Brazil: Central Bank of Brazil adopted regulation on authorisation, penalties and fraud-prevention measures in Pix payment scheme including authorisation criteria for payment institutions
Description
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…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central bank
Complete timeline of this policy change
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2025-09-26
adopted
2025-09-30
in grace period
2025-12-31
in force