Brazil: Central Bank Approves Circular on Requirements for Instant Payments System
On January 3, 2019, Banco Central do Brasil (BCB), the country’s central bank, approved the …
Brazil: New Personal Data Protection Act
On July 10, 2018, the Brazilian Congress approved Draft Law PLC 53/18, establishing the country’s …
2018 in Focus: Payments in the Americas
The fight against financial crime in the Americas reached an ever-higher pitch in 2018, with …
Chile: Supervisory Authority of Banks and Financial Institutions Requires Regulated Entities to Report Monthly on Cybersecurity Incidents
On December 18, 2018, the Chilean regulator of banks and financial institutions, the Superintendencia de …
Trinidad and Tobago: Central Bank Consults on Draft Policy on E-Money Issuance
In November 2018, the Central Bank of Trinidad and Tobago launched a public consultation seeking …
Chile: Congress Passes Updates to General Banking Law
Brazilian Card Reforms Dent Latin American Payments Growth
The growth of electronic payments in Latin America flatlined last year as a result of …
Chile Overhauls Financial Framework, Creates New Regulator
The Chilean government has passed new legislation transforming and expanding the powers of the country’s …
Brazil: Ministry of Justice Establishes Administrative Inquiry for Determination of Offences to the Economic Order
On September 18, 2018, the Administrative Council for Economic Defence (CADE), which operates within the …