Normative Instruction BCB No. 486 — Discloses the database to be used as a reference for identifying institutions subject to mandatory participation in Open Finance

BCB NORMATIVE INSTRUCTION NO. 486, OF JULY 4, 2024

Discloses the database to be used as a reference for identifying institutions subject to mandatory participation in Open Finance.

The Head of the Department of Financial System Regulation (Denor), in the exercise of the powers conferred upon him by art. 23, item I, letter "a", of the Internal Regulations of the Central Bank of Brazil, annexed to BCB Resolution No. 340, of September 21, 2023, based on art. 51, items IX and XI, of Joint Resolution No. 1, of May 4, 2020,

R E S O L V E S:

Art. 1 The database referred to in art. 6, item I, letter "a", item 2, of Joint Resolution No. 1, of May 4, 2020, is the combined database of the National Financial System Client Register (CCS) and the Credit Information System of the Central Bank (SCR), made available by the Central Bank of Brazil, on its website, in the Complaints Ranking.

Art. 2 This Normative Instruction enters into force on the date of its publication.

GILNEU
FRANCISCO ASTOLFI VIVAN

NOTE 415/2024-BCB/DENOR, OF JULY 3, 2024

Supports the proposal for the issuance of a normative instruction that discloses a database to be used as a reference for identifying institutions subject to mandatory participation in Open Finance.

                        Head of  

Denor,

                        This Note supports the proposal for the issuance of a normative instruction by the Department of Financial System Regulation (Denor), in the exercise of the power provided for in art. 23, item I, letter "a", of the Internal Regulations of the Central Bank of Brazil, annexed to BCB Resolution No. 340, of September 21 2023, based on art. 51, items IX and XI, of Joint Resolution No. 1, of May 4, 2020, and taking into account the provisions of art. 6, item I, letter "a", item 2, of this normative act.

2. Regarding this, the proposal
deals with the issuance of a normative instruction that discloses a database to be used as a reference for identifying institutions subject to mandatory participation in Open Finance.

3.                     Finally, 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 of economic agents formulated by bodies and entities of the direct, autarchic and foundation federal public administration, as well as by collegiate bodies through the body or entity responsible for providing administrative support, must be preceded by a Regulatory Impact Analysis (RIA).

4.                     However, as the  
   

proposal in question only discloses a database to be used as reference for identifying institutions subject to mandatory participation in Open Finance, as established in art. 6, item I, letter "a", item 2, of Joint Resolution No. 1, of 2020, I consider that the changes proposed herein fall under the possibility of exemption from carrying out an RIA established in art. 4, item II, of Decree No. 10,411, of 2020, since it is a normative act intended to regulate rights or obligations defined in a hierarchically superior norm.

                        To consideration of Your Excellency.

MARDILSON
FERNANDES QUEIROZ
Consultant of
Denor

                        In agreement.

GILNEU
FRANCISCO ASTOLFI VIVAN
Head of Denor