Brazil: Central Bank Publishes Resolution to Stimulate Competition in Payment Services
On April 4, 2018 the National Monetary Council approved and published Resolution no. 4.649/18, proposed …
Argentina: National Commission Requires Revision of Electronic Payment Regulation
The National Commission for the Protection of Competition (CNDC) has published Resolution No. 17 on …
Brazil: Central Bank Launches Financial and Technology Innovation Lab
On May 9, 2018, Banco Central do Brasil (BCB), the central bank of Brazil, in …
Argentina Raises Thresholds on Prevention of Money Laundering Recordkeeping
For the second time in the last three months, the Central Bank of Argentina has …
Argentina: New Draft Law on Interchange Fees
In November 2016, deputies Eduardo Pablo Amadeo and Daniel Andres Lipovetzky introduced before the Chamber …
Chile: Central Bank Consults on New Prepaid Card Regulation
The Central Bank of Chile has published a new consultation document on the regulation on …
Argentina: Implementation of Beneficial Ownership Legislation
The Ministry of Finance, through the National Securities Commission of Argentina, has issued general resolution …
Argentina: Central Bank Sets Interchange Fees for Debit and Credit Cards
The Central Bank of Argentina has set the interchange fee caps applicable from April 1, …
Brazil Drops Data Localisation Requirement From Cybersecurity Reforms
Brazil’s central bank has issued wide-ranging cybersecurity rules for payment firms, abandoning plans to restrict …