial entities from doing dollar operations with them.
The measure would include the use of MasterCard and Visa credit card flags, for example. The effects on Moraes’ transactions in reais in Brazil are still under bank analysis.
So far, however, they have understood that only international transactions in dollars are blocked, and those of reais would be maintained.
Deputy Eduardo Bolsonaro (PL-SP) son of former President Jair Bolsonaro (PL) says he has passed on to US Treasury Secretary Scott Bessent, the assessment that Brazilian banks are not executing the sanctions to Moraes by the magnistky law in full.
Dino’s decision was given in an action of IBRAM (Brazilian Mining Institute) that questions the validity of a process of municipalities of Minas Gerais and Espírito Santo in the court of England.
These municipalities process BHP, Anglo-Australian company that controls Samarco alongside the Brazilian Vale, responsible for the Fundão dam that broke in 2015 and caused.
The British action action is in its final phase. BHP can be ordered to pay a fine that can reach $ 260 billion. In Brazil, the companies involved in the tragedy closed an agreement of R $ 170 billion with the Union, states, municipalities and the affected community.
Dino’s decision now marks another chapter on the escalation of the crisis between Brazil and the United States. In July, Trump announced up to 50% overflows for Brazilian products and began to revoke visas from Supreme Ministers and Lula Government members (PT).
He justified that former President Jair Bolsonaro (PL), accused of leading an attempted coup in 2022, suffers a “witch hunt.”
In recent days, Trump management has diversified the reasons exposed for sanctions against the Brazilian government. One of them was the Mais Médicos program, through which the Brazilian Ministry of Health hired Cuban doctors.