President of the Central Bank emphasizes that both banks and new entries in the market were responsible for an ‘inclusion of the financial system, facilitating the provision of services to the population’
The president of, said on Friday (5) that Faria Lima and fintechs are clearly victims of organized crime, and emphasized that both banks and new market entries were responsible for a “fantastic inclusion of the financial system, facilitating the provision of services to the population.” “This is absolutely essential to have the position it has today, privileged from a technological point of view within the financial system and so admired outside Brazil,” said the president of the municipality, in a press conference to announce new measures to reinforce the security of the National Financial System (SFN).
Galipolo stated that organized crime was expected to adapt to financial market innovations. “Over the past few weeks we have seen these attacks more intensely, but especially we see some kind of repetition of some pattern,” said Galipolo, who said it is this repetition that gives rise to the measures announced.
He then stressed that the SFN does not reserve margin for any type of tolerance in the safety and that the financial market wants the BC to increase the security of the system. “Anyone who is working, who is serious, wants this, that is why these measures here are to address problems generated by organized crime, they are against organized crime, not against any kind of institution or segment that can imagine.”
As showed the Broadcast (Real -time news system of the state group), the government has already consolidated an understanding that, given the attacks on recently promoted financial institutions, there is a “war scenario” against organized crime. Last week, there were two attacks on institutions of the National Financial System (SFN). People who follow the subject see evidence of action of organized crime in both cases.
*With information from Estadão Content
Posted by Nicolas Robert
