CADE Tribunal approves settlement agreements in offshore forex cartel probe
By Maria Júlia Baumert ( October 22, 2025, 22:38 GMT | Insight) -- The Administrative Tribunal of Brazil’s antitrust authority unanimously approved settlement agreements with six financial institutions and two individuals implicated in a long-running investigation into alleged collusion in the offshore foreign exchange market. The deals involve approximately 80 million reais in fines.The Administrative Tribunal of Brazil’s antitrust authority, CADE, unanimously approved settlement agreements with six financial institutions and two individuals implicated in a long-running investigation into alleged collusion in the offshore foreign exchange market. The deals involve approximately 80 million reais ($1.48 million) in fines....
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