Brazil: 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
Description
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…
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