RegAlert2022-12-31 | Resolução BCB 282Added
BCB Resolution No. 282 — Amends Circular No. 3,978 of January 23, 2020
This resolution amends Circular No. 3,978 by adding a new paragraph to Article 28, requiring authorized institutions to maintain records and custody of supporting documents for foreign exchange operations in alignment with their internal risk assessment. It also repeals Article 68 of the same circular. The measures apply to institutions authorized to operate by the Central Bank of Brazil and take effect upon publication.
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BCB RESOLUTION NO. 282, OF DECEMBER 31, 2022
Amends
Circular No. 3,978, of January 23, 2020, which provides for the policy, internal procedures and controls to be adopted by institutions authorized to operate by the Central Bank of Brazil with a view to preventing the use of the financial system for the commission of the crimes of "money laundering" or concealment of assets, rights and values, as set forth in Law No. 9,613, of March 3, 1998, and for terrorist financing, provided for in Law No. 13,260, of March 16, 2016.
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Lineage: In force
Timeline
This document amends: Circular No. 3978 — Internal Policy, Procedures, and Controls for Preventing Money Laundering and Terrorist Financing
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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