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Brazil: Authorisation criteria for payment institutions in regulation on authorisation, penalties and fraud-prevention measures in Pix payment scheme

Progress

Current status
in grace period
01 May 2026 in force
31 Dec 2025 in force
30 Sep 2025 in grace period
26 Sep 2025 adopted

Scope

Implementers
Brazil
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national

Timeline of events

01 May 2026
in force

Deadline for Pix participants that joined after 30 June 2024 to request authorisation under Pix payment scheme regulation expires

On 1 May 2026, under Central Bank of Brazil (BCB) Resolution No. 506 adopted on 26 September 2025, payment institutions did not authorise to operate by the BCB that are Pix participants or in the process of joining Pix after 30 June 2024 must comple…

Source
Event type order
Action type implementation
Government branch executive
Government body central bank
31 Dec 2025
in force

Deadline for Pix participants that joined between 1 January 2023 and 30 June 2024 to request authorisation under Pix payment scheme regulation expires

On 31 December 2025, pursuant to Central Bank of Brazil (BCB) Resolution No. 506 adopted on 26 September 2025, payment institutions not authorised to operate by the BCB that joined the Pix payment scheme between 1 January 2023 and 30 June 2024 must …

Source
Event type order
Action type implementation
Government branch executive
Government body central bank
30 Sep 2025
in grace period

Central Bank's regulation on authorisation, penalties and fraud-prevention measures in Pix payment scheme including authorisation criteria for payment institutions entered into force with grace periods for compliance

On 30 September 2025, the Central Bank of Brazil (BCB) Resolution No. 506, adopted by the BCB on 26 September 2025, was published in the Official Gazette of the Union and entered into force with grace periods for compliance following its publication…

Source
Event type order
Action type in force with grace period
Government branch executive
Government body central bank
26 Sep 2025
adopted

Central Bank of Brazil adopted regulation on authorisation, penalties and fraud-prevention measures in Pix payment scheme including authorisation criteria for payment institutions

On 26 September 2025, the Central Bank of Brazil (BCB) adopted resolution no. 506, amending BCB resolution no. 1 of 12 August 2020, which establishes the Pix payment scheme and its regulations. The new resolution revises the authorisation criteria f…

Source
Event type order
Action type adoption
Government branch executive
Government body central bank