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Brazil Central Bank requires financial firms to flag illegal betting transactions

Regulation

Brazil's Central Bank issued Resolution 569/2026, requiring banks, payment firms and virtual-asset service providers to identify and report transactions linked to unauthorised betting operations. Virtual-asset measures must be implemented by 30 October 2026, while controls specific to illegal gambling transactions take effect on 1 December 2026.

Financial and payment firms must establish controls to identify and report transactions connected with unauthorised betting.

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Enforcement & compliance

Brazil orders financial institutions to block illegal betting transactions within 24 hours

Brazil's Finance Ministry issued a regulation on 18 June requiring financial and payment institutions to block transactions linked to illegal betting companies within 24 hours of formal notification by the Secretariat of Prizes and Betting and the Federal Revenue Special Secretariat. The rules also make those institutions, and parties advertising unlicensed gambling platforms, jointly liable for taxes and prizes owed; liability will be determined through an administrative tax procedure.

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