RegAlert2022-03-24 | Instrução Normativa BCB 247Added
BCB Normative Instruction No. 247 — Establishes the content and format for information reporting by payment arrangement sponsors and payment service providers in the Brazilian Payments System
This instruction establishes the content and format for periodic information reporting to the Department of Competition and Financial Market Structure (Decem) by payment arrangement sponsors and payment institutions, financial institutions, and other authorized entities providing payment services within the Brazilian Payments System. Reports must be consolidated by calendar quarter and submitted by the last business day of the following month, with specific exemptions available for non-participating entities upon request. The instruction revokes Circular Letters No. 3,922 and No. 3,923 of December 21, 2018, and enters into force on April 1, 2022, applying to data from the first quarter of 2022 onwards.
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BCB NORMATIVE INSTRUCTION NO. 247, OF MARCH 24, 2022
Establishes the content and format for information reporting by sponsors of payment arrangements integrated into the Brazilian Payments System authorized by the Central Bank of Brazil, as well as by payment institutions, financial institutions, and other institutions authorized to operate by the Central Bank of Brazil that provide payment services within the scope of these arrangements.
The Head of the Department of Competition and Financial Market Structure (Decem), using the powers conferred by Art. 97-A, item IX, of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84,287, of February 27, 2015, and taking into account the provisions of § 1º, item I, and § 2º of Art. 24 of the Regulation annexed to Resolution BCB No. 150, of October 6, 2021,
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Lineage: In force
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
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