Central Bank of Brazil Archives

by Adhya Singh - Monday, April 4, 2022Wednesday, April 27, 2022

MICROCAPITAL BRIEF: Central Bank of Brazil to Apply Banking Regulations to Large Fintechs, Maintain Flexibility for New Entrants

During the course of 2023 and 2024, Banco Central Do Brasil (BACEN) will phase in tighter regulatory restrictions on large financial technology (fintech) firms in Brazil. Using the concept of proportionality, the central bank’s new rules will

by Simrun Kothari - Monday, June 8, 2020Monday, June 8, 2020

MICROCAPITAL BRIEF: Central Bank of Brazil Launching Open Banking Regulations in Partnership with TecBan, Ozone

Banco Central do Brasil (BCB), the central bank of Brazil, is introducing open banking regulations “enabling licensed institutions to share customer data” with the goal of encouraging “the rise of comparison platforms, financial management tools and more customer-friendly payment initiation procedures.” The central bank plans to