Regulatory Alerts2026-03-04 | Instrução Normativa BCB 714Central Bank of Brazil Instruction Normative No. 714 of March 4, 2026
The Central Bank of Brazil issued Instruction Normative No. 714 to establish the specific document models and procedures required for authorizing payment arrangements and communicating changes within the Brazilian Payment System (SPB). The regulation mandates that all authorization requests and alteration communications be submitted digitally to the Department of Competition and Market Structure, accompanied by a mandatory compliance declaration and a cross-reference index. It further requires payment arrangement issuers to publish updated regulations on their websites and adhere to strict risk management, transparency, and interoperability standards.
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