The New Frontiers of Supervision

This book describes the evolution of the supervisory model of financial institutions of the Banco Central do Brasil (BCB), from the 1990's structure focused on auditing the balance sheet of banks to the development of a macro and micro prudential supervision model with intensive use of microdata and technology solutions.

The authors have carried out long research that involved not only the reading of several reports and publications, but almost 70 interviews. BCB governors, supervisory deputy-governors, representatives of the financial market, and colleagues who occupied different positions in all departments of supervision throughout this period have kindly shared their memories and experiences with them.

The testimonies of the interviewees along the whole text allow the reader to share the joys, anxieties, uncertainties and hopes experienced by them in each challenge faced and goal achieved. The narrative provides an easy, exciting and accessible reading experience for all, which invites the reader to extrapolate the metaphor of the supervisory environment, to apply its message in diverse spheres of his/her professional and personal life.