National Monetary Council of Brazil

E806335

The National Monetary Council of Brazil is the country’s highest economic policy-making body, responsible for formulating guidelines for monetary, credit, and foreign exchange policy and overseeing the financial system.

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All labels observed (2)

Statements (49)

Predicate Object
instanceOf collegiate body
government economic policy body
regulatory authority
abbreviation CMN NERFINISHED
country Brazil
jurisdiction Federative Republic of Brazil NERFINISHED
nativeName Conselho Monetário Nacional NERFINISHED
role approves general guidelines for monetary and exchange rate policy proposed by the Central Bank of Brazil
coordinates monetary policy with fiscal and credit policies
defines guidelines for housing finance policy
defines guidelines for microcredit policy
defines guidelines for rural credit policy
defines macroprudential guidelines for the financial system
establishes guidelines for public debt management in coordination with the Ministry of Finance
formulates guidelines for credit policy
formulates guidelines for foreign exchange policy
formulates guidelines for monetary policy
highest economic policy-making body in Brazil
issues resolutions that are binding on financial institutions
oversees the Brazilian financial system
regulates credit instruments and credit operations in Brazil
sets general rules for financial institutions in Brazil
sets guidelines for consumer protection in financial services
sets guidelines for exchange market regulation
sets guidelines for financial inclusion policies
sets guidelines for foreign capital flows regulation
sets guidelines for the organization and functioning of financial institutions
sets guidelines for the regulation of anti-money laundering controls in financial institutions
sets guidelines for the regulation of credit card operations
sets guidelines for the regulation of credit cooperatives
sets guidelines for the regulation of credit information systems
sets guidelines for the regulation of derivatives markets in coordination with other regulators
sets guidelines for the regulation of development banks
sets guidelines for the regulation of export and import financing
sets guidelines for the regulation of financial conglomerates
sets guidelines for the regulation of financial institution governance standards
sets guidelines for the regulation of foreign currency loans
sets guidelines for the regulation of foreign investment in the Brazilian financial system
sets guidelines for the regulation of investment funds in coordination with the securities regulator
sets guidelines for the regulation of leasing companies
sets guidelines for the regulation of payment systems
sets guidelines for the regulation of real estate financing
sets guidelines for the regulation of rural financing
sets guidelines for the regulation of savings and loan associations
sets guidelines for the regulation of securities dealers and brokers in coordination with the securities regulator
sets guidelines for the regulation of systemic risk in the financial system
sets limits and conditions for interest rates in specific regulated credit programs
sets rules for capital markets jointly with other regulators
sets rules for compulsory deposits and reserve requirements through guidelines to the Central Bank

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

BCB governedBy National Monetary Council of Brazil
BCB reportsTo National Monetary Council of Brazil
Law 4,595 of 1964 definesPowersOf National Monetary Council of Brazil
this entity surface form: National Monetary Council
Law 4,595 of 1964 relatedTo National Monetary Council of Brazil
this entity surface form: National Monetary Council
Complementary Law 179 of 2021 relatedInstitution National Monetary Council of Brazil