Through any of its members, the Fiscal Council is responsible for overseeing the Management\u2019s acts and verifying compliance with their legal and statutory duties, according to the Fiscal Council\u2019s Internal Regulation. Some risks are identified, managed and monitored focused on Operational Risk which, consequently, has its control compliance assessed by the Controls and Compliance department.<\/p>\n\n\n\n
Even though Banrisul does not have a tax policy approved by the Board or validated by its committees, the Bank adheres to principles to always achieve excellence in adopting good practices to mitigate and reduce tax and fiscal risks. It relies on the internal and external audits as partners in the pursuit of excellence in the management of the institution’s tax matters.<\/p>\n\n\n\n
In a broader sense, the responsibilities of the Fiscal and Tax Corporate Department include calculating the institution’s taxes and monitoring all the impacts on the related accessory obligations; supporting the other corporate departments responsible for tax-generating events, whether direct or as tax substitutes, in order to identify possible situations of risk that must be dealt with at the source of the information; in addition to the continuous monitoring of communication with the regulatory and oversight agencies, so as not to generate any burden, whether financial or reputational.<\/p>\n\n\n\n
In 2021, Banrisul collected and provisioned R$1,010.9 million in own taxes and contributions. Taxes withheld and passed on, directly levied on financial intermediation and other payments, totaled R$915.2 million in the same period.<\/p>\n","protected":false},"featured_media":0,"template":"","categoria_indicadores":[1369],"codigo":[1372],"empresas":[],"ano_indicador":[1519],"class_list":["post-5058","indicador","type-indicador","status-publish","hentry","categoria_indicadores-management-of-risks-that-can-significantly-impact-business","codigo-gri-207-2-en","ano_indicador-2021-en"],"acf":[],"yoast_head":"\n