Brazil committee advances bill on banks and illegal betting transactions
The Chamber of Deputies' Finance and Taxation Committee approved Bill 2359/25, which would allow authorities to hold financial institutions accountable for negligence, omission or involvement in transactions linked to illegal gambling or criminal organisations. The proposal now goes to the Constitution, Justice and Citizenship Committee; approval there would send it to the Federal Senate without a full Chamber vote.
Banks and payment institutions could face broader accountability for links to illegal gambling if the bill becomes law.