Regulatory Alerts2026-02-19 | Resolução BCB 549BCB Resolution No. 549 — Amending Annex II to BCB Resolution No. 108 Regarding Administrative Timelines for Economic Activity Licensing
The Board of Directors of the Central Bank of Brazil issued Resolution No. 549 on February 19, 2026, to amend the specific administrative processing timelines for licensing economic activities. The resolution updates Annex II of Resolution No. 108, establishing a 280-day proposal analysis phase and an 80-day implementation analysis phase for various Financial Market Systems. Additionally, it sets a 360-day proposal analysis phase and a 720-day second phase for the authorization of virtual asset service providers operating in Brazil.
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