Normative Instruction BCB No. 387 — Publishes the Schedule for Control Points of the Production Publication Process for Version 1.0.0 (or Later) of the Investment Client Data APIs and the Open Finance Consents and Resources APIs

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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.

R E S O L V E:

Art. 1 This Normative Instruction publishes the control points of the production publication process for version 1.0.0 (or later) of the application programming interfaces (APIs) for Investment Client Data and the Consents and Resources APIs of Open Finance, whose specifications in release candidate are found on the Open Finance portal, which must follow the following schedule:

Date	Description
7/7/2023	Deadline for mandatory execution of the test modules for the Investment APIs (which fall under art. 2, item I), Consents and Resources
26/7/2023	Deadline for execution of tests in the compliance engine and obtaining success in at least 25% of the test modules
09/8/2023	Deadline for execution of tests in the compliance engine and obtaining success in at least 50% of the test modules
23/8/2023	Deadline for execution of tests in the compliance engine and obtaining success in at least 75% of the test modules
07/9/2023	Deadline for execution of tests in the compliance engine and obtaining success in at least 100% of the test modules
14/9/2023	Deadline for request for functional certification
29/9/2023	Deadline for certification and publication of the APIs in the Open Finance directory and for making available the products related to the Investment APIs in the consent journey.

Art. 2 For the calculation of obtaining success:

I - only the endpoints of the APIs that the Institution must make available will be considered, thus considered are the endpoints that deal with products for which it is a participant of Open Finance;

II - at the discretion of the Open Finance Governance Structure (Structure), specific test modules may be disregarded on a certain deadline (for example, due to recent and/or planned relevant changes);

III - the results obtained with the most recent version of the engine available on the date of execution will be considered, which may be based on version release candidate or stable version of the specifications.

Art. 3 Based on the monitoring of the execution of tests, with the objective of obtaining timely maturity of the compliance engines, the Structure may publish an informational notice requesting prioritization of specific tests, relating test modules:

I - that the institution must execute by the next deadline established for the execution of tests;

II - in which the institution must obtain success by the next deadline established for the execution of tests. Cases of impossibility of obtaining success on the demanded date must be registered in the service desk according to guidelines to be issued by the Structure;

III - that must be re-executed within up to 2 business days, regardless of the previous stage of development and success of each Institution;

IV - in which the Institution must obtain success within up to 5 business days, regardless of the deadlines established for the execution of tests. Cases of impossibility of obtaining success on the demanded date must be registered in the service desk according to guidelines to be issued by the Structure.

Art. 4 Normative Instruction BCB No. 366, of March 28, 2023, is hereby revoked.

Art. 5 This Normative Instruction enters into force on July 1, 2023.

Harold Paquete Espínola Filho Belline Santana Head of the Department of Head Supervision of Cooperatives and of of Banking Supervision Non-Bank Institutions

NOTE

Justifies the proposal to publish a schedule for the control points of the production publication process for version 1.0.0 (or later) of the Investment Client Data APIs of Open Finance.

This Technical Note justifies the proposal for the issuance of a normative instruction, which establishes a schedule with control points for the production publication process for version 1.0.0 (or later) of the Data APIs for Exchange, Investment, and Accreditation Clients of Open Finance, as provided for in item 4.2 of the Annex to BCB Normative Instruction No. 306, of September 19, 2022.

2. In compliance with the provisions of art. 5 of Law No. 13,874, of September 20, 2019, Decree No. 10,411, of June 30, 2020, determines that proposals for normative acts of general interest to economic agents formulated by bodies and entities of the direct, autarchic, and foundation federal public administration, as well as by collegial bodies through the body or entity responsible for providing them with administrative support, must be preceded by a Regulatory Impact Analysis (RIA).

3. However, it is worth highlighting that the adjustment of the schedule for the control points of the production publication process for version 1.0.0 (or later) of the Investment Client Data APIs of Open Finance does not cause significant impacts for the set and institutions participating in Open Finance as it deals with the definition of control points in the established schedule. In this sense, according to art. 4, item III, of the aforementioned Decree, the normative act now proposed is exempt from the preparation of an RIA as it is considered low impact.

For your consideration.

Rodrigo Monteiro Ricardo Seviere Zeni Deputy Head of the Department of Deputy Head Supervision of Cooperatives and of of Banking Supervision Non-Bank Institutions

Agreed.

Harold Paquete Espínola Filho Belline Santana Head of the Department of Head Supervision of Cooperatives and of of Banking Supervision Non-Bank Institutions