RegAlert2023-02-23 | Resolução BCB 296Added
BCB Resolution No. 296 — Amends BCB Resolution No. 80 of March 25, 2021, Regarding Payment Institutions
BCB Resolution No. 296 amends Article 2 of BCB Resolution No. 80 to restrict payment institutions to providing services exclusively related to employee benefit programs established by law or executive acts, and to food assistance benefits for meal payments or food purchases. These changes apply to payment institutions authorized to operate by the Central Bank of Brazil. The resolution enters into force on April 3, 2023.
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BCB RESOLUTION NO. 296, OF FEBRUARY 23, 2023
Amends BCB Resolution 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 February 23, 2023, based on the provisions of Articles 6, paragraph 4, and 9 of Law No. 12,865 of October 9, 2013, and considering 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
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