TLDR Brazil’s Central Bank issued Resolution BCB No. 569/2026, updating rules on illegal betting prevention Financial institutions must now share fraud data linked to unlicensed betting operators New information-sharing requirements must clearly identify ties to illegal betting activity Compliance deadlines are set for October 30 and December 1, 2026 Illegal operators still account for nearly half of all betting transactions in Brazil New Rules Force Banks to Share Data on Illegal Betting
The Central Bank of Brazil has introduced new regulations aimed at cracking down on illegal betting operators across the country. Resolution BCB No. 569/2026 was signed by Director of Regulations Gilneu Francisco Astolfi Vivan.
The resolution amends an earlier rule, Resolution BCB No. 343, which was enacted in October 2023. The changes focus on how financial institutions share information about fraud tied to unauthorized betting companies.
Under the updated framework, banks and payment providers in Brazil are now required to report fraud cases involving unlicensed betting operators. This applies when institutions detect that they are providing financial services to persons or organizations running unregulated betting businesses.
The legal basis for the new rule comes from Article 24-A of Law No. 14.790/2023. That law regulates the fixed-odds betting market in Brazil.
One key change is that institutions must now clearly state when suspicious activity is connected to illegal betting. Previously, there was less specificity required in how fraud cases were categorized.
The Central Bank said the measure is designed to improve how cases involving illegal operators are identified and investigated. The goal is to make the financial system more efficient in catching bad actors.
Compliance Deadlines Give Institutions Months to Prepare
The regulation includes two separate compliance deadlines for financial institutions. For transactions tied to illegal virtual asset services in the betting market, all measures must