2021-03-10

Added 2026-09-27

Coaf Normative Instruction No. 6 of March 10, 2021 - Establishes parameters for admitting the exemption provided for in Article 13 of Resolution No. 36 of March 10, 2021

This instruction establishes parameters for supervised entities to be exempt from certain provisions of Resolution No. 36/2021 if they fall under the 'smaller size and volume of operations' category, defined as entities enrolled in the Simples National regime with annual financial movements not exceeding twice their annual revenue limit. Eligible entities must document and approve a detailed justification concluding that their updated internal risk assessment indicates low risks of money laundering, terrorist financing, and weapons of mass destruction financing. The exemption does not shield entities from administrative sanctions for non-compliance if their conclusion is found to be inconsistent, and the regulation enters into force on June 1, 2021.

Brazil

Conselho de Controle de Atividades Financeiras

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Establishes parameters for admitting the exemption provided for in Article 13 of Resolution No. 36 of March 10, 2021, of the Financial Activities Control Council (Coaf)

Published on 12/03/2021 20:19Modified 6 years ago

OFFICIAL GAZETTE OF THE UNION

Published on: 11/03/2021 | Edition: 47 | Section: 1 | Page: 55

Agency: Ministry of Economy/Bank of Brazil/Financial Activities Control Council

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Source: Conselho de Controle de Atividades Financeiras — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works