Reuters: Brazil’s Finance Ministry warns that regulatory loopholes in pooled and escrow accounts are being exploited by criminal and tax‑evaders to hide assets and dodge court‑ordered freezes

These accounts, which mix multiple users’ funds or act as temporary holding structures, fall outside the judiciary’s asset‑freezing system and obscure ultimate beneficiaries, weakening anti‑money‑laundering and enforcement actions. While the Central Bank tightened rules in November to curb misuse, the Finance Ministry says the changes only partially mitigate the risks, and is urging further regulatory action in discussions with the central bank, federal police and other agencies. Authorities also suspect hidden assets in a major tax‑fraud case…