RegAlert2022-11-16 | Resolução BCB 257Added
BCB Resolution No. 257 — Amends Resolution BCB No. 80 of March 25, 2021, regarding payment institutions
The resolution amends Resolution BCB No. 80 to prohibit the establishment of payment institutions with a single natural person as sole partner and to include the Open Finance System in the regulatory scope. It establishes graduated financial thresholds for payment transactions and prepaid account balances that trigger the requirement for operational authorization, with specific deadlines and calculation methods for the periods between 2022 and 2029. Additionally, it extends the scope of authorized payment service providers to include direct credit, peer-to-peer lending, and microentrepreneur/small business credit societies, while clarifying capital integration rules for existing societies.
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BCB RESOLUTION NO. 257, OF NOVEMBER 16, 2022
Amends Resolution BCB No. 80, of March 25, 2021, which regulates the establishment and operation of payment institutions, establishes the parameters for submitting requests for authorization to operate by these institutions, and provides for the provision of payment services by other institutions authorized to operate by the Central Bank of Brazil.
The Collegiate Board of the Central Bank of Brazil, in a session held on November 16, 2022, based on the provisions of Arts. 6, §§ 1 and 4, and 9 of Law No. 12,865, of October 9, 2013, and having in view the provisions of Resolution No. 4,282, of November 4, 2013,
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This document amends: BCB Resolution No. 80 — Regulation of Payment Institutions
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