Banking, insurance and finance
BCB and CMN change Open Finance rules. Changes cover criteria for participation in Open Finance and allows the development of Pix by approximation.
Central Bank initiates public consultation for write up regulation of credit, financing and investment companies (SCFI) – the "financial" ones.
New regulation promises to move the markets of means of payment and exchange.
Presidential text comes into effect on June 20 and will allow the institution to regulate the activities of virtual asset service providers.
Law 14,478/22 inaugurates a new phase of the crypto economy in the country, bringing more legal security.
Recommendations from the International Securities Organization are expected to impact the regulatory environment in Brazil and around the world.
Proposal is part of the initiative of simplification and cutting red tape for financing prepared by the government.
The Authority published Circular Letter 6/2023/CVM/SSE which sets forthcriteria to distinguish the issuance of tokens as a securitization operation or a collective investment contract and deals with some sorts of financial assets and crowdfunding.
Joint resolution establishes minimum list of data and information that must be shared by institutions and procedures to be followed to avoid fraud.
A joint resolution establishes the minimum set of data and information that must be shared by institutions and the procedures to be followed in order to avoid fraud.
The objectives of the new rules established by BCB Resolution 278 are to modernize, simplify, and strengthen the legal security of operations.
Objective is to test the technologies of issuance and circulation and evaluate the impacts and benefits of the Brazilian Central Bank Digital Currency.
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