2021-07-29 | Instrução Normativa BCB 136Added
This instruction mandates participating institutions to implement a phased and efficient launch of Open Banking APIs across four cycles between August 13 and October 24, 2021, with specific operational windows and increasing consent volume limits of 0.1%, 0.5%, 1%, and 10% respectively. It establishes monthly interface call caps of two calls for registration data and 120 calls for transaction data per client, while allowing data-transmitting institutions to voluntarily exceed these limits or extend operational hours. The regulation revokes BCB Normative Instruction No. 120 and enters into force upon publication.
BCB published 15 documents in the last 30 days — get each new one by email the day it lands.
Discloses operational limits and deadlines for the phased and efficient launch of interfaces dedicated to data sharing in Open Banking.
The Heads of the Department of Financial System Regulation (Denor), the Department of Information Technology (Deinf), and the Department of Banking Supervision (Desup), using the powers conferred upon them by Arts. 23, item I, letter "a", 62, item IV, 81, item VI, and 116, item I, letter "b", of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84,287, of February 27, 2015, based on Art. 2º, §§ 1º and 2º, of BCB Resolution No. 109, of June 24, 2021,
Read the rest free, and get an email when BCB publishes again
Source: Banco Central do Brasil — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
More like this from BCB
BCB published 15 documents in the last 30 days. We email you each new one the day it's published.