In its fight against illegal betting, Brazil is digging deeper into the financial system. Under Resolution BCB No. 569/2026, institutions covered by Brazil’s fraud-data sharing framework must include indications that people or companies are acting as unauthorized betting operators.
This measure revises Resolution BCB No. 343/2023 on fraud indicator exchange within the national financial system. The revision adds individuals or companies that act as betting operators without authorization under Law No. 14.790/2023.
This rule does not introduce any new licensing regime. In practice, it clarifies how banks and payment companies should flag cases where their services may be provided to unauthorized betting operators.
Financial Signals Move to the Center
The Central Bank’s change responds to a practical weakness in Brazil’s regulated betting market. Illegal sites can easily switch domain names, branding, and marketing methods. Payments are more difficult to conceal at scale, especially when illegal activities require constant access to local banking and payment systems.
Under the updated regulation, indications of unauthorized betting operations can be treated as fraud-related information and shared through the existing framework. When the case involves financial or payment services provided to an unauthorized betting operator, the identification must refer to that operator.
This makes things easier for compliance teams. While an alert about suspicious transactions does not necessarily help other institutions act, tags linked to unauthorized betting could prove more useful.
Deadlines Split Payments and Crypto
The resolution establishes two dates for implementation:
1) Measures that relate to virtual asset services must be in place by October 30, 2026;
2) Measures tied to financial and payment services for unauthorized betting operators must be ready by December 1, 2026.
The split gives institutions separate timelines for adapting controls linked to virtual asset services and services provided to unauthorized betting operators. Crypto-related service monitoring may require one set of controls, while financial and payment services provided to unauthorized betting operators may require another.
The rule came into force upon its publication. The deadlines set allow institutions to adjust their systems and data exchange processes.
TCU Pressure Adds Context
The timing coincides with efforts by the Brazilian Federal Court of Accounts. TCU Minister Jorge Oliveira warned that about 40% of the online betting market continues to operate irregularly. The court also cited weak coordination between agencies that work on blocking, identifying, and sanctioning illegal operators.
The move by the Central Bank is part of an even broader policy of enforcement. The country’s licensed betting sector will have to look beyond website-blocking if financial access to unauthorized brands is still allowed.
Execution as the Main Test
Banks and payment processors already have compliance duties. Clear and actionable notifications could prevent illegal betting businesses from using financial channels to conduct transactions. Broad alerts, by contrast, would add another formal step without much enforcement value.
