Unveiling the Historical Reconstruction of Financial Activity: Leveraging Compliance Practices for Implementation and Sophistication in Brazil
DOI:
https://doi.org/10.37497/esg.v3issue.1601Keywords:
Historical reconstruction, Financial activity, Compliance practices, Fraudulent practicesAbstract
In recent years, economic scandals and fraudulent practices in financial institutions have captured national attention, prompting the demand for ethical conduct, transparency, and responsibility. Compliance, as a form of corporate governance, has gained significance in the Brazilian context, particularly within the financial sector. This research aims to examine how historical banking practices serve as a foundation for the establishment and advancement of compliance mechanisms in optimizing financial activities.
Using an inductive methodology supported by bibliographic and documentary research, this study analyzes historical cases to determine if banking activities have deviated and adopted fraudulent systems. The research begins by examining the concept of the contract of deposit of fungible goods in ancient Rome, focusing on the concrete case of the Bank of Calisto I. It then explores medieval banking practices in commercial Italian cities, particularly Florence and the Medici Bank, as well as Catalonia, with emphasis on Barcelona.
The study further investigates the financial systems of the modern era, analyzing banks in Amsterdam, Stockholm, and the Bank of England, specifically their handling of deposits and reserve contingencies. Finally, the research explores the link between past banking practices and the contemporary financial system, evaluating current prevention mechanisms, internal and external oversight of banks, and the historical contributions of financial activities to the evolution of existing control mechanisms.
This research provides valuable insights into the historical foundations that have shaped compliance practices in Brazil. By understanding the historical context, it offers valuable knowledge for enhancing and sophisticating financial activities within the compliance framework, contributing to improved transparency, risk mitigation, and ethical behavior in the financial sector.
References
ANDRIGHI, Fátima Nancy. EMPRESTIMO E DEPÓSITO. Disponível em:https://core.ac.uk/download/pdf/79062961.pdf. Acesso em: 02 de nov de 2020.
BLOCK, Marcela.A NOVA LEI ANTICORRUPÇÃO E O COMPLIANCE Revista de Direito Bancário e do Mercado de Capitais, vol. 65/2014, p. 263. Jul/ 2014. Disponível em: https://emd-public.nyc3.digitaloceanspaces.com/eu- souempreendedor-uploads/RT-Marcella-Blok-Nova-lei-anticorrupção-e-com- pliance-.pdf. Acesso em: 03 de nov de 2020.
BRASIL. Banco Central do Brasil. Dispoe sobre a politica de conformidade (compliance) das instituicões financeiras e demais instituicões autorizadas a funcionar pelo Banco Central do Brasil. 2017. Disponível em: https://www.bcb.gov.br/pre/ normativos/busca/downloadNormativo.asp?arquivo=/List/Normativos/Attach- ments/50427/Res_4595_v1_O.pdf. Acesso em: 28 de out de 2020.
Código Civil. Lei n° 3.071 de 1° de janeiro de 1916. Disponível em: http://www.planalto.gov.br/ccivil_03/leis/l3071.htm. Acesso em: 23 de nov de 2020
Lei n. 12.846 de 1 de agosto de 2013.Dispõe sobre a responsabilização administrativa e civil de pessoas jurídicas pela prática de atos contra a admi- nistração pública, nacional ou estrangeira, e dá outras providências. Disponív- el em: http://www.planalto.gov.br/ccivil_03/_ato2011-2014/2013/lei/l12846. html. Acesso em: 01 set 2020.
CHEMIM, Rodrigo. Mãos limpas e lava jato: a corrupção se olha no espelho. 1ª ed. Porto Alegre: CDG, 2017.
CHURRUCA, Juan de. La quiebra de la banca del cristiano Calisto. (c.a. 185- 190), Seminarios complutenses de derecho romano, Fevereiro-Maio 1991, Ma- drid 1992.
CIPOLLA, Carlo M. El florín y el quattrino: La política monetaria en Florencia en el siglo XIV, publicado no livro El gobierno de la moneda: ensayos de historia monetaria, tradução espanhola de Juan Vivanco, Editorial Crítica, Barcelona 1994.
CRESSEY, Donald R. Other people’s money: a study in the Social Psychology of Embezzlement. The Free Press. Glencoe, Illinois, 1953.
DE ROOVER, R. (1944). Interest and Usury. By Bernard W. Dempsey. With an Introduction by Joseph Schumpeter. Washington: American Council on Public Affairs, 1943. Pp. xii, 233. $3.00. The Journal of Economic History, 4(2), 209-211. doi:10.1017/S0022050700081365
FEBRABAN. Guia boas práticas de Compliance, 2018. Disponível em: https:// cmsportal.febraban.org.br/Arquivos/documentos/PDF/febraban_manual_ compliance_2018_2web.pdf. Acesso em: 25 de out de 2020.
IMBERT, Jean. Historia económica (de los orígenes a 1789). Vicens-Vives, Barcelona, 1983
KINDLEBERGER, Charles P. A Financial History of Western Europe, 2ª ed. Oxford University Press, Oxford. 1993. Todavia, SOTO (2012)
LARUCCIA, M. M.; YAMADA, K. J. O desenvolvimento sustentável e a gestão de compliance em instituições financeiras. Revista Estratégica. V. 11, n. 2. 2013.
MANZI, Vanessa Alessi. Compliance no Brasil: consolidação e perspectivas. São Paulo: Saint Paul. 2008.
MORAIS, Eslei J. de. Controles Internos e Estrutura de Decisão Organizacional: O caso da contadoria no Banco do Brasil. (Mestrado em Administração — Área de Concentração: Estratégias e Organizações) — Universidade Federal do Paraná, Curitiba, 2005.
MUELLER, Reinhold C. The role of Bank Money in Venice, 1300-1500. Studi Veneziani, N.S. III, Giardini Editori, Pisa 1979.
MURAD Apud. ANDRIGHI, Fátima Nancy. EMPRÉSTIMO E DEPÓSITO. Disponível em: https://core.ac.uk/download/pdf/79062961.pdf. Acesso em: 02 de nov de 2020.
NAKAMURA, Elaine Aparecida Maruyama Vieria, NAKAMURA, Wilson Toshiro JONES, Graciela DIas Coelho. Necessidade de estrutura de compliance nas instituições financeira. Revista gestão e tecnologia, v 19 n5, p257-275, 2019.
POSTE, Edward M.A. Gai Instituitiones or Instituites of Roman Law by Gaius. Fourth edition, revised and enlarged by E.A. Whittuck, M.A. B.C.L., with an historical introduction by A.H.J. Greenidge, D. Litt. (Oxford: Claredon Press, 1904).
ROLDO, Felipe Rossa ; THAINES, Aleteia Hummes Compliance Como Ferramenta Na Prevenção De Riscos E No Combate À Fraude Organizacional. Revista eletrônica de Ciências Contábeis v.9 n-1 2020. Disponível em: http:// seer.faccat.br/index.php/contabeis/article/view/1602. Acesso em: 03 nov 2020.
SMITH, Adam. An Inquiry into the Nature and Causes of the Wealth of Nations.W. Strahan & T. Cadell, The Strand. Londres:1776.
SOTO, Jesús Huerta de. Moeda, Crédito Bancário e Ciclos Econômicos / Jesús Huerta de Soto ; tradução de Márcia Xavier de Brito. – São Paulo: Instituto Ludwig von Mises. Brasil, 2012.
SPECK, Bruno W. Mensurando a corrupção: uma revisão de dados provenientes de pesquisas empíricas. Cadernos Adenauer 10: Os custos da corrupção. São Paulo: Fundação Konrad Adenauer, 2000.
USHER, Abbott Payson. The early history of deposit banking in Mediterranean Europe. Cambridge, Mass., Harvard University Press, 1943.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2020 ESG Law Review
![Creative Commons License](http://i.creativecommons.org/l/by/4.0/88x31.png)
This work is licensed under a Creative Commons Attribution 4.0 International License.