The Brazilian Pension Funds Authority (PREVIC) held a third working meeting with Brazil’s Ministry of Social Security to align on supervisory priorities and provide an update on its main projects, including planned enhancements to monitoring, supervision and enforcement tools. PREVIC also highlighted its focus on rule compliance and risk management, noting that the liquidation of Banco Master did not affect closed pension funds because they had no exposure to the institution. PREVIC briefed the ministry on structural projects using generative artificial intelligence, developed in partnership with Finep, comprising two systems designed to identify atypical investment operations and to monitor the solvency of benefit plans administered by closed pension entities (EFPC) using actuarial information. The agenda also covered the ombudsman channel, complaints and inspections, governance and disciplinary activity, institutional communications, staffing and budget, institutional relations and external control, and future commitments. The Ministry of Social Security has created an Artificial Intelligence Innovation Laboratory (LA-IA/MPS) and the two bodies will continue discussions on AI; delivery of PREVIC’s AI tools is scheduled for August 2026.
Brazilian Pension Funds Authority (PREVIC) 2026-03-12
Brazilian Pension Funds Authority targets August 2026 delivery of generative AI tools to flag atypical investments and monitor solvency
The Brazilian Pension Funds Authority (PREVIC) and Brazil’s Ministry of Social Security met to align supervisory priorities and discuss PREVIC's projects, including AI tools for monitoring investment operations and pension plan solvency. PREVIC emphasized rule compliance and risk management, noting no impact on closed pension funds from Banco Master’s liquidation. The Ministry established an AI Innovation Laboratory, with ongoing discussions on AI and PREVIC’s tools set for delivery in August 2026.