Resolution No. 109

RESOLUTION

BCB NO. 109, OF JUNE 24, 2021

Establishes the schedules for submission of the convention and implementation, by the institutions participating in Open Banking, of the sharing of data and services governed by Joint Resolution No. 1, of May 4, 2020.

The Collegiate Board of the Central Bank of Brazil, in an extraordinary session held on June 24, 2021, based on Art. 9 of Law No. 4.595, of December 31, 1964, Art. 9, item II, of Law No. 12.865, of October 9, 2013, and Art. 51, items IX and X, of Joint Resolution No. 1, of May 4, 2020,

RESOLVES:

Art. 1 The content of the convention to be entered into by the institutions participating in Open Banking, governed by Art. 44 of Joint Resolution No. 1, of May 4, 2020, regarding technological standards, operational procedures, data and service layouts, and other aspects necessary for the sharing of data and services within the scope of Open Banking, must be submitted for approval by the Central Bank of Brazil, observing the following deadlines:

I - by September 30, 2021, regarding the sharing of data on products and services governed by Art. 2, item III;

II - by November 16, 2021, regarding the payment transaction initiation service governed by Art. 2, item IV;

III - by December 17, 2021, regarding the sharing of the credit operation proposal forwarding service governed by Art. 2, item V;

IV - by February 24, 2022, regarding the sharing of customer transaction data governed by Art. 2, item VI;

V - by March 31, 2022, regarding the sharing of the payment transaction initiation service governed by Art. 2, item VII; and

VI - by June 30, 2022, regarding the sharing of the payment transaction initiation services governed by Art. 2, item VIII.

Art. 2 The institutions participating in Open Banking must implement the technical requirements and other operational procedures necessary for the sharing of data on service channels and products and services within the scope of Open Banking, observing the following deadlines:

I - by August 13, 2021, for:
(Amended by BCB Resolution No. 114, of July 14, 2021.)

a) the mechanisms for handling and resolving disputes between participating institutions, governed by Art. 44, item IV, of Joint Resolution No. 1, of 2020; and

b) the sharing of registration and transactional data governed by Art. 5, item I, letters "c" and "d", items 1 to 5, of Joint Resolution No. 1, of 2020;

II - by October 29, 2021, for the sharing of the Pix payment transaction initiation service, governed by Art. 5, item II, letter "a", of Joint Resolution No. 1, of 2020, and Art. 6, item IV, of Circular No. 4.015, of May 4, 2020; (Amended by BCB Resolution No. 133, of August 27, 2021.)

III - by December 15, 2021, for the sharing of data on products and services governed by Art. 5, item I, letter "b", items 6 to 10, of Joint Resolution No. 1, of 2020;

IV - by February 15, 2022, for the sharing of the payment transaction initiation service for transfers between accounts within the same institution and for Available Electronic Transfer (TED), governed by Art. 5, item II, letter "a", of Joint Resolution No. 1, of 2020, and Art. 6, items II and III, of Circular No. 4.015, of 2020;

V - by March 30, 2022, for the sharing of the credit operation proposal forwarding service, governed by Art. 5, item II, letter "b", of Joint Resolution No. 1, of 2020;

VI - by May 31, 2022, for the sharing of customer transaction data governed by Art. 5, item I, letter "d", items 6 to 11, of Joint Resolution No. 1, of 2020;

VII - by June 30, 2022, for the sharing of the boleto payment transaction initiation service, governed by Art. 5, item II, letter "a", of Joint Resolution No. 1, of 2020, and Art. 6, item VI, of Circular No. 4.015, of 2020; and

VIII - by September 30, 2022, for the sharing of the account debit payment transaction initiation service, governed by Art. 5, item II, letter "a", of Joint Resolution No. 1, of 2020, and Art. 6, item I, of Circular No. 4.015, of 2020.

§ 1 The Central Bank of Brazil, based on the principles of data security and quality for the purposes of fulfilling the objectives set forth in Art. 3 of Joint Resolution No. 1, of 2020, may define operational limits for the process of launching interfaces dedicated to sharing, respecting the initial dates defined in the main text.

§ 2 For the purposes of the provision in § 1, the following must be observed:

I - the type of interface or data or services shared;

II - the quantity of consents;

III - the time of interface calls; and

IV - the quantity of interface calls per client, per institution, per day, and per method subscription.

Art. 3 The other requirements regarding contents, sharing, and implementations remain mandatory from the dates established in the schedules originally provided for in Joint Resolution No. 1, of 2020, and Joint Resolution No. 2, of November 27, 2020.

Art. 4 Art. 6, item V, of Circular No. 4.015, of 2020, is hereby revoked.

Art. 5 This Resolution enters into force on the date of its publication.

Otávio Ribeiro Damaso
Director of Regulation