2023-03-02 | Instrução Normativa BCB 357Added
Normative Instruction BCB No. 357 establishes a mandatory schedule for financial institutions participating in Open Finance to execute compliance engine tests for the production publication of version 1.0.0 (or later) of the Open Data APIs for Foreign Exchange, Investments, and Accreditation. The instruction sets specific deadlines for achieving minimum success rates of 25%, 50%, 75%, and 100% in test modules, culminating in a final deadline for publishing the Open Finance directory APIs. It also grants the Open Finance Governance Structure the authority to issue directives prioritizing specific tests and requiring re-execution within strict timeframes, with non-compliance to be recorded via the service desk.
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INSTRUÇÃO NORMATIVA BCB Nº 357, DE 2 DE MARÇO DE 2023
Publishes the schedule for the control points of the process for production publication of version 1.0.0 (or later) of the Open Finance open data APIs for Foreign Exchange, Investments, and Accreditation.
The Heads of the Department of Supervision of Cooperatives and Non-Bank Institutions (Desuc) and the Department of Banking Supervision (Desup), in the exercise of the authority conferred upon 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, based on art. 3, item II, of BCB Resolution No. 32, of October 29, 2020,
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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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