BCB Resolution No. 72 of February 12, 2021

VOTE

BCB RESOLUTION NO.
72, OF FEBRUARY 12, 2021

Amends Circular No. 3,952, of June 27, 2019, disposing on the carrying out of new stages of homologatory tests by accredited institutions and registrant entities and extending the date for entry into force of said Circular.

The Collegiate Board of the Central Bank of Brazil, in an extraordinary session held on February 11, 2021, based on arts. 9 of Law No. 4,595, of December 31, 1964, 28, paragraph II, of Law No. 12,810, of May 15, 2013, 9, paragraphs 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 provision of art. 2, paragraph II, letter "b", of Resolution No. 4,593, of August 28, 2017,

R E S O L V E :

Art. 1st The Circular
No. 3,952, of June 27, 2019, shall enter into force with the following changes:

"Art. 15-C. The accredited institutions that have participated in the first cycle of homologatory tests, according to the schedule referred to in paragraph I of art. 15-B, and have carried out these tests through registrant entities whose systems have been considered, on February 1, 2021, unfit for carrying out the activity of registering receivables of a payment arrangement, under terms of this Circular, must carry out, successfully, new homologatory tests with at least one registrant entity whose system has been considered fit until the date of February 1, 2021." (NR)

"Art. 15-D. The registrant entities responsible for payment arrangement receivables registration systems and the accredited institutions must be able to comply with the provision of this Circular from the date mentioned in paragraph II of art. 17.

§ 1st The fitness referred to in the caput will be attested by compliance, with success, of all stages of integration homologatory tests referred to in art. 15-A, according to the schedule mentioned in paragraph I of art. 15-B.

§ 2nd Non-compliance with any stage of the homologatory tests referred to in art. 15-A subjects the registrant entities to sanctions and other administrative measures provided for in current legislation, as well as, at the discretion of the Central Bank of Brazil, to provisional suspension of registration activities and creation of liens on receivables of payment arrangements from the date referred to in paragraph II of art. 17.

§ 3rd Non-compliance with any stage of the homologatory tests referred to in art. 15-A subjects the accredited institutions to sanctions and other administrative measures provided for in current legislation, as well as, at the discretion of the Central Bank of Brazil, to partial or total provisional suspension of their activities, including the performance of the accreditation service and the advance of receivables of a payment arrangement, from the date referred to in paragraph II of art. 17 of this Circular.

§ 4th The Central Bank of Brazil, when determining the suspension treated in §§ 2nd and 3rd, will establish the conditions under which this suspension will be lifted." (NR)

"Art. 17. ...........................................................................................................

I - on its publication date, regarding Chapter V and arts. 15-A, 15-B, 15-C and 15-D;

II - on June 7, 2021, regarding the remaining provisions." (NR)

Art. 2nd Are revoked §§ 5th and 6th of art. 15-A of Circular No. 3,952, of 2019.

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

Otávio
Ribeiro Damaso João Manoel Pinho de Mello
Regulation Director Organization Director of
Financial System and Resolution