Central Banks and Criminals in a Game of Follow Me

President of the Central Bank, Gabriel Galípolo, recently emphasized the importance of continuous improvements in fighting financial crimes. In an interview about the third-quarter Monetary Policy Report (RPM), Galípolo highlighted that as investigations advance, criminal schemes become more visible to the public. This perception can give a misleading impression of increased crime numbers, but the goal is always to close these gaps. Galípolo compared this fight against financial crime to the constant race between authorities and doping athletes in sports, where detection mechanisms are constantly improved to stay ahead of fraudsters. The conclusion is that the battle is ongoing, but should be viewed as a continuous pursuit with the objective of minimizing such crimes as much as possible. Recent operations against Crédito Oculto and other investigations involving banks, including Banco Master, reflect this constant struggle. Galípolo also confirmed being summoned to testify before the Federal Police in early October, reiterating his commitment to collaborating with investigative authorities. This situation highlights the importance of joint work between the Central Bank and other governmental institutions in the fight against financial crime, which is a complex global challenge. Financial integrity is crucial for economic health and public confidence in monetary systems.