RegAlert2021-07-21 | Resolução BCB 117Added
BCB Resolution No. 117 — Amends BCB Resolution No. 32 of October 29, 2020, regarding technical requirements and operational procedures for Open Banking implementation
BCB Resolution No. 117 amends Resolution No. 32/2020 to define the Open Banking ecosystem components, including the Brazilian portal, API test environment, and dispute resolution platform, and mandates that the governing Manual detail service level agreement parameters. It prohibits transmitting institutions and account-holding institutions from offering products or services to customers during the data sharing or payment initiation request process to prevent obstacles to data and service sharing. Additionally, it requires the Open Banking Governance Structure to maintain a dispute resolution platform, with access conditions and security requirements (confidentiality, integrity, availability) specified in the relevant regulations. The resolution entered into force on the date of its publication.
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BCB RESOLUTION NO. 117, OF JULY 21, 2021
Amends
BCB Resolution No. 32, of October 29, 2020, which establishes the technical requirements and operational procedures for the implementation in the Country of the Open Banking System (Open Banking).
The Collegiate Board of the Central Bank of Brazil, in a session held on July 21, 2021, based on arts. 9 of Law No. 4,595, of December 31, 1964, 9, item II, of Law No. 12,865, of October 9 2013, and 51, items I, II and IX, of Joint Resolution No. 1, of May 4, 2020, and having in view the provisions of art. 1º-A of Circular No. 4,032, of June 23, 2020,
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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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