Joint Resolution No. 17/2025 – New Rules on the Naming of Regulated Institutions and Fintechs Joint Resolution No. 17, issued by the Central Bank of Brazil (“BCB”) and the National Monetary Council (“CMN”) and published in the Federal Official Gazette on December 1, 2025 (“RC 17”), introduces a new regulatory framework governing the nomenclature and […]
Read moreJoint Resolution No. 16/2025 – Banking as a Service Regulation Enters into Force Joint Resolution No. 16, dated November 28, 2025 and published in the Federal Official Gazette on December 1, 2025 (“RC 16”), issued jointly by the Central Bank of Brazil (“BCB”) and the National Monetary Council (“CMN”), constitutes a comprehensive regulatory milestone for […]
Read moreCentral Bank Regulates the Provision of Virtual Asset Services On 10 November 2025, the Central Bank of Brazil (“BCB”) published Resolutions Nos. 519, 520 and 521, setting out rules on the provision of virtual asset services. These rules, further detailed below, are the result of market input submitted in response to Public Consultation Notices (“PCNs”) […]
Read moreNew Rules on Minimum Capital Requirements for Financial Institutions, Payment Institutions, and Other Entities Authorized to Operate by the Central Bank of Brazil The Central Bank of Brazil (“BCB”) and the National Monetary Council (“CMN”) issued, on 3 November 2025, two regulations introducing significant changes to the financial sector regarding a new methodology and new […]
Read moreCMN and the Central Bank Strengthen Controls Over Accounts and Expand Monitoring Obligations On November 3, 2025, the Central Bank of Brazil (“BCB”) issued Resolution No. 518, and the National Monetary Council (“CMN”) issued Resolution No. 5,261 (together, the “Resolutions”), enhancing the rules governing the closure of payment accounts and deposit accounts, respectively. The amendments […]
Read moreNew BACEN Competence – Approval of Foreign Capital in Financial Institutions On 9.27.2019, was published in the Official Gazette Decree No. 10,029 of 9.26.2019, (“Decree No. 10,029”), by means of which it is transferred to the Central Bank of Brazil the competence to authorize the incorporation of new branches of foreign financial institutions, as well […]
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