RegAlert2023-10-31 | Resolução BCB 349Added
BCB Resolution No. 349 — Amends Resolution BCB No. 264 Regarding the Registration of Receivables from Payment Arrangements
This resolution amends Resolution BCB No. 264 by establishing that accredited institutions must request the dissolution of liens on receivables within two business days of contract rescission, with the registration system automatically adjusting priorities if the institution fails to act. It also mandates that registration systems prepare monthly compliance reports for accredited institutions and sub-accredited entities, observe interoperability schedules, and perform priority adjustments as specified in Article 7, Section 2. The resolution sets specific deadlines for submitting the convention referenced in Article 18 to the Central Bank of Brazil, ranging from May 2023 to March 2024 depending on the specific regulatory commands. Additionally, it revokes the sole paragraph of Article 7 of the original 2022 resolution and enters into force upon publication.
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RESOLUTION
BCB NO. 349, OF OCTOBER 31, 2023
Amends Resolution BCB No. 264, of November 25, 2022, which provides for the registration of receivables arising from transactions within the scope of a payment arrangement based on a post-paid account and a demand deposit integral to the Brazilian Payments System.
The Collegiate Board of the Central Bank of Brazil, in a session held on October 30, 2023, based on arts. 9 of Law No. 4.595, of December 31, 1964, 28, item II, of Law No. 12.810, of May 15, 2013, 9, items I and X, of Law No. 12.865, of October 9, 2013, and 8 of Resolution No. 4.734, of June 27, 2019, and having in view the provisions of arts. 2, item II, letter “b”, of Resolution No. 4.593, of August 28, 2017, and 2, 4 and 5 of Resolution No. 4.734, of 2019,
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Lineage: In force
Show all related documents (6)
- Amends
- Resolution BCB No. 264 — Provisions on the Registration of Receivables from Payment Arrangements Based on Postpaid or Demand Deposit Accounts within the Brazilian Payment System2022
- Issued under
- Lei n.º 4.595, de 31 de dezembro de 1964 — dispõe sobre a política e as instituições monetárias, bancárias e creditícias (establishes the National Financial System and the Banco Central do Brasil)1964Law No. 12.810 dated 2013-05-15not in RegAlertLaw No. 12.865 dated 2013-10-09not in RegAlertResolution No. 4.593 dated 2017-08-28not in RegAlertResolution No. 4.734 dated 2019-06-27not in RegAlert
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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