Brazil: Adopted Central Bank of Brazil Resolution 85/2021 including data protection measures for payment institutions
Description
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…
Scope
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
Implementation Level
national
Government Branch
executive
Government Body
central bank