Brazil: Data protection regulation for payment institutions in Central Bank of Brazil Resolution 85/2021
Progress
Current status
in force
01 Aug 2021 in force
08 Apr 2021 adopted
Scope
Implementers
Brazil
Policy Area
Data governance
Policy Instrument
Cybersecurity regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
other service provider
infrastructure provider: cloud computing, storage and databases
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Implemented Central Bank of Brazil Resolution 85/2021 including data protection measures for payment institutions
On 1 August 2021, the Central Bank of Brazil Resolution 85/2021, including data protection measures for payment institutions contracting entities providing data processing, storage, and cloud computing services, was implemented. Payment institutions…
Event type
order
Action type
implementation
Government branch
executive
Government body
central bank
Adopted Central Bank of Brazil Resolution 85/2021 including data protection measures for payment institutions
On 8 April 2021, the Central Bank of Brazil adopted Resolution 85/2021, including data protection measures for payment institutions contracting entities providing data processing, storage, and cloud computing services. Payment institutions must adop…
Event type
order
Action type
adoption
Government branch
executive
Government body
central bank