Brazil tightens Open Finance rules on consent, data security and oversight
Joint Resolution No. 21 adds partner-specific consent, broader customer information and stronger duties for institutions involved in Open Finance partnerships.
Brazil’s National Monetary Council (CMN) and central bank have approved changes to the country’s Open Finance rules, strengthening requirements around customer consent, partnership oversight, data governance and security.Joint Resolution No. 21, approved by the CMN on October…
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