Banking & Finance, Capital Markets, Infrastructure and Project Finance

Central Bank of Brazil (BCB): New rules to join and use PIX

21 November 2024

The Central Bank of Brazil (“BCB”) published Regulation No. 429 on November 11, 2024 (“BCB Regulation 429”), amending BCB Regulation No. 1, of August 12, 2020 (“BCB Regulation 1”) and its attached regulation, significantly changing the rules for unauthorized institutions to join and use PIX.

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This newsletter provides information about legal developments in Brazil to clients and members of Cescon, Barrieu, Flesch & Barreto Advogados. The content included herein is not meant to provide legal advice with respect to any specific matter. We do not undertake to update, supplement or modify the information contained herein.

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Central Bank of Brazil (BCB): New rules to join and use PIX

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