RegAlert2021-12-10 | Instrução Normativa BCB 205Added · Updated
Normative Instruction BCB No. 205 — Publishes deadlines for the phased and efficient launch of interfaces dedicated to data sharing on products and services available for contracting through the service channels, including those in the country, of institutions participating in Open Banking
This instruction establishes specific deadlines for participating institutions in Open Banking to implement the phased and efficient launch of APIs for data sharing on products and services. Functional certification of APIs must be obtained between December 15, 2021, and the respective registration deadlines, which are March 4, 2022, for insurance and capitalization, March 11, 2022, for payment arrangement services, March 18, 2022, for foreign exchange operations, and March 25, 2022, for time deposit accounts and other investment products. The relevant departments of the Central Bank of Brazil will monitor this process and may adopt complementary measures.
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BCB NORMATIVE INSTRUCTION NO. 205, OF
DECEMBER 10, 2021
Publishes deadlines for the phased and efficient launch of interfaces dedicated to data sharing on products and services available for contracting through the service channels, including those in the country, of institutions participating in Open Banking.
The Heads of the Department of Financial System Regulation (Denor), the Department of Information Technology (Deinf), and the Department of Banking Supervision (Desup), using the powers conferred upon them by Arts. 23, item I, letter "a", 62, item IV, 81, item VI, and 116, item I, letter "b", of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84,287, of February 27, 2015, based on Art. 2, §§ 1 and 2, of BCB Resolution No. 109, of June 24, 2021,
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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
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