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LatinNews Daily - 20 August 2019

BRAZIL: Bolsonaro decrees transfer of financial watchdog to central bank

On 20 August, Brazil’s central bank (BCB) issued a statement confirming that a presidential decree would transfer the responsibilities of the council of control of financial activities (Coaf) to the BCB, where it will henceforth be known as the unit of financial intelligence (UIF).

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