Regulatory asymmetry in fintechs and cooperatives
vulnerabilities in the AML/CFT/CPF system
DOI:
https://doi.org/10.5281/zenodo.20271785Keywords:
criminal sciences, money laundering, fintechs, cooperatives, banking regulationAbstract
This article analyzes the structural disparities in the Brazilian regulatory landscape applicable to fintechs and credit cooperatives from the perspective of Anti-Money Laundering, Counter-Terrorism Financing, and Proliferation Financing of Weapons of Mass Destruction (AML/CFT/CPF). The coexistence of asymmetric models, characterized by flexible innovation in fintechs and traditional capillarity in cooperatives, creates gaps exploited by organized crime. Through qualitative analysis and risk mapping, it demonstrates the need for “antimafia compliance” and the standardization of controls by the Central Bank to mitigate regulatory arbitrage.
Downloads
References
BANCO CENTRAL DO BRASIL; CONSELHO DE CONTROLE DE ATIVIDADES FINANCEIRAS. Sumário Executivo: Avaliação Nacional de Riscos. Brasília: Grupo de Trabalho de Avaliação Nacional de Risco de Lavagem de Dinheiro, Financiamento do Terrorismo e Financiamento da Proliferação de Armas de Destruição em Massa, 2021. Disponível em: https://www.gov.br/coaf/pt-br/centrais-de-conteudo/publicacoes/avaliacao-nacional-de-riscos/sumario_executivo-avaliacao-nacional-de-riscos.pdf. Acesso em: 14 abr. 2026.
HARYADI, Annisa Putri; FARDIANSYAH, Ahmad Irzal; TAMZA, Fristia Berdian. Evaluating the effectiveness of Indonesia’s anti money laundering framework: A normative legal analysis. Jurnal Mahkamah: Kajian Ilmu Hukum dan Hukum Islam, Metro, v. 10, n. 2, p. 487-500, 2025. https://doi.org/10.25217/jm.v10i2.6740
HARTO, Eko Budhi; SABRINA, Nahdiya; PAKPAHAN, Hatarto. Legal Analysis of the Status of Evidence Proceeds of Money Laundering Crimes Encumbered by Fiduciary Guarantee. International Journal of Research in Social Science and Humanities, Tumakuru, v. 7, n. 1, p. 22-34, jan. 2026. https://doi.org/10.47505/IJRSS.2026.1.22
SOEKANTO, Soerjono. Kesadaran hukum dan kepatuhan hukum. Jurnal Hukum & Pembangunan, Depok, v. 7, n. 6, p. 462-471, 1977. Disponível em: https://scholarhub.ui.ac.id/jhp/vol7/iss6/6/. Acesso em: 14 abr. 2026.
WARDE, Walfrido; GAKIYA, Lincoln. Segurança pública: o Brasil livre das máfias. São Paulo: Contracorrente, 2026.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2026 Miguel Tedesco Wedy, Alessandro Fernandes
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Copyright of published articles belongs to the author, but with journal rights over the first publication and respecting the one-year exclusivity period. Authors may only use the same results in other publications by clearly indicating this journal as the medium of the original publication. If there is no such indication, it will be considered a situation of self-plagiarism.
Therefore, the reproduction, total or partial, of the articles published here is subject to the express mention of the origin of its publication in this journal, citing the volume and number of this publication. For legal purposes, the source of the original publication must be consigned, in addition to the DOI link for cross-reference (if any).
