Brazilian audit court clears central bank conduct in Banco Master wind down

The Federal audit court (TCU) (SY:TCU) has completed its technical review of the Central Bank of Brazil (SY:BCB) and its handling of the Banco Master (SY:MASTER) liquidation, finding no reservations or recommendations regarding the regulator's conduct. This finding, concluded on February 11, 2026, clears the regulator in a high-profile liquidation that has prompted unusual audit-court involvement and significant judicial measures in Brazil BR. The completion of this review marks an official clearance of the central bank's actions during the wind-down process.