Description

Complementary Law No. 224/2025 including payment provider liability for unauthorised fixed-odds betting enters into force

On 1 January 2026, the payment provider liability provision of Complementary Law No. 224/2025 for unauthorised fixed-odds betting took effect. The provision makes financial institutions, payment institutions, and payment initiators jointly and sever…

Scope

Policy Area
Consumer protection
Policy Instrument
User identification requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), other service provider
Implementation Level
national
Government Branch
executive
Government Body
central government

Complete timeline of this policy change

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2025-06-04
under deliberation

On 4 June 2025, the Complementary Bill No. 128/2025 (PLP 128/2025) establishing tax liability for t…

2025-12-17
adopted

On 17 December 2025, the National Congress of Brazil adopted Complementary Bill No. 128/2025 (PLP 1…

2026-01-01
in force

On 1 January 2026, the payment provider liability provision of Complementary Law No. 224/2025 for u…