RegAlert2020-10-29 | Resolução BCB 35Added
BCB Resolution No. 35 — Amends Circular No. 3,952 of June 27, 2019, Regarding the Registration of Receivables from Payment Arrangements Based on Postpaid Accounts and Demand Deposits in the Brazilian Payments System
This resolution amends Circular No. 3,952 by introducing Articles 15-A and 15-B, which mandate that registrars and acquiring institutions participate in homologation integration tests for payment arrangement receivables and appoint responsible directors. It requires registrars to submit test plans to the Central Bank of Brazil and establishes that failure to comply with these testing requirements may result in the provisional suspension of operations. The new provisions regarding Chapter V and Articles 15-A and 15-B take effect upon publication, while other provisions become effective on February 17, 2021.
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Resolution No. 35
BCB RESOLUTION
NO. 35, OF OCTOBER 29, 2020
Amends Circular No. 3,952, of June 27, 2019, which provides for the registration of receivables arising from transactions within the scope of a payment arrangement based on a postpaid account and a demand deposit that is part of the Brazilian Payments System.
The Collegiate Board of the Central Bank of Brazil, in a session held on October 29, 2020, 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
- Circular No. 3952 dated 2019-06-27not in RegAlert
- Issued under
- Resolution CMN No. 4734 — Establishes Conditions and Procedures for Discounting Receivables of Payment Arrangements in the Brazilian Payment System Based on Postpaid Accounts and Demand Deposit Accounts, and Credit Operations Secured by Such Receivables2019Resolution CMN No. 4593 — Provides for the registration and centralized deposit of financial assets and securities by financial institutions and other entities authorized to operate by the Central Bank of Brazil, as well as the provision of financial‑asset custody services2017Law No. 12,865, of October 9, 2013 — payment arrangements and payment institutions that are part of the Brazilian Payment System2013Law No. 12810 dated 2013-05-15not in RegAlertLaw No. 4595 dated 1964-12-31not 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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