Brazil’s Central Bank (BC) has expanded the country’s financial fraud monitoring framework to include suspected activity linked to unauthorized operators.
The change was introduced through Resolution No. 569, published and signed by Regulation Director Gilneu Vivan. The measure updates existing rules governing the sharing of fraud-related information between financial institutions, payment providers and other entities supervised by the Central Bank.
Under the revised framework, institutions must now share data and fraud indicators related to individuals or companies suspected of operating unauthorized betting platforms.
The amendment broadens the scope of Brazil’s existing anti-fraud information-sharing system, originally established under Joint Resolution No. 6 of May 2023, which created obligations for regulated institutions to exchange information regarding suspected fraudulent activity through electronic systems.
The updated regulation also expands the list of monitored activities requiring registration and oversight. Newly included areas cover credit operations, virtual asset services and financial or payment services provided to unauthorized betting operators.
According to the text, institutions will have until 30 October 2026 to implement measures linked to virtual asset services, while obligations connected to payment and financial services for unauthorized betting operators must be fully implemented by 1 December 2026.
The measure reflects Brazil’s broader effort to strengthen financial oversight and limit the operational capacity of illegal gambling platforms following the launch of the country’s regulated fixed-odds betting market.
Recently, Brazil’s Central Bank also introduced a dedicated classification code for international betting and gaming transactions within its foreign exchange reporting framework, further increasing scrutiny over gambling-related financial flows.
President Lula da Silva recently sanctioned legislation directing 30% of betting sector revenues and assets seized from illegal gambling operations to Brazil’s National Public Security Fund
