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, 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,

R E S O L V E :

Art.
1º BCB Resolution No. 32, of October 29
2020, shall enter into force with the following alterations:

"Art. 12. ...........................................................................................................

.........................................................................................................................

III - Open Banking portal in Brazil;

IV

• API test environment; and

V - Open Banking dispute resolution platform.

Sole Paragraph. For the purposes of the provisions of the caput, the Manual must establish, among others, the detailing of parameters on service level agreements in the execution of the activities referred to in items I to V, as applicable." (NR)

"Art. 16-C. For the purposes of the provisions of art. 28 of the Joint Resolution No. 1, of 2020, it is considered as creating obstacles to data and service sharing in Open Banking the offer, by transmitting institutions and by account-holding institutions, of products and services to the customer during the stages of the process of data sharing request and the payment transaction initiation service of Open Banking." (NR)

"CHAPTER
VIII-B

OF THE
DISPUTE RESOLUTION PLATFORM

Art. 16-D.
The Structure Responsible for the Governance of Open Banking referred to in art. 44, § 1º, of Joint Resolution No. 1, of 2020, must maintain a platform for dispute resolution between participants within the scope of Open Banking.

§ 1º The conditions for participant access to resources of the platform referred to in the caput and to other resources eventually used to implement the mechanism for dispute resolution established in the terms of art. 44, item IV, of Joint Resolution No. 1, of 2020, must be included in the regulation that provides for the referenced mechanism.

§ 2º The accesses of participants to the resources of the platform referred to in the caput and to other resources cited in § 1 must observe the confidentiality, integrity, availability of data and information systems used, as well as the legislation and current regulation." (NR)

Art. 2º This Resolution enters into force on the date of its publication.

Otávio Ribeiro Damaso
Director of Regulation