The Central Bank of Brazil (BCB) announced that the Financial Stability Committee decided to maintain the countercyclical capital buffer (CCyB) for Brazil at 0%. The central bank also published Resolution No. 133, which amends the schedule for implementation of certain aspects of the open banking framework. In particular, BCB has changed start date of the implementation of the “sharing of the Pix payment transaction initiation service (scope initial phase 3),” from August 30, 2021 to October 29, 2021. The resolution enters into force on the date of its publication.
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Effective Date: Publication Date
Keywords: Americas, Brazil, Banking, Open Banking, CCyB, Regulatory Capital, Basel, Regtech, Fintech, BCB
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