Regulatory Alerts2025-11-28 | Resolução Conjunta 15Joint Resolution No. 15 — Amending Joint Resolution No. 1 of May 4, 2020, Regarding the Implementation of Open Finance
The Central Bank of Brazil and the National Monetary Council issued Joint Resolution No. 15 to amend the regulatory framework for Open Finance, specifically introducing detailed provisions for the portability of credit operations. The resolution mandates authentication, consent, and procedural controls for proposing and executing credit transfers, while explicitly prohibiting simultaneous multiple portability requests for the same contract. It also grants original creditors the option to present counter-proposals and requires both institutions to ensure customer rights to withdraw requests and receive status updates.
Share