Regulatory Alerts2026-07-09 | Instrução Normativa BCB 761Added · Updated
Normative Instruction BCB No. 761 — Guidance on Reinforced Measures for Institutions in Jurisdictions with Strategic Deficiencies in FATF Recommendations
The Central Bank of Brazil issued Normative Instruction No. 761 to mandate reinforced internal controls and risk mitigation measures for regulated institutions conducting business with clients, correspondent banks, and partners in jurisdictions identified by the FATF as having strategic deficiencies. The instruction requires enhanced due diligence, including additional information verification, economic justification analysis, and senior management approval for high-risk relationships, to align Brazilian regulations with international anti-money laundering standards. This measure aims to strengthen the effectiveness of Brazil's financial crime prevention system without creating new autonomous obligations or altering the existing sanctioning regime.