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Brazil: Data transfer regulation in open banking regulation

Progress

Current status
adopted
04 May 2020 adopted

Scope

Implementers
Brazil
Policy Area
Data governance
Policy Instrument
Data protection regulation
Regulated Economic Activity
other service provider
Government Branch
executive
Government Body
central bank
Implementation Level
national

Timeline of events

04 May 2020
adopted

Implemented Central Bank Regulation on Open Banking

The Brasilian Central Bank issues Circular 4015, which regulates open banking and sets the rules for sharing user data among financial and payment institutions.

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