Resolution No. 30, of May 4, 2018

The resolution establishes AML/CTF procedures for natural and legal persons involved in the promotion, intermediation, commercialization, agency or negotiation of transfer rights of athletes or artists, requiring client identification, record‑keeping of operations, and a five‑year retention period. It mandates electronic reporting to COAF of cash transactions of R$ 30,000 or more, any suspicious operations, and other situations designated by the COAF President, while guaranteeing confidentiality of the information. Entities must register and keep their registration up‑to‑date on the COAF website and comply with COAF requests, with non‑compliance subject to sanctions under Law No. 9,613/1998. The resolution becomes effective 90 days after publication.

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Published on 09/16/2020 00:57 Modified on 12/07/2020 10:52

Provides for the procedures to be observed by natural or legal persons who act in the promotion, intermediation, commercialization, agency or negotiation of transfer rights of athletes or artists.

The President of the Council for the Control of Financial Activities – COAF, exercising the authority conferred by item IV of art. 9 of the Statute approved by Decree No. 2,799 of October 8, 1998, makes public that the Council Plenary, based on art. 7, items II, V and VI of the said Statute, in a session held on April 25, 2018, based on § 1 of art. 14 of Law No. 9,613 of March 3, 1998, resolved:

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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