Reuters: Regulatory News: STXNEWS LATAM-Brazil central bank program to cut oversight costs

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STXNEWS LATAM-Brazil central bank program to cut oversight costs Feb 18th 2013, 15:31 Mon Feb 18, 2013 10:31am EST Brazil's central bank will launch on Tuesday a program aimed at reducing oversight costs across financial institutions, according to a statement. The Otimiza BC program will open a forum to discuss ways to streamline the cost of financial regulation and the creation of a committee that will help improve communication between the central bank and the industry.

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