Brazil Central Bank liquidates two more Master-linked funds; total interventions reach 21

The Central Bank of Brazil ordered the extrajudicial liquidation of Trustee and Banvox DTVM, both linked to Banco Master's ecosystem, bringing the total number of institutions under intervention to 21 under Governor Gabriel Galípolo. Of these, 15 are tied to irregularities by former banker Daniel Vorcaro. This signals continued regulatory tightening in Brazil's financial sector, potentially affecting market confidence in smaller financial institutions.