Basel Agreements and development banks in Brazil: An Assessment of BNDES and BNB

• Published in: Revista de administração pública (Rio de Janeiro) Vol. 45; no. 2; p. 349
• Main Authors: Sobreira, Rogério, Norberto Montani Martins
• Format: Journal Article
• Language: English; Portuguese
• Published: Rio de Janeiro Fundação Getulio Vargas, Revista de Administração Pública 01.03.2011
• Subjects: Agreements; Compliance; Development banks; International banking; Regulation of financial institutions; Studies; Brazil

In Brazil, development banks were subject to the regulatory requirements of Basel Accords and treated similarly to other institutions belonging to the Brazilian financial system. However, given the idiosyncratic nature of development banks it is often argued that the implementation of agreements of...