BCB Resolution No. 427 — Publishes the Internal Regulations of the Financial Activities Control Council (Coaf)

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BCB RESOLUTION NO. 427, OF OCTOBER 16, 2024

Publishes the Internal Regulations of the Financial Activities Control Council – Coaf.

The Collegiate Board of the Central Bank of Brazil, in the exercise of the competence conferred upon it by Article 5 of Law No. 13,974, of January 7, 2020, having in view the provisions of Vote 178/2024–BCB, of October 16, 2024,

R E S O L V E:

Article 1. The Internal Regulations of the Financial Activities Control Council – Coaf are published, in the form of the annex to this Resolution.

Article 2. Article 4 of BCB Resolution No. 375, of April 3, 2024, published in the Official Gazette of the Union on April 5, 2024, is revoked.

Article 3. This Resolution enters into force on the date of its publication.

OTÁVIO RIBEIRO DAMASO

Acting President of the Central Bank of Brazil

INTERNAL REGULATIONS OF THE FINANCIAL ACTIVITIES CONTROL COUNCIL – COAF, ANNEX TO BCB RESOLUTION NO. 427, OF OCTOBER 16, 2024

TITLE I

PRELIMINARY PROVISIONS

Article 1. These Internal Regulations govern:

I - the nature, purpose, functioning, and organization of the Financial Activities Control Council – Coaf;

II - the competencies of its organizational components; and

III - the duties of the agents that compose it.

TITLE II

NATURE, PURPOSE, AND FUNCTIONING

CHAPTER I

NATURE AND PURPOSE

Article 2. Coaf, administratively linked to the Central Bank of Brazil and endowed with technical and operational autonomy, is the country's financial intelligence unit, responsible for acting as the central authority of the Brazilian system for the prevention and combat of money laundering and terrorist financing and the proliferation of weapons of mass destruction – AML/CFT, especially in the receipt, analysis, and dissemination of financial intelligence information.

Article 3. Coaf has the following purposes:

I - to produce and manage financial intelligence information for AML/CFT purposes;

II - to receive, examine, identify suspicious occurrences of illicit activities, and communicate them to the competent authorities, in accordance with the law, when it concludes the existence of crimes, founded indications of their practice, or any other illegality;

III - to regulate and supervise compliance with the duties provided for in Articles 10 and 11 of Law No. 9,613, of March 3, 1998, with respect to persons directly subject to its supervision, in the form of Article 14, § 1º, of the aforementioned Law;

IV - to apply administrative sanctions within its competence;

V - to promote institutional interlocution with national, foreign, or international bodies and entities that have a connection with its activities;

VI - to sign technical cooperation agreements, conventions, and partnerships with public and private entities, with a view to executing the duties provided for in Law No. 9,613, of March 3, 1998, and Law No. 13,974, of January 7, 2020;

VII - to coordinate and monitor, in articulation with public entities and private organizations, the processes of mutual evaluation and the implementation of recommendations and guidelines from international organizations related to AML/CFT; and

VIII - to coordinate and monitor, in articulation with public entities and private organizations, the process of the National Assessment of Money Laundering, Terrorist Financing, and Financing of Proliferation of Weapons of Mass Destruction Risks – ANR.

Sole Paragraph. In performing its competencies aimed at the purposes indicated in the caput, Coaf, in accordance with its strategic objectives and priorities, as well as its resources and operational capabilities, will observe a risk-based approach.

CHAPTER II

PRODUCTION AND MANAGEMENT OF FINANCIAL INTELLIGENCE

Article 4. The production and management of financial intelligence for AML/CFT purposes will be carried out by Coaf based on the receipt and analysis of:

I - communications provided for in Article 11, caput, item II, of Law No. 9,613, of March 3, 1998, and in related legislation, originating from persons obligated by law;

II - communications from competent authorities, including financial intelligence units – FIUs of other jurisdictions; and

III - reports and information from the general public.

Article 5. The dissemination of financial intelligence production by Coaf will occur through the sending of Financial Intelligence Reports – FIRs when it concludes the existence of crimes provided for in Law No. 9,613, of March 3, 1998, founded indications of their practice, or any other illegality.

§ 1º. The FIRs will be disseminated to the competent authorities, exclusively through an electronic system managed by Coaf, in the form provided for in Article 15 of Law No. 9,613, of March 3, 1998, for the initiation of appropriate procedures.

§ 2º. The dissemination of FIRs to FIUs of other jurisdictions will be carried out by the Egmont Secure Web or, in the presence of technical-operational circumstances that make its use unfeasible, by other transmission means considered admissible.

§ 3º. Coaf may adopt distinct forms of dissemination, such as the publication of strategic studies, regarding hypotheses other than those referred to in the caput.

CHAPTER III

COOPERATION AND INFORMATION EXCHANGE

Article 6. Coaf will promote interlocution with the bodies and entities whose servers compose its Plenary, with the competent authorities, and with the other regulators and supervisors of the persons referred to in Article 9 of Law No. 9,613, of March 3, 1998, with a view to cooperation and information exchange in the performance of its competencies and duties.

§ 1º. The exchange of confidential information between Coaf and the bodies and entities referred to in the caput implies the transfer of responsibility for preserving confidentiality and will strictly observe the hypotheses provided for by law.

§ 2º. Coaf may establish mechanisms for the compatibility of computerized systems, in order to facilitate the electronic exchange of information with the bodies and entities referred to in the caput that have an environment suitable for preserving the required security and confidentiality.

Article 7. Coaf may share information with authorities of other countries and international organizations, based on reciprocity or agreements, observing the pertinent legal provisions.

Sole Paragraph. Upon receiving information from an authority of another country, Coaf will analyze its adequacy and the appropriateness of carrying out a corresponding sharing with other bodies or entities.

CHAPTER IV

SUPERVISION ACTIONS

Article 8. Coaf will verify compliance with the duties attributed to persons obligated by law through the following supervision actions:

I - with respect to persons directly subject to Coaf's supervision, in the form of Article 14, § 1º, of Law No. 9,613, of March 3, 1998:

a) regulation of compliance with the duties referred to in the caput, issuing instructions and establishing the form, conditions, and discipline to be observed;

b) supervision of compliance with the duties referred to in the caput, including regarding the observance of the instructions, form, conditions, and discipline referred to in item “a”; and

c) application of the sanctions provided for in Article 12 of Law No. 9,613, of March 3, 1998, through an administrative sanctioning process governed in the form of Article 6 of Law No. 13,974, of January 7, 2020; and

II - with respect to the other actors in the Brazilian AML/CFT system:

a) coordination and proposal of cooperation mechanisms and information exchange that enable rapid and efficient AML/CFT actions; and

b) promotion of institutional interlocution with national, foreign, and international bodies and entities that have a connection with its activities, including supervisors or regulators of the obligated persons referred to in the caput.

Article 9. Coaf's supervision, in the performance of its supervisory competencies, will cover work aimed at guiding, promoting, and assessing compliance with the duties attributed by Law No. 9,613, of March 3, 1998, to persons directly subject to Coaf's supervision, including through actions of:

I - request for information for the diagnosis of segments supervised by Coaf, with a view to improving the effectiveness of supervision; and

II - encouragement of the culture of observance of the duties related to the control mechanism disciplined in Chapters V to VII of Law No. 9,613, of March 3, 1998, and the related regulation issued by Coaf. (Wording given by BCB Resolution No. 558, of 4/23/2026.)

Article 10. Upon completion of the supervision work, the proposals for forwarding that result from them will be submitted to the competent authority within the Supervision Directorate, observing the objectives of the supervisory action and the administrative decisions of the Coaf Plenary. (Wording given by BCB Resolution No. 558, of 4/23/2026.)

TITLE III

ORGANIZATIONAL STRUCTURE

Article 11. Coaf has the following organizational structure:

I - Presidency;

II - Plenary; and

III - Technical Staff.

TITLE IV

THE PLENARY

CHAPTER I

COMPOSITION AND MEETINGS

Article 12. The Plenary is composed of the President of Coaf and twelve councilors, all chosen and appointed by the President of the Central Bank of Brazil among civil servants holding permanent positions, with unblemished reputation and recognized knowledge in matters of prevention and combat of money laundering.

§ 1º. The members of the Plenary must be chosen from among the personnel of the following bodies and entities: (Transformed into § 1º by BCB Resolution No. 558, of 4/23/2026.)

I - Central Bank of Brazil;

II - Securities and Exchange Commission (CVM);

III - Private Insurance Superintendence (SUSEP);

IV - General Attorney's Office of the National Treasury (PGFN);

V - Special Secretariat of the Federal Revenue of Brazil;

VI - Brazilian Intelligence Agency;

VII - Ministry of Foreign Relations;

VIII - Ministry of Justice and Public Security;

IX - Federal Police;

X - National Superintendence of Complementary Pension;

XI - General Controller of the Union; and

XII - Attorney General's Office of the Union.

§ 2º. Each body or entity referred to in § 1º will indicate one principal member and one alternate, with the latter substituting the principal only in their absences and impediments, without increasing the number of members of the Plenary. (Included by BCB Resolution No. 558, of 4/23/2026.)

§ 3º. The alternates of the councilors and of the President of Coaf will also be chosen and appointed according to the criteria defined in the caput. (Included by BCB Resolution No. 558, of 4/23/2026.)

Article 13. The position of President of Coaf is full-time, and accumulation is not permitted, except as allowed by legislation.

Article 14. The councilor will act in the Coaf Plenary without prejudice to the duties of the position they hold in their home institution.

Article 15. The term of each principal councilor will be three years, starting from the date of the act that attributed to them the condition of member of the Plenary, with one readmission allowed for an equal period. (Wording given by BCB Resolution No. 558, of 4/23/2026.)

§ 1º. The loss of the councilor's mandate will occur in the following hypotheses:

I - absolute civil incapacity;

II - criminal conviction in a final and unappealable judgment;

III - administrative impropriety recognized by a final and unappealable judicial judgment or final decision in an administrative disciplinary process, in accordance with the provisions of Law No. 8,112, of December 11, 1990, and Law No. 8,429, of June 2, 1992;

IV - violation of the provisions of Article 31 of these Internal Regulations; and

V - resignation.

VI - unjustified retention of processes or procrastination in the practice of procedural acts, beyond the legal or regulatory deadlines; and (Included by BCB Resolution No. 558, of 4/23/2026.)

VII - non-compliance, for two consecutive or non-consecutive civil years, with the productivity goals determined by the President. (Included by BCB Resolution No. 558, of 4/23/2026.)

§ 2º. The councilor will automatically lose their mandate if, during their term, they unjustifiably fail to attend:

I - three consecutive judgment sessions of the Plenary;

II - three consecutive administrative sessions of the Plenary; or

III - ten sessions of the Plenary, whether judgment or administrative, interspersed.

§ 3º. Upon completion of the councilor's term, it will automatically extend, on an exceptional basis, until an act of readmission is issued or their successor is designated.

Article 16. There will be administrative and judgment sessions of the Plenary, held in an ordinary manner, according to a calendar defined by the President, and in an extraordinary manner, upon their convocation.

§ 1º. The sessions will have a previously established duration by the President, with the possibility of extension, at their discretion.

§ 2º. The opening of the Plenary sessions and the conduct of votes within its scope require a minimum quorum of participants, necessarily including the President, equivalent to the absolute majority of the members composing the collegiate body at the time of the session.

§ 3º. The Plenary's deliberations will be approved by the majority of the members participating in the corresponding session.

§ 4º. Participation in Plenary sessions may be in person or via videoconference, teleconference, or other electronic means considered adequate by the President, without prejudice to any complementary regulation of the Administrative Sanctioning Process Regulation, in the case of judgment sessions.

§ 5º. In the absences and impediments of the President, or in any circumstance that makes their action unfeasible, even if temporarily, the Plenary sessions and related measures will be conducted by their alternate, who will assume the presidential duties provided for in this Chapter, strictly regarding this conduct. (Wording given by BCB Resolution No. 558, of 4/23/2026.)

§ 6º. The Attorney General of the Central Bank may designate a lawyer of the Central Bank of Brazil with specialized knowledge in matters within Coaf's competence to act in the Plenary sessions, without the right to vote, ensuring faithful observance of laws, decrees, regulations, and other normative instruments.

Article 17. Only the interested parties and their representatives and persons authorized by the President or by the Plenary may participate in the judgment sessions.

Article 18. For the recording of the Plenary's deliberations, it will be:

I - when related to an administrative sanctioning process issued in a judgment session, the drafting of a decision signed by the President and the reporting councilor; and

II - when adopted in an administrative session, the drafting of minutes signed by the President and the Executive Secretary or the adoption of a simplified form of meeting minutes.

§ 1º. There will be a record of all sessions, with the indication of the councilors present and the count of votes cast, as well as reference to any declarations of impediment or suspicion.

§ 2º. The record referred to in § 1º will contain information about relevant manifestations, events, and incidents, as well as the identification of the lawyer of the Central Bank of Brazil who participated in the session.

CHAPTER II

COMPETENCIES

Article 19. It is the competence of the Plenary, without prejudice to the duties of its members, the directors, and members of the Technical Staff and the competencies of the other organizational components:

I - to deliberate on general norms of regulation within Coaf's competence, especially regarding:

a) duties attributed by Law No. 9,613, of March 3, 1998, to persons directly subject to Coaf's supervision; and

b) parameters to be considered, including in terms of prioritization, for the initiation and conduct of Administrative Sanctioning Processes, as well as for the application of the sanctions provided for in Article 12 of Law No. 9,613, of March 3, 1998, respecting the criteria established in legislation;

II - to conduct the process and carry out the judgment for the application of the administrative sanctions provided for in Article 12 of Law No. 9,613, of March 3, 1998, to persons directly subject to Coaf's supervision;

III - to decide on the strategic action guidelines and directions of Coaf proposed by the President and monitor their compliance, through reports by the directors in the first administrative session held each year;

IV - to express an opinion, upon request of the President, on:

a) proposals for international agreements, in matters within Coaf's competence, hearing, when appropriate, the other public bodies or entities involved with the matter;

b) proposals for technical cooperation agreements, conventions, and partnerships with public or private entities, with a view to executing the legal competencies and duties of Coaf; and

c) procedural incidents not expressly governed within the scope of Coaf's Administrative Sanctioning Process Regulation;

V - to invite experts in matters related to Coaf's competence, acting in the public or private sector, with the aim of contributing to the improvement of its activities and processes, notably management and technological innovation, observing by the invitee the preservation of the confidentiality of information of a reserved nature to which they have access; and

VI - to authorize the signing of agreements, contracts, and conventions whose value exceeds R$20,000,000.00 (twenty million reais).

CHAPTER III

DUTIES OF THE PRESIDENT

Article 20. The duties of the President are:

I - to convene sessions and meetings of the Plenary and establish the agenda organization;

II - to preside, with the right to vote, including the casting vote, the sessions and meetings of the Plenary;

III - to give publicity to, execute, and ensure the execution of the Plenary's decisions;

IV - to appoint an expert to assist in the Plenary's activities, when the matter requires specific technical knowledge;

V - to invite a representative of public or private bodies or entities to participate in the Plenary meetings, without the right to vote, observing by the invitee the reservation of confidential information;

VI - to decide on procedural incidents not expressly governed within the scope of the Administrative Sanctioning Process Regulation, with prior opinion of the Plenary when deemed pertinent;

VII - to deliberate ad referendum of the Plenary on matters within the collegiate body's competence, in cases of urgency and relevant interest;

VIII - to preside, with the right to vote, including the casting vote, the meetings of the Management and Governance Committee – CGG instituted by the Plenary, to deal with matters related to Coaf's management and its governance policy, in the form of the governing legislation;

IX - to issue the acts necessary for the execution and improvement of Coaf's activities, including those of a normative nature;

X - to exercise general orientation and supervision of Coaf's activities;

XI - to represent Coaf before authorities and institutions, public or private, national, foreign, or international;

XII - to ensure, in articulation with the other directors of Coaf:

a) the exchange of financial intelligence information;

b) the articulation and institutional cooperation with competent authorities, including those of other countries and international organizations, in matters related to AML/CFT;

c) the implementation and monitoring of Coaf's policies, notably governance, integrity, information security, and institutional risk management; and

d) the protection and prevention of damage to Coaf's institutional image;

XIII - to sign contracts, technical cooperation agreements, conventions, partnerships, or any adjustments in which Coaf appears as a party, with prior opinion of the Plenary, when deemed pertinent or when the provisions of Article 19, caput, item VI apply;

XIV - to authorize the signing of agreements, contracts, and conventions whose value is equal to or less than R$20,000,000.00 (twenty million reais);

XV - to determine the adoption of the necessary diligence to ascertain the responsibility of servers and other persons who may have contributed to the non-compliance with the provisions of Article 31 and to adopt the forwarding of information and communication measures provided for therein;

XVI - to issue the decisions necessary for the initiation, conduct, and judgment of corrective procedures to ascertain functional infractions related to the performance of directors and members of the Technical Staff at Coaf, in the form of applicable legislation;

XVII - to define the matters to be appreciated by the Plenary for the establishment of strategic action guidelines and directions of Coaf;

XVIII - to choose and, as the case may be, appoint, designate, requisition, or request the secondment for the performance of the following duties, observing the professional qualification and academic formation requirements provided for in an act of the Federal Executive Power:

a) Executive Secretary;

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b) Directors: (Revised by Resolution BCB No. 558, of 4/23/2026.)

1. of Financial Intelligence; (Included by Resolution BCB No. 558, of 4/23/2026.)

2. of Supervision; and (Included by Resolution BCB No. 558, of 4/23/2026.)

3. of Institutional Articulation and International Cooperation; (Included by Resolution BCB No. 558, of 4/23/2026.)

c) representatives of Coaf to act in decentralized units; (Revised by Resolution BCB No. 558, of 4/23/2026.)

d) other members of the Technical Staff; and

e) when applicable, substitutes for holders of commissioned positions and trusted functions, as well as their own substitute, without prejudice to the provisions of Art. 16;

XIX - establish collegial bodies within Coaf, including an Ethics Committee, appointing its members and, among them, its president; and

XX - appoint persons responsible for exercising, within Coaf, activities related to the Correctional System and the Ombudsman of the Federal Executive Branch, as well as their substitutes, respecting the relevant legislation.

Sole Paragraph. In the absence of the appointment of a person responsible for activities related to the Correctional System of the Federal Executive Branch, as per item XX of the caput, or the creation of an internal instance for corrective action, as per Art. 30, § 2º, the corrective competencies within Coaf shall observe the provisions of the Internal Regulations of the Central Bank of Brazil.

CHAPTER IV

OF THE ATTRIBUTES OF THE COUNSELORS

Art. 21. The attributes of the counselors are:

I - to cast a vote in processes and express a position on issues submitted to the Plenary;

II - to issue dispatches and monocratic decisions in processes under their reporting, in the cases normatively authorized;

III - to propose to the President the inclusion of matters on the agenda of Plenary sessions or meetings;

IV - to perform other tasks assigned to them by the Plenary or by the President in accordance with these Internal Regulations or the Regulation of the Sanctioning Administrative Process; and

V - to conduct processes that proceed under the summary procedure and to carry out the judgment for the application of administrative sanctions provided for in Art. 12 of Law No. 9.613, of March 3, 1998, ad referendum of the Plenary and in the manner disciplined in the Regulation of the Sanctioning Administrative Process of Coaf. (Included by Resolution BCB No. 558, of 4/23/2026.)

Sole Paragraph. The exercise of the counselor's competencies shall be considered relevant unpaid public service.

TITLE V

OF THE TECHNICAL STAFF

CHAPTER I

OF THE COMPOSITION

Art. 22. The Technical Staff is composed of:

I - civil servants, military personnel, and public employees seconded or requisitioned; and

II - holders of commissioned positions and trusted functions.

Sole Paragraph. The provisions of the caput do not prejudice professional cooperation under the auspices of technical cooperation agreements with public entities or private entities, or of the administrative linkage referred to in Art. 2 of Law No. 13.974, of January 7, 2020, preserving the applicable functional and confidentiality regimes.

Art. 23. The Technical Staff comprises:

I - the Coaf Cabinet – Gabin;

II - the Executive Secretariat – Secre;

III - the Directorate of Financial Intelligence – Difin;

IV - the Directorate of Supervision – Disup; and

V - the Directorate of Institutional Articulation and International Cooperation – Daint. (Included by Resolution BCB No. 558, of 4/23/2026.)

Sole Paragraph. The decentralized units, provided for in Art. 30, and the units directly linked to the Presidency also form part of the Technical Staff. (Included by Resolution BCB No. 558, of 4/23/2026.)

CHAPTER II

OF COMMON ATTRIBUTES

Art. 24. The common attributes of the heads of Secre, Difin, and Disup, to be exercised individually or jointly, within the CGG, observing the corresponding policies and governance rules:

Art. 24. The common attributes of the heads of Secre, Difin, Disup, and Daint, to be exercised individually or jointly, observing the corresponding policies and governance rules: (Revised by Resolution BCB No. 558, of 4/23/2026.)

I - to guide and supervise the activities of the organizational components subordinate to them;

II - to exercise the competencies of the organizational component of which they are the head personally or, at their discretion, through the distribution of activities among the organizational components subordinate to them and the agents who integrate them;

III - to propose or establish, when they have the attribute for such, formal acts of a normative nature, as well as non-normative acts of an orienting or technical-operational nature, to regulate matters related to their attributes or areas of operation;

IV - to supervise requisitions or requests for data and information for the performance of activities related to their attributes or areas of operation;

V - to advise the President on matters related to their areas of operation;

VI - to monitor Plenary sessions when they involve matters related to their areas of operation;

VII - to collaborate with the President in the formulation and evaluation of Coaf's operational guidelines, as well as to establish action priorities and verify the fulfillment of goals resulting within the organizational components subordinate to them;

VIII - to promote, in accordance with the guidelines established by the President and with Coaf's policies and governance rules:

a) articulation with authorities and institutions, public or private, national, foreign, or international, in matters of AML/CFT;

b) integrity, compliance, internal control, risk management, and institutional security;

c) protection and prevention of damage to institutional image; and

d) institutional representation before public powers and authorities, national, foreign, or international; and

IX - to exercise other attributes assigned to them by the President.

Art. 25. The common attributes of the heads of General Coordinations and of the heads of positions or functions of the same level, in addition to those provided for in Art. 24, caput, items I to III and VII, are:

I - to advise managers and guide the response to inquiries on matters related to their respective areas of operation;

II - to monitor Plenary and CGG sessions or meetings when summoned by a manager;

III - to effectuate requisitions or requests for data and information for the performance of activities related to their attributes or areas of operation;

IV - to propose the signing and monitor the execution of contracts, technical cooperation agreements, conventions, partnerships, or any adjustments related to their respective areas of operation;

V - to analyze information demands related to their area of operation and take the necessary measures to respond; and

VI - to exercise other attributes assigned to them by the manager to whom they are linked.

Sole Paragraph. The provisions of the caput also apply to the heads of organizational components equivalent to General Coordinations, as such defined by an act of the President, regardless of the level of the position or function attributed to their head.

CHAPTER III

OF THE COAF CABINET – GABIN

Art. 26. Gabin is responsible for advising the President and the other managers of Coaf in the fulfillment of their attributes and for managing and executing activities related to:

I - matters of a technical or administrative nature assigned to it;

II - documentation and correspondence, within Gabin;

III - the daily agenda of Coaf managers;

IV - internal and external communication and institutional dissemination;

V - Coaf's participation in events of institutional interest;

VI - the processing, examination, and drafting of normative proposals on matters of interest to Coaf; and

VII - coordination of the response to information access demands.

VII - coordination of the response to information access demands, public service, ombudsman, and ceremonial. (Revised by Resolution BCB No. 558, of 4/23/2026.)

CHAPTER IV

OF THE EXECUTIVE SECRETARIAT – SECRE

Art. 27. Secre is responsible for conducting activities related to:

I - strategic and organizational management and institutional development;

II - administrative and documentary management;

III - technology and information management;

IV - innovation, prospecting, and development of technological solutions;

V - implementation of institutional security policies;

VI - public service and ombudsman;

VI - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

VII - secretariat of the Plenary's work and of its members in deliberations related to strategic guidelines and orientations, as well as of internal commissions and collegial bodies; and

VIII - evaluation of proposals for mechanisms of cooperation and exchange of information between competent bodies, as per Art. 14, § 2º, of Law No. 9.613, of March 3, 1998, in articulation with the other managers.

CHAPTER V

OF THE DIRECTORATE OF FINANCIAL INTELLIGENCE – DIFIN

Art. 28. Difin is responsible for conducting activities related to:

I - receipt and treatment or analysis of financial intelligence elements;

I - receipt, treatment, analysis, production, and dissemination of financial intelligence; (Revised by Resolution BCB No. 558, of 4/23/2026.)

II - production and dissemination of financial intelligence;

II - creation of data and information treatment or analysis solutions necessary for the production of financial intelligence; (Revised by Resolution BCB No. 558, of 4/23/2026.)

III - management of mechanisms and solutions for data and information treatment or analysis necessary for the production of financial intelligence;

III - mechanisms of cooperation, sharing, and exchange of information, in the country and abroad, that enable rapid and efficient actions in matters related to AML/CFT; (Revised by Resolution BCB No. 558, of 4/23/2026.)

IV - mechanisms of cooperation, sharing, and exchange of information, in the country and abroad, that enable rapid and efficient actions in matters related to AML/CFT; and

IV - development of financial intelligence products and services, notably of a strategic nature, to improve the performance of members of the AML/CFT system; and (Revised by Resolution BCB No. 558, of 4/23/2026.)

V - development of financial intelligence products and services, notably of a strategic nature, to improve the performance of members of the AML/CFT system.

V - articulation with supervisors, obligated parties, and competent authorities to improve communications and the quality of information used in the production of financial intelligence. (Revised by Resolution BCB No. 558, of 4/23/2026.)

CHAPTER VI

OF THE DIRECTORATE OF SUPERVISION – DISUP

Art. 29. Disup is responsible for:

I - conducting activities related to:

a) continuous evaluation and proposal of improvements, for Plenary deliberation, of the regulation of AML/CFT duties of persons directly subject to Coaf supervision as per Art. 14, § 1º, of Law No. 9.613, of March 3, 1998;

b) inspection of compliance with AML/CFT duties by persons directly subject to Coaf supervision as per Art. 14, § 1º, of Law No. 9.613, of March 3, 1998;

c) secretariat of the Plenary's work and monitoring and advising its members in the conduct and judgment of sanctioning administrative processes;

d) interlocution with segments of obligated persons referred to in Art. 9 of Law No. 9.613, of March 3, 1998, their members and representative entities, as well as their inspectors or regulators and other competent authorities, with a view to adopting measures related to AML/CFT supervision;

e) requisition of information and documents from obligated persons listed in Art. 9 of Law No. 9.613, of March 3, 1998;

f) procedural communication to natural and legal persons within the scope of sanctioning administrative processes;

g) publication of acts and decisions, when deemed appropriate, within the scope of sanctioning administrative processes; and

h) fostering the culture of observance of AML/CFT obligations and duties by persons subject to Coaf supervision, through guidance, communication, and incentives to adopt best practices; and (Included by Resolution BCB No. 558, of 4/23/2026.)

II - to decide:

a) on the archiving of investigations and other inspection work and on the initiation of a sanctioning administrative process;

b) on the granting of time extensions within the scope of sanctioning administrative processes, without prejudice to cases of the reporter's competence;

c) on requests for installment payment of debts resulting from sanctioning administrative processes, when applicable according to the regulation issued by the Central Bank of Brazil on the matter; and

d) on the adoption of the recommendations proposed as a result of investigations and other inspection work. (Included by Resolution BCB No. 558, of 4/23/2026.)

CHAPTER VII

OF THE DIRECTORATE OF INSTITUTIONAL ARTICULATION AND INTERNATIONAL COOPERATION – DAINT

(Chapter VII included by Resolution BCB No. 558, of 4/23/2026.)

Art. 29-A. Daint is responsible for conducting activities related to: (Included by Resolution BCB No. 558, of 4/23/2026.)

I - coordination of Coaf's action in international organizations, networks, and forums, as well as management of bilateral and multilateral international cooperation, including the negotiation and implementation of technical cooperation agreements and initiatives; (Included by Resolution BCB No. 558, of 4/23/2026.)

II - monitoring and tracking of international commitments assumed by the country in matters of AML/CFT, including international assessment processes and respective follow-up actions; (Included by Resolution BCB No. 558, of 4/23/2026.)

III - conduct of the National Risk Assessment of Money Laundering, Terrorist Financing, and Financing of Proliferation of Weapons of Mass Destruction – ANR and coordination of Coaf's participation in the National Risk Assessment Working Group – GTANR; (Included by Resolution BCB No. 558, of 4/23/2026.)

IV - articulation of Coaf's institutional positions on international themes and promotion of integration between national and international agendas in matters of AML/CFT; (Included by Resolution BCB No. 558, of 4/23/2026.)

V - promotion of inter-institutional articulation with national and international bodies and entities, including within the Council, to monitor the effectiveness of the AML/CFT system and prepare for international assessments; (Included by Resolution BCB No. 558, of 4/23/2026.)

VI - support for governance and implementation of national AML/CFT policies; (Included by Resolution BCB No. 558, of 4/23/2026.)

VII - advising the Presidency and the other units of Coaf in defining strategic positions and in analyzing relevant international themes; and (Included by Resolution BCB No. 558, of 4/23/2026.)

VIII - production and systematization of information and analyses on international trends, risks, and patterns in matters of AML/CFT, with a view to supporting decision-making. (Included by Resolution BCB No. 558, of 4/23/2026.)

TITLE VI

OF THE OTHER INTERNAL INSTANCES

Art. 30. The competencies and attributes of internal instances, as well as of their members, not specifically disciplined in these Internal Regulations, including collegial bodies and other congenial instances created within Coaf, may be defined by an act of the President.

Art. 30. The competencies and attributes of internal instances, as well as of their members, not specifically disciplined in these Internal Regulations, including collegial bodies, decentralized units, and other congenial instances created within Coaf, may be defined by an act of the President. (Revised by Resolution BCB No. 558, of 4/23/2026.)

§ 1º An Ethics Committee of Coaf shall be created in the manner of the caput, a collegial body whose competencies shall cover the following:

§ 1º An Ethics Committee of Coaf shall be instituted, disciplined in its own regulation, approved by an act of the President, observing the provisions of the Code of Professional Ethics of the Civil Public Servant of the Federal Executive Branch and the norms of the Public Ethics Commission, with the duty to act in the promotion of ethics and in the investigation of conduct in the ethical sphere. (Revised by Resolution BCB No. 558, of 4/23/2026.)

I - to promote the adoption and application of the norms of the Code of Professional Ethics of the Civil Public Servant of the Federal Executive Branch;

I - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

II - to support Coaf members in decision-making concerning acts that may imply non-compliance with the norms of the Code of Professional Ethics of the Civil Public Servant of the Federal Executive Branch;

II - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

III - to formulate consultations to the Public Ethics Commission on issues related to ethical norms and conduct;

III - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

IV - to resolve doubts regarding the application to Coaf staff members of conduct norms and to deliberate on omitted cases, observing the orientations of the Public Ethics Commission;

IV - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

V - to advise the Coaf member on ethics in dealing with people and public property;

V - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

VI - to promote the dissemination of values, principles, and norms related to ethical conduct in Coaf;

VI - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

VII - to initiate, ex officio or due to a complaint or representation, a procedure on an act, fact, or conduct that indicates signs of transgression of a principle or ethical norm;

VII - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

VIII - to receive communications, representations, or complaints on ethical issues and proceed to investigation;

VIII - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

IX - to apply to the Coaf member a measure of censure, by reasoned decision, guaranteed the right to contradict and full defense, and to send a copy of the act to the competent human resources body and to the Public Ethics Commission, and may also:

IX - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

a) recommend to the President of Coaf, when appropriate, the dismissal from the position or commissioned function;

a) (Revoked by Resolution BCB No. 558, of 4/23/2026.)

b) forward, when applicable, correspondence to the relevant corrective instance, for examination of eventual disciplinary transgression;

b) (Revoked by Resolution BCB No. 558, of 4/23/2026.)

c) communicate the application of the measure, when applicable, to the professional entity in which the Coaf member is registered due to professional exercise; and

c) (Revoked by Resolution BCB No. 558, of 4/23/2026.)

d) adopt other measures to prevent or remedy ethical breaches, and, if applicable, sign a Personal and Professional Conduct Agreement – ACPP;

d) (Revoked by Resolution BCB No. 558, of 4/23/2026.)

X - supervise compliance with the Code of Conduct for Senior Federal Administration and report to the Public Ethics Commission situations that may constitute non-compliance with its rules;

X - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

XI - submit to the Public Ethics Commission suggestions for improving the Professional Ethics Code for Civil Servants of the Federal Executive Branch and the Code of Conduct for Senior Federal Administration;

XI - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

XII - issue its Internal Regulations and analyze the need for their update at least every four years;

XII - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

XIII - resolve doubts in the interpretation of its Internal Regulations and resolve omitted cases arising from its application;

XIII - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

XIV - recommend, monitor, and evaluate the development of actions aimed at promoting ethics within Coaf;

XIV - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

XV - represent Coaf in the Ethics Network of the Federal Executive Branch;

XV - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

XVI - summon a member of Coaf or invite other persons to provide information during the course of a procedure to investigate possible ethical breaches;

XVI - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

XVII - request expert opinions and require from those involved, public agents, and agencies and entities of other federative entities or other Branches of the Republic information and documents necessary to support procedures to investigate possible ethical breaches;

XVII - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

XVIII - draft and execute the ethics management work program; and

XVIII - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

XIX - designate members of Coaf to contribute to actions aimed at promoting ethics within its scope.

XIX - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

§ 2º In the event that an internal instance specifically tasked with activities related to the Correctional System of the Federal Executive Branch is created in the manner set forth in the main text, its competencies shall include the following:

§ 2º The Ombudsman’s Office of Coaf shall be established, in accordance with Decree No. 9,492, of September 5, 2018, directly subordinate to the Presidency of Coaf. (Wording given by Resolution BCB No. 558, of 4/23/2026.)

I - exercise the activities of a unit of the Correctional System of the Federal Executive Branch, administratively linked to the Central Bank of Brazil and technically to the Office of the Comptroller General of the Union;

I - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

II - receive representations and complaints related to the performance of councilors and members of the Technical Staff of Coaf and assess their admissibility;

II - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

III - initiate, conduct, propose, or promote other relevant forwarding, according to the applicable competence regime, ex officio or due to representations and complaints, the initiation of corrective procedures and processes to investigate the responsibility of councilors for acts related to the exercise of their mandate, and of members of the Technical Staff of Coaf;

III - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

IV - forward to the Office of the Comptroller General of the Union or to the President of the Central Bank of Brazil, according to the applicable competence regime, representations and complaints regarding acts of the President of Coaf;

IV - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

V - receive, for analysis of corrective and procedural regularity aspects, as well as for relevant forwarding, the conclusion of investigations into disciplinary offenses attributed to councilors or members of the Technical Staff of Coaf;

V - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

VI - forward to the police authority or the Public Ministry a copy of the records, when the fact addressed in the inquiry or disciplinary administrative process also constitutes a criminal offense;

VI - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

VII - determine or propose the suspension, according to the applicable competence regime, of councilors and members of the Technical Staff of Coaf, as a precautionary measure, so as not to influence the investigation of the irregularity;

VII - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

VIII - support the identification of risks and vulnerabilities to integrity, as well as their treatment, notably through actions of dissemination, training, guidance, and instruction on integrity standards, conduct rules, and discipline; and

VIII - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

IX - assist the Presidency in corrective matters.

IX - (Revoked by Resolution BCB No. 558, of 4/23/2026.)

§ 3º An internal control unit may be created within Coaf, directly linked to the Presidency of Coaf, observing, where applicable, Decree No. 3,591, of September 6, 2000. (Included by Resolution BCB No. 558, of 4/23/2026.)

TITLE VII

OF PROHIBITIONS

Art. 31. It is prohibited for the President, the councilors, and the members of the Technical Staff:

I - to participate, in the capacity of controller, administrator, managing agent, or attorney, in legal entities with activities related to those described in the main text and the sole paragraph of Art. 9 of Law No. 9,613, of March 3, 1998;

II - to issue opinions on matters within their specialization, outside their functional duties, even in theory, or to act as consultants for the legal entities referred to in item I of the main text;

III - to express, in any means of communication, an opinion on a process pending judgment at Coaf; and

IV - to provide or disclose information known or obtained as a result of the exercise of their functions to persons who do not have legal or judicial authorization to access them.

§ 1º The offense resulting from non-compliance with item IV of the main text shall be subject to the provisions of Art. 10 of Complementary Law No. 105, of January 10, 2001.

§ 2º The President of Coaf, in the event of non-compliance with the provisions of the main text, shall adopt the necessary diligence to investigate the responsibility of the servers and other persons who may have contributed to the fact and shall forward a detailed report to the police authority or the Public Ministry for the adoption of appropriate measures.

§ 3º The measures provided for in § 2º shall be adopted by the President of the Central Bank of Brazil if there are indications of authorship or participation by the President of Coaf.

TITLE VIII

OF THE OPERATION OF THE OFFICE OF THE CHIEF LEGAL COUNSEL OF THE CENTRAL BANK – PGBC

Art. 32. It is the responsibility of the Office of the Chief Legal Counsel of the Central Bank – PGBC, without prejudice to other competencies provided for in specific legislation and its role as the legal body of the Central Bank of Brazil:

I - to exercise the judicial and extrajudicial representation of Coaf and, observing applicable legislation, that of its executives and servers and other agents, regarding acts performed in the exercise of their functional duties;

II - to perform legal consultancy and advisory activities within Coaf, including participating in Plenary sessions, as provided for in Art. 16, § 6º;

III - to ascertain the liquidity and certainty of credits, of any nature, inherent to Coaf’s activities, registering them as active debt, for the purpose of friendly or judicial collection;

IV - to assist Coaf executives in controlling the legality of acts to be performed or already effected by them;

V - to establish the interpretation of the Constitution, laws, treaties, and other normative acts, within the scope of Coaf; and

VI - to request, within Coaf, the factual and legal elements necessary for the performance of the duties of members of the Career of Legal Counsel of the Central Bank of Brazil.

TITLE IX

OF ADMINISTRATIVE LINKAGE TO THE CENTRAL BANK OF BRAZIL

Art. 33. To carry out administrative activities aimed at enabling the performance of its competencies and duties, Coaf shall resort, as necessary and without prejudice to its technical and operational autonomy, to the direct or indirect support of the Central Bank of Brazil, observing the administrative linkage provided for in Art. 2 of Law No. 13,974, of January 7, 2020, especially regarding:

I - advisory services for parliamentary matters;

II - internal control;

III - accountability;

IV - ombudsman;

V - handling of information access requests;

VI - accounting and budgetary and financial management;

VII - strategic, organizational, and human resources management;

VIII - logistics, infrastructure maintenance, and asset management;

IX - document management;

X - security;

XI - information and communication technology and cybersecurity;

XII - innovation, prospecting, and development of technological solutions;

XIII - citizen service;

XIV - institutional communication;

XV - credit control and collection; and

XVI - integrity.

§ 1º In the performance of its competencies related to the matters referred to in the main text, the organizational components of Coaf shall, when necessary, articulate with the competent units of the Central Bank of Brazil, resorting to the support and assistance provided for in this article.

§ 2º Until a specific internal audit unit for Coaf is structured, audit activities within its scope shall observe the provisions of the Internal Regulations of the Central Bank of Brazil.

§ 3º The administrative linkage provided for in this article does not affect or prejudice the budgetary appropriations specifically allocated to Coaf nor other sources of institutional support it may have.

TITLE X

FINAL PROVISIONS

Art. 34. The organizational structure and the demonstrative table of positions and functions of Coaf are subject to definition by a specific act approved by the Collegiate Board of the Central Bank of Brazil.

Art. 35. Resolutions of the Plenary of Coaf may approve, among others, complementary norms and procedures regarding its functioning and the order of its work, respecting the provisions of this Internal Regulations.