Regulatory Alerts2026-03-03 | Resolução BCB 553BCB Resolution No. 553 of March 3, 2026
The Central Bank of Brazil issued Resolution No. 553 to extend the application scope of the Cosif Accounting Standard to authorized virtual asset service providers. This regulation amends multiple prior resolutions to mandate that these entities, along with securities and currency brokers, comply with specific financial reporting, audit, and consolidation requirements. The changes ensure that virtual asset service providers are subject to the same accounting principles and supervisory procedures as other regulated financial institutions.
Share