2023-05-31 | Instrução Normativa BCB 387Added
This instruction establishes a mandatory schedule for financial institutions participating in Open Finance to execute tests and publish their Investment client data APIs and Consents and Resources APIs. Institutions must achieve specific success rates in compliance engine tests by July 26, August 9, August 23, and September 7, 2023, culminating in functional certification and publication by September 29, 2023. The Open Finance Governance Structure may issue directives to prioritize specific test modules or require re-execution within strict timeframes to ensure timely maturity of compliance engines.
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INSTRUÇÃO NORMATIVA BCB Nº 387, DE 31 DE MAIO DE 2023
Publishes the schedule for the control points of the production publication process for version 1.0.0 (or later) of the Investment Client Data APIs and the Consents and Resources APIs of Open Finance.
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 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, 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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