The Central Bank of Brazil is facing an unprecedented judicial review due to its decision to liquidate Banco Meister Brasil S.A. This rare case of judicial intervention is likely to weaken the legal certainty of Brazil's central bank's regulatory decisions. Brazil's Federal Supreme Court and the Federal Court of Audit are both requesting the central bank to provide detailed explanations on the move and to submit relevant information within the deadline.

The Central Bank of Brazil is facing an unprecedented judicial review due to its decision to liquidate Banco Meister Brasil S.A. This rare case of judicial intervention is likely to weaken the legal certainty of Brazil's central bank's regulatory decisions. Brazil's Federal Supreme Court and the Federal Court of Audit are both requesting the central bank to provide detailed explanations on the move and to submit relevant information within the deadline.