Normative Instruction BCB No. 75 — Amending Normative Instruction BCB No. 41 of November 5, 2020

NORMATIVE INSTRUCTION BCB NO. 75, OF FEBRUARY 3, 2021

Amends
Normative Instruction BCB No. 41, of November 5, 2020, which establishes a schedule for integration homologation tests to be observed by financial institutions, acquiring and sub-acquiring institutions, and registrars for the performance of the operations and activities covered by Resolution No. 4,734 and Circular No. 3,952, both of June 27, 2019.

The Heads of the Department of Financial System Regulation (Denor), the Department of Competition and Financial Market Structure (Decem), and the Department of Strategic Management and Specialized Supervision (Degef), in the exercise of the powers 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 Arts. 8 of CMN Resolution No. 4,734, of June 27, 2019, and 15-B of Circular No. 3,952, of June 27, 2019,

R E S O L V E:

Art. 1. Normative Instruction BCB No. 41, of November 5, 2020, shall enter into force with the following alterations:

"Art. 8. Financial institutions participating in the mandatory integration homologation tests that do not successfully complete all tests provided for by February 1, 2021, whether due to their own reasons or due to the reasons of the registrar entity with which they maintain a contractual relationship, shall notify their clients of the temporary suspension of the performance of the operations covered by CMN Resolution No. 4,734, of 2019, starting from February 17, 2021, until the satisfactory conclusion of the new test cycle covered by Art. 12.

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"Art. 9. Acquiring institutions participating in the mandatory integration homologation tests that do not successfully complete all tests provided for by February 1, 2021, whether due to their own reasons or due to the reasons of the registrar entity with which they maintain a contractual relationship, shall notify their clients, including sub-acquiring institutions for which they provide services, as well as the sponsors of the payment arrangements they participate in or interoperate with, of the temporary suspension of their acquiring activities in the payment arrangements whose receivables are subject to registration, starting from February 17, 2021, until the satisfactory conclusion of the new test cycle covered by Art. 12.

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"Art. 11. Registrar entities that do not successfully complete the stages provided for the performance of interoperability tests and integration homologation tests by February 1, 2021, shall notify their participants of the temporary suspension of the performance, starting from February 17, 2021, of the activities of registering receivables of payment arrangements in the manner provided for in Circular No. 3,952, of 2019, until the satisfactory conclusion of the new test cycle covered by Art. 12.

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"Art. 11-A. The notification of the temporary suspension of activities provided for in Arts. 8, 9, 10, and 11 of this Normative Instruction shall be carried out by financial institutions, acquiring institutions, and registrar entities only after a specific determination by the Central Bank of Brazil.

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

João André Calvino Marques Pereira Ângelo José Mont Alverne Duarte Head of the Department of Regulation Head of the Department of of the Financial System Competition and Financial Market Structure

Adalberto Felinto da Cruz Junior
Head of the Department of Strategic
Management and
Specialized Supervision