BCB Resolution No. 49 — Amends Circular No. 3,885 of March 26, 2018

BCB RESOLUTION
NO. 49, OF DECEMBER 15, 2020

Regulatory document revoked, as of 3/5/2021, by BCB Resolution No. 80, of 3/25/2021.

Amends Circular No. 3,885, of March 26, 2018, which establishes the requirements and procedures for authorization to operate, change of control and corporate reorganization, cancellation of the authorization to operate, conditions for holding administrative positions in payment institutions and authorization for the provision of payment services by financial institutions and 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 December 15, 2020, based on arts. 6, item III, items “b” and “h”, and 9, items II and X, of Law No. 12,865, of October 9, 2013, and having in view the provisions of Resolution No. 4,282, of November 4, 2013,

RESOLVES:

Art. 1º Circular No. 3,885, of March 26, 2018, shall enter into force with the following alterations:

“Art. 4º ......

......

§ 5º ......

I - store the set of data related to the credentials of end users sufficient to authenticate the payment transaction before the institution holding the account;

......

§ 6º The prohibitions established in items I and III of § 5 of the main text do not apply to the services of processing and storage of data and cloud computing when provided by a payment transaction initiating institution to institutions authorized to operate by the Central Bank of Brazil, based on a contractual relationship, observing the current regulation, especially that which provides for:

......”
(NR)

Art. 2º This Resolution enters into force on the date of its publication.

Otávio Ribeiro Damaso
Director of Regulation