2023-05-02 | Instrução Normativa BCB 377Added
Instruction Normative BCB No. 377 establishes a mandatory schedule for financial institutions participating in Open Finance to execute conformity engine tests and publish their Open Data APIs for Capitalization, Pension, and Personal Insurance. The regulation sets specific deadlines between May 5, 2023, and June 16, 2023, requiring institutions to achieve success rates of at least 25%, 50%, 75%, and finally 100% of test modules before publishing the APIs in the Open Finance directory. It also grants the Open Finance Governance Structure the authority to issue directives prioritizing specific tests and defines the calculation methods for test success, including exclusions for specific endpoints and modules. The instruction entered into force on the date of its publication.
BCB published 15 documents in the last 30 days — get each new one by email the day it lands.
Resolution No. 222
INSTRUCTION NORMATIVE BCB No. 377, OF MAY 2, 2023
Discloses the
schedule for the control points of the production publication process of
version 1.0.0 (or later) of the APIs of open data for Capitalization, Pension and Personal Insurance of Open Finance.
The Heads of the Department of Supervision of Cooperatives and Non-Bank Institutions (Desuc) and the Banking Supervision Department (Desup), in the exercise of the authority granted to them by art. 23, item I, letter "a" of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84,287, of February 27, 2015, with basis in art. 3, item II, of Resolution BCB No. 32, of October 29, 2020,
Read the rest free, and get an email when BCB publishes again
Source: Banco Central do Brasil — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
More like this from BCB
BCB published 15 documents in the last 30 days. We email you each new one the day it's published.