RegAlert2022-11-25 | Resolução CMN 5050Added
Resolution CMN No. 5,050 — Regulates the Organization and Operation of Direct Credit Companies and Peer-to-Peer Lending Companies and Governs P2P Loan and Financing Operations via Electronic Platforms
Resolution CMN No. 5,050 establishes the regulatory framework for Direct Credit Companies (SCD) and Peer-to-Peer Lending Companies (SPE), defining their corporate structure, authorized activities, and operational constraints. It mandates that SCDs and SPEs operate exclusively through electronic platforms, prohibits them from retaining credit risk (with specific exceptions for SPEs investing in subordinated fund shares), and requires the segregation of client funds. The resolution outlines strict criteria for client selection, defines permissible ancillary services such as credit analysis and insurance distribution, and sets specific timelines for the transfer of funds between creditors, debtors, and suppliers.
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RESOLUTION CMN
NO. 5,050, OF NOVEMBER 25, 2022
Provides for the organization and operation of direct credit companies and peer-to-peer lending companies and regulates the carrying out of loan and financing operations between persons through an electronic platform.
The
Central Bank of Brazil, in accordance with Art. 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in a session held on November 24, 2022, based on Art. 4, items VI and VIII, of the said Law,
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Lineage: Amended
Timeline
Amended 1 time · last 2025-11-03
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