Brazil's SPA sets sanctions process for prize promotions and savings operations
Brazil’s Ministry of Finance Secretariat for Prizes and Betting (SPA) published rules for sanctions covering prize promotions, certain broadcaster and civil-society promotions, and advance collection of popular savings. The rules identify operating without prior authorisation and breaching approved terms as administrative offences; SPA decisions may be appealed to the National Financial System Appeals Council within 10 days, without suspending proceedings.
Operators conducting covered promotions or savings operations must secure prior authorisation and comply with its conditions.