BASA Técnico Bancário Practice Questions - Banco Da Amazônia - Técnico Bancário Exam

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Under Supplementary Law No. 179/2021 (Lei Complementar nº 179/2021), what fundamental change was established regarding the institutional nature and governance of the Central Bank of Brazil (Banco Central do Brasil)?

It was transformed into a mixed-capital company subordinate to the Ministry of Development, Industry and Foreign Trade. It was granted formal operational and administrative autonomy as a special autarchy, with fixed 4-year non-coincident mandates for its Governor and Directors, and no ministerial subordination. Its supervisory mandate over financial institutions was transferred entirely to the Securities and Exchange Commission (CVM). The Governor of BACEN was elevated to Minister of State with cabinet voting rights and direct political dismissal powers by the National Congress.

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It was granted formal operational and administrative autonomy as a special autarchy, with fixed 4-year non-coincident mandates for its Governor and Directors, and no ministerial subordination.

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