Resolution No. 14 of October 23, 2006 - Revoked by Resolution No. 26/2013

Legal entities engaged in real estate promotion or purchase and sale must register with the Financial Activities Control Council (COAF), maintain updated client and intermediary records, and keep detailed logs of all real estate transactions valued at R$ 100,000.00 or higher. These entities are required to report suspicious transactions or those listed in the resolution's annex to COAF within twenty-four hours, while maintaining all records for a minimum of five years. Failure to comply with these obligations subjects the entities and their administrators to sanctions under Anti-Money Laundering Law No. 9,613/1998.

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Published on 17/09/2020 14:37 Modified on 16/12/2020 15:35

Revokes Resolution No. 001/99 and establishes the procedures to be observed by legal entities that carry out real estate promotion or purchase and sale activities.

The President of the Financial Activities Control Council – COAF, using the authority granted by item IV of Article 9 of the Statute approved by Decree No. 2,799, of October 8, 1998, makes it public that the Plenary of the Council, in a session held on August 29, 2006, based on § 1 of Article 14 of Law No. 9,613, of March 3, 1998, resolved:

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Lineage: Superseded

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Timeline

Amended 2 times · last 2013-08-06

2013-08-06COAFResolution No. 26, August 6, 2013supersedes
2012-08-29COAFResolution No. 20, of August 29, 2012 - Revokedsupersedes

This document supersedes: COAF Resolution No. 1 of 13 April 1999

Source: Conselho de Controle de Atividades Financeiras — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works