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CVM and OECD coordinate financial education project for indigenous peoples

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This post was translated by Regulatory.News for informational purposes only; the content below is not an official translation from the regulator. See the content in its original language here.

Education and financial inclusion for indigenous peoples. This is the focus of the new research project that will be coordinated by  the Brazilian Securities and Exchange Commission (CVM)  and the  Organization for Economic Cooperation and Development (OECD)  through the  Center for Financial Education for Latin America and the Caribbean (LAC) . Data  collection among the members of  the LAC Regional Network of Financial Education of the OECD is already underway  and it is expected that, in the coming months,  other interested parties will be involved in the study . 

The  interested in contribu go  with inputs  for research  can come  in contact  with the CVM  by e-mail  c and c a p @ c v m . g o v . b r . 

Pilot Project  

The action taken based on a p r a j and T a p i l a t a , i n i c i a d a w and G to C V M h will q u to s and d a i s a n a         s ,together with indigenous peoples in the Amazon.“ Thanks to the support of local entities such as UFPA,  I had  the opportunity to witness, even before the pandemic, how indigenous communities were financially vulnerable. This research  project  that is being initiated  with the OECD will help us to deepen our understanding of the challenges and potential  educational solutions  suited to indigenous peoples in the region. The initiative tra ha  useful subsidies for  the design of interventions to improve financial literacy, with a positive impact for indigenous and other communities traditional”, commented José Alexandre Vasco, CVM’s superintendent of investor protection and guidance (SOI). 

CVM and OECD Center for Financial Education  

The  Financial Education Center for Latin America and the Caribbean  was created  through  a Memorandum  of Understanding  signed between  the Autarchy and the OECD . The agreement,  started in 2016 , was  renewed  in 2020 , with the inclusion of   themes such as financial innovation and sustainable finance. 

The Regional Network, an arm of the International Financial Education Network (INFE) established by the OECD in 2008, is currently composed of 51 public authorities (central banks, financial market authorities, ministries of finance, social policy and education) and 22 countries of LAC. 

know more 

Access  the OECD website for more information  about the  center and its activities , as well as about  INFE .  

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Regulator Information

Abbreviation: CVM
Jurisdiction: Brazil

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