Brazil's Minister of Justice and Public Security, André Mendonça, has scheduled a new meeting with the Federal Police for October 23 to discuss ongoing investigations related to Banco Master. This meeting will focus on the progress of the inquiries and outline the next steps for the investigators involved. Mendonça's proactive approach follows a previous meeting on October 13, where he aimed to understand the ongoing investigations before making further decisions regarding the case.

Mendonça took over the oversight of the Banco Master investigations after Justice Minister Dias Toffoli stepped down from the role amid controversies and revelations regarding his connections to interested parties, such as Daniel Vorcaro, the bank's owner. This change in oversight may indicate a desire for greater accountability and transparency as the investigations continue to unfold. Mendonça seems keen to ensure that the inquiries are thorough and that proper measures are taken based on their findings.

The Federal Police is expected to present its report on the first investigation concerning Banco Master's potential acquisition by Banco de Brasília soon. However, additional investigations are also ongoing, including a significant inquiry that remains unresolved. The outcomes of these investigations could have implications for the banking sector in Brazil and raise questions about regulatory practices and governance within financial institutions.