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- W1132946621 abstract "A recent decree-law1 and pronouncements of the Central Bank and the Attorney General of the National Treasury have profound implications for practicing lawyers dealing with Brazilian banking transactions or the authority and status of Brazilian banks operating abroad. Decree-Law No. 1,928 of February 18, 1982 assumes that interest and principal of foreign currency loans contracted by public sector companies and governmental agencies will be paid on schedule. A recent opinion of the Office of the Attorney General of the National Treasury2 concludes that set-off clauses in foreign currency loan agreements are illegal. In addition, the Central Bank has just issued regulations governing the opening and operation of foreign offices of Brazilian banks.3 The purpose of this brief comment is to explain the major substantive points and possible effects of this legislation and administrative rulings." @default.
- W1132946621 created "2016-06-24" @default.
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- W1132946621 date "1982-01-01" @default.
- W1132946621 modified "2023-09-23" @default.
- W1132946621 title "Recent Highlights in Brazilian Banking Legislation" @default.
- W1132946621 hasPublicationYear "1982" @default.
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