Brazilian committee approves lottery prize-record rules to combat money laundering

Brazil’s Chamber of Deputies Finance and Taxation Committee approved a bill requiring companies to record lottery and draw prizes above the income-tax exemption threshold. Records would include winner, prize and payer details and be kept for at least five years; the proposal also protects winners’ anonymity and bars publicity using their names or images without consent. The bill proceeds to the Constitution and Justice Committee before a plenary vote.