Investor Presentaiton
Annual Report
AR
2022
SUMMARY
WHO WE
ARE
OUR
STRENGTH
AND
OUR
RESOURCES
OUR
RESULTS
Governance, structure, and integrity
The departments are subordinated to the Governor and
Deputy Governors and carry out the activities of each area
of competence. The BCB is headquartered in BrasÃlia and has
regional branches in nine state capitals. The organizational
chart is available here.
The internal instances that support governance are the
Executive Secretariat, the Ombudsman, Internal Audit,
the General Counsel's Office, and the Department of
Professional Conduct.
Executive Secretariat: secretariat the collegiate meetings
attended by the Governor and the Deputy Governors,
including the National Monetary Council (CMN);
manages and keeps updated the Busca de Normas (search
for standards tool) for consultation by the society in
general; promotes the articulation of the various BCB areas,
the strategic monitoring, the management of projects and
programs, the improvement of corporate governance and
the monitoring of institutional results.
The BCB's Office of the Ombudsman: receives complaints,
compliments, and suggestions about the services provided
by the BCB, in addition to formal allegations against its
employees. It contributes to improving the quality of
services and reinforcing institutional transparency.
Internal Audit: through objective and proactive
assurance and consulting activities, it seeks to map and
mitigate conditions that could harm the fulfillment of the
institutional mission and the achievement of strategic
objectives. To do so, it focuses its engagements on
evaluating and improving the effectiveness of governance,
risk management and controls. The combined actionsofthe
internal and external audits, hired to assess the reliability
and transparency of published financial statements, aim
to ensure excellence in accountability to society.
General Counsel's Office - Legal Department (PGBC):
acts in defense of the BCB and carries out, internally, legal
consultancy and advisory activities. The PGBC also follows
up on lawsuits against the BCB filed by either its own
employees or employees from companies who provide
outsourced services. By the end of 2022, there were a total
of 1,311 lawsuits of this kind.
Department of Professional Conduct (Coger): its main
duties are to prevent and to investigate the misconduct
of the BCB's civil servants. It is part of the Correction
System of the Federal and Executive Branch. The Coger
acts whenever faced by complaints and ex officio when
it identifies potential disciplinary violations during its
routine activities.
The BCB's governance structure is complemented by
external players that contribute to guiding and overseeing
BCB's practices. Such actors are represented by society
itself and by bodies of the Executive, Legislative and
Judiciary branches.
The BCB also shares experiences, adopts best practices,
and follows governance recommendations from various
international bodies, notably the Bank for International
Settlements (BIS), Group of 20 (G20), the Financial Stability
Board (FSB), the International Monetary Fund (IMF), the
Financial Action Task Force (FATF) and the Network for
Greening the Financial System (NGFS), among others.
Correctional units
The Coger and the PGBC are the correctional units of
the BCB.
They analyze requests from civil servants about the
existence of conflicts of interest between private
activities and the activities they are involved in the
BCB.
The Coger also acts in administrative proceedings
brought against entities that have committed harmful
acts against the public administration.
The data concerning the correctional activity
developed by the Coger and the PGBC can be
consulted on the BCB's website.
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