2017-11-13 | Lei 13.506/2017

Added 2026-09-27

Law No. 13,506 of November 13, 2017 – Sanctioning Administrative Process in the Scope of the Central Bank of Brazil and the Securities and Exchange Commission

The law establishes a sanctioning administrative process applicable to financial institutions, other entities supervised by the Central Bank of Brazil, and participants in the Brazilian Payments System, defining a list of prohibited conduct and distinguishing serious infractions that may affect liquidity, solvency, market discipline, or the regular functioning of the financial system. It sets out penalties—including public admonition, fines up to 0.5 % of the prior‑year financial services revenue or R$ 2 billion, prohibitions on services or activities, disqualification from management positions, and revocation of operating authorisation—along with criteria for their application, coercive and precautionary measures, and a term‑of‑commitment mechanism that can suspend or halt proceedings. The law also amends numerous existing statutes and revokes specific provisions, thereby integrating the new regime into the broader regulatory framework.

Brazil

Congresso Nacional do Brasil

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LAW NO. 13,506, OF NOVEMBER 13, 2017

President of the Republic

I hereby make known that the National Congress decrees and I sanction the following Law:

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CHAPTER I

PRELIMINARY PROVISIONS

Article 1

This Law provides for the sanctioning administrative process in the spheres of activity of the Central Bank of Brazil and the Securities and Exchange Commission.

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CHAPTER II

THE SANCTIONING ADMINISTRATIVE PROCESS IN THE SCOPE OF THE CENTRAL BANK OF BRAZIL

Section I – Preliminary Provisions

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Lineage: Superseded

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Show all related documents (25)

Superseded by

Law No. 14,286 of December 29, 2021 – Brazilian foreign exchange market, Brazilian capital abroad and foreign capital in Brazil2021

Supersedes

Law No. 2224 of 2001not in RegAlertLaw No. 23258 of 1933not in RegAlertLaw No. 4380 of 1964not in RegAlertLaw No. 448 of 1969not in RegAlertLaw No. 9447 of 1997not in RegAlert

Amends

Law No. 12,865, of October 9, 2013 — payment arrangements and payment institutions that are part of the Brazilian Payment System2013Law No. 11371 of 2006not in RegAlertLaw No. 11795 of 2008not in RegAlertLaw No. 12810 of 2013not in RegAlertLaw No. 4131 of 1962not in RegAlertLaw No. 4595 of 1964not in RegAlert

+5 more

Law No. 4829 of 1965not in RegAlertLaw No. 6024 of 1974not in RegAlertLaw No. 6385 of 1976not in RegAlertLaw No. 7492 of 1986not in RegAlertLaw No. 9069 of 1995not in RegAlert

Basis for

Central Bank Resolution CMN No. 5314 - Adjusts Norms Applicable to Definitions of Resource Sources and Extensions of Rural Credit Operations2026BCB Resolution No. 274 — Amending Resolution BCB No. 131 to Align Penalty Application with Law No. 14,286/20212022

Refers to

Complementary Law No. 130, of April 17, 2009 – National Cooperative Credit System2009Complementary Law No. 105 of January 10, 2001 — Secrecy of Operations of Financial Institutions2001Law No. 9,613 of March 3, 1998 — Money Laundering Crimes; Prevention of Financial System Use for These Illicit Acts; Creation of COAF1998

Referred to by

CMN Resolution No. 5,061 — Organization and Operation of Service Confederations2023Law No. 14,478, of December 21, 2022 — Guidelines for the Provision of Virtual Asset Services and the Regulation of Virtual Asset Service Providers2022Resolution CMN No. 4,935 — Dispenses on the Hiring of Correspondents in the Country by Financial Institutions and Other Institutions Authorized to Operate by the Central Bank of Brazil2021

Timeline

Amended 1 time · last 2021-12-29

• 2021-12-29BR-LAWLaw No. 14,286 of December 29, 2021 – Brazilian foreign exchange market, Brazilian capital abroad and foreign capital in Brazilsupersedes

This document amends: Law No. 12,865, of October 9, 2013 — payment arrangements and payment institutions that are part of the Brazilian Payment System

Source: Congresso Nacional 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