TCU determines that the Treasury and public banks communicate within 5 days after any initiative on the topic
The technical area of the Federal Audit Court recommended that federal bodies and public banks report any act related to a possible federalization of Banco de Brasília. The guideline is for advances in studies and negotiations to be reported to the Court of Auditors within 5 days after each movement. To be valid, the measure still needs to be approved by Minister Bruno Dantas, rapporteur of the case at the Court.
The guideline is contained in a technical instruction completed on April 16, 2026, which proposes that institutions “we report […] regarding the practice of any act, preparatory or not”. The positioning was prepared after discussions with Banco do Brasil, Caixa Econômica Federal, the National Bank for Economic and Social Development, the Ministry of Finance and the National Treasury Secretariat.
The responses from these institutions indicate the absence of ongoing initiatives to federalize the BRB. According to the document, there was “lack of any studies, negotiations, deliberations or preparatory acts” by Banco do Brasil.
The Treasury also stated “lack of studies or treatments”a position reiterated by the Ministry of Finance.
Caixa stated that there was only a preliminary analysis regarding the possible transfer of the bank’s credit portfolio. The process “there was no continuity” and was closed without progress, after BRB failed to send sufficient information.
BNDES declared “lack of claims, consultations or demands” related to the hypothesis of federalization or financial support for the bank.
Despite this, the TCU technical area stated that the topic requires monitoring. The instruction says that the hypothesis involves “possible institutional rearrangements” and recommends monitoring to prevent risks to the management of public resources.
The document also states that the Court’s actions must consider not only already consolidated facts, but also the “prevention of risks to the adequate management of public resources”.
Therefore, the proposal establishes immediate communication of any evolution, including initiatives at an early stage. The objective is to allow the Court to act preventively in operations with potential fiscal impact.
BRB precedent
The process originated in representation of , motivated by news about and
The instruction also addresses access to information. Part of the data sent by BNDES was kept confidential as it involved “internal governance decisions” and risk assessment. Caixa documents remain restricted as they contain information protected by bank secrecy and personal data.
BRB purchased unbacked credit portfolios from , a bank liquidated by the Central Bank, whose owner, Daniel Vorcaro, has been in Brasília since March 2026.
