Brazilian Banks to Flag Payments to Unlicensed Betting Sites From 1 December

The Rule Is Six Months Old, the Deadlines Are Not

The Brazilian Central Bank (BCB) issued Resolução BCB nº 569 on 19 May 2026, and it went into effect on publication. Resolução BCB nº 569 amends Resolução BCB nº 343 of 4 October 2023. That resolution provides the legal framework for the data bank required under Resolução Conjunta nº 6/2023. The framework allows for banks and other institutions supervised by the BCB to electronically share fraud indicators.

Two new activity categories were added to article 2 of the 2023 rule, whose legal hook is article 24-A of Law 14,790 of 2023. Item V is the provision of virtual asset services. Item VI covers "the provision of financial and payment services to unauthorised betting operators", signed by the Director of Regulation, Gilneu Francisco Astolfi Vivan.

The identification of unauthorised betting operators must include the name of the operator, not simply the account holder. It also covers beneficial owners, trading name, website and CNPJ. According to industry observers, the new requirements under Resolução BCB 569 add significant compliance burdens.

Institutions are required to register any indicators of illegal activity within 24 hours of detecting it. They can only amend or delete a record within the same timeframe. By the 15th of each month, they must certify that all records relating to the previous month are up to date. The alternative is to confirm that there are none to report.

The Audit That Landed the Same Day

On 19 May, Brazil’s federal audit court of accounts issued Acórdão 1.296/2026. It came as part of an operational audit of the Central Bank and other entities. The audit assessed anti-money laundering controls in place for the fixed-odds betting industry.

The audit cites a study commissioned by IBJR, the industry body, and conducted by LCA Consultoria Econômica. It puts illegal operators at an estimated 41% to 51% of fixed-odds betting activity. That means somewhere in the region of R$26bn to R$40bn a year transacted via illegal platforms, versus roughly R$38bn through regulated operators.

The headline share is not the court’s own estimate. Divide those and the top of the range exceeds the legal market. The illegal number runs at 0.68 to 1.05 times the regulated figure, a 15M calculation from the audit’s own two totals. Note the units: these are betting volumes, not GGR, which the regulator put at R$17.4bn for the first half of 2025.

The court told three bodies to work together. It recommended that SPA/MF, Anatel and the central bank "establish coordinated procedures for the interruption of illegal betting houses’ operations". Brazil has already shown it will pull authorisations, as the 30-day lapse rule made clear.

What This Means

• For operators: authorised houses are not the target; their payment counterparties are. Expect acquirers to re-paper betting merchants first;
• For affiliates: if your Brazilian payouts run through an intermediary that also serves unlicensed books, that intermediary is about to be named in a shared database. Move Brazilian settlement to a counterparty you can show is licensed, and do it before the December date rather than after;
• For providers: PSPs and wallet vendors need brand, domain, and CNPJ resolution in their onboarding, not just KYC on the signatory. Identification under item VI points at the operator.

What’s Next

1 December is the operative date. The audit court’s AudDefesa unit will monitor the recommendations, with a plan due to the rapporteur.

Source: Banco Central do Brasil, Resolução BCB nº 569, https://www.bcb.gov.br/estabilidadefinanceira/exibenormativo?tipo=Resolucao%20BCB&numero=569