BCB Resolution No. 141 of September 16, 2021

Draft Circular

BCB RESOLUTION NO. 141, OF SEPTEMBER 16, 2021

Amends BCB Resolution No. 50, of December 16, 2020, which provides for the requirements for the establishment and execution by the Central Bank of Brazil of the Controlled Testing Environment for Financial and Payment Innovations (Regulatory Sandbox) – Cycle 1, as well as for the procedures and requirements applicable to the classification and authorization for participation in this environment.

The Collegiate Board of the Central Bank of Brazil, in a session held on September 15, 2021, based on Arts. 9, 10, item XI, of Law No. 4,595, of December 31, 1964, 9, item II, and 15 of Law No. 12,865, of October 9, 2013, 25 and 45 of CMN Resolution No. 4,865, of October 26, 2020, and 26 of BCB Resolution No. 29, of October 26, 2020,

RESOLVES:

Art. 1 BCB Resolution No. 50, of December 16, 2020, shall enter into force with the following alteration:

"Art. 5 The selection and authorization period for participants in the Regulatory Sandbox – Cycle 1 shall be from March 22 to November 26, 2021." (NR)

Art. 2 The sole paragraph of Art. 5 of BCB Resolution No. 50, of 2020, is hereby revoked.

Art. 3 This Resolution enters into force on the date of its publication.

Otávio Ribeiro Damaso João Manoel Pinho de Mello Director of Regulation Director of System Organization and Resolution Financial