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Bolsonaro to Link Financial Activities Control Council With the Central Bank

RIO DE JANEIRO, BRAZIL - President Jair Bolsonaro advocated linking the Financial Activities Control Council (COAF) to the Central Bank, to prevent the body from suffering political pressure. The statement was made on August 9th, in the morning when the president was leaving the Palácio do Alvorada.

The administrative reform of President Bolsonaro's government foresaw the transfer of the COAF to the Ministry of Justice and Public Security. The measure, however, was rejected by . . .

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