{"navegacao":null,"view":"views/exibenormativo.aspx","conteudo":[{"Titulo":"Resolução BCB N° 549","Tipo":"Resolução BCB","Documentos":null,"DOU":"Publicada no DOU de 23/2/2026, Seção 1, p. 201/202.","Id":52834,"Data":"2026-02-19T21:03:00Z","DataTexto":"19/2/2026 18:03","Numero":549.0,"VersaoNormativo":1.0,"Assunto":"Altera o Anexo II à Resolução BCB nº 108, de 24 de junho de 2021, que dispõe sobre os prazos específicos para as diferentes fases dos processos administrativos de liberação da atividade econômica no âmbito do Banco Central do Brasil.  ","NormasVinculadas":"RESOLUÇÃO BCB;@519;@2025;#RESOLUÇÃO BCB;@108;@2021;#","Referencias":"Lei nº 14.478/2022, arts. 2º, 4º, 5º, parágrafo único, 7º, 8º e 9º.;#Decreto nº 10.178/2019, art. 10, § 4º.;#Decreto nº 11.563/2023, arts. 1º e 2º.;#Resolução BCB nº 519/2025.;#Altera Resolução BCB nº 108/2021 - Dá nova redação: Anexo II.;#","Atualizacoes":null,"Revogado":false,"Cancelado":false,"Texto":"<div class=\"ExternalClassB0E2CEF39FFF4132A5530E7F6CF4532A\">\n\n\n<span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">\n</span><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">\n</span><title style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Resolução Nº 549</title><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">\n</span><style style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">\r\n</style><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">\n\n\n\n\n\n</span><div class=\"WordSection1\"><span style=\"color&#58;rgb(68, 68, 68);\">\n\n<p class=\"default\" align=\"center\" style=\"margin-top&#58;0cm;margin-right&#58;0cm;margin-bottom&#58;18.0pt;margin-left&#58;0cm;text-align&#58;center;background&#58;white;\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">RESOLUÇÃO BCB Nº 549, DE 19\nDE FEVEREIRO DE 2026</span></p>\n\n<p class=\"MsoNormal\" style=\"margin&#58;0cm 0cm 18pt 9cm;text-align&#58;justify;\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Altera o Anexo II à Resolução BCB nº 108, de 24 de junho de 2021,\nque dispõe sobre os prazos específicos para as diferentes fases dos processos\nadministrativos de liberação da atividade econômica no âmbito do Banco Central\ndo Brasil. </span></p>\n\n<p class=\"default\" style=\"margin-top&#58;0cm;margin-right&#58;0cm;margin-bottom&#58;18.0pt;margin-left&#58;0cm;text-align&#58;justify;text-indent&#58;70.9pt;background&#58;white;\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">A Diretoria Colegiada do\nBanco Central do Brasil, em sessão realizada em 19 de fevereiro de 2026, com\nbase no disposto no art. 10, § 4º, do Decreto nº 10.178, de 18 de dezembro de\n2019, nos arts. 2º, 4º, 5º, parágrafo único, 7º, 8º e 9º da Lei nº 14.478, de\n21 de dezembro de 2022, 1º e 2º do Decreto nº 11.563, de 13 de junho de 2023, e\nno art. 4º da Resolução BCB nº 519, de 10 de novembro de 2025,</span></p>\n\n<p class=\"default\" style=\"margin-top&#58;0cm;margin-right&#58;0cm;margin-bottom&#58;18.0pt;margin-left&#58;0cm;text-align&#58;justify;text-indent&#58;70.9pt;background&#58;white;\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">R E S O L V E &#58; </span></p>\n\n<p class=\"MsoNormal\" style=\"margin-bottom&#58;6pt;text-indent&#58;70.9pt;background&#58;white;text-align&#58;justify;\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Art. 1º &#160;O Anexo II à Resolução BCB nº 108, de 24 de junho de\n2021, publicada no Diário Oficial da União de 28 de junho de 2021, passa a\nvigorar conforme o anexo desta Resolução. </span></p>\n\n<p class=\"MsoNormal\" style=\"margin-bottom&#58;6pt;text-indent&#58;70.9pt;background&#58;white;text-align&#58;justify;\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Parágrafo único. &#160;Aplica-se o disposto nesta Resolução aos pedidos\nde autorização para funcionamento de sociedades prestadoras de serviços de\nativos virtuais protocolados no Banco Central do Brasil a partir da entrada em\nvigor da Resolução BCB nº 519, de 10 de novembro de 2025.</span></p>\n\n<p class=\"MsoNormal\" style=\"margin-bottom&#58;12pt;text-indent&#58;70.9pt;background&#58;white;text-align&#58;justify;\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Art. 2º &#160;Esta Resolução ent​ra em vigor na data de sua publicação.</span></p>\n\n<p class=\"MsoNormal\" align=\"center\" style=\"text-align&#58;center;background&#58;white;\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">GILNEU\nFRANCISCO ASTOLFI VIVAN<br></span><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;\">Diretor\nde Organização do Sistema Financeiro e de Resolução</span></p><p class=\"MsoNormal\" align=\"center\" style=\"text-align&#58;center;background&#58;white;\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;\"><br></span></p><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;\">\n\n</span><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;\"><br clear=\"all\" style=\"page-break-before&#58;always;\">\n</span><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;\">\n\n</span><p class=\"default\" align=\"center\" style=\"margin-top&#58;0cm;margin-right&#58;0cm;margin-bottom&#58;6.0pt;margin-left&#58;0cm;text-align&#58;center;background&#58;white;\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">ANEXO À RESOLUÇÃO BCB Nº 549,\nDE 19 DE FEVEREIRO DE 2026</span></p>\n\n<p class=\"default\" align=\"center\" style=\"margin-top&#58;0cm;margin-right&#58;0cm;margin-bottom&#58;6.0pt;margin-left&#58;0cm;text-align&#58;center;background&#58;white;\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">&#160;</span></p>\n\n<p class=\"default\" align=\"center\" style=\"margin-top&#58;0cm;margin-right&#58;0cm;margin-bottom&#58;6.0pt;margin-left&#58;0cm;text-align&#58;center;background&#58;white;\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Anexo II à Resolução BCB\nnº 108, de 24 de junho de 2021</span></p>\n\n<p class=\"default\" align=\"center\" style=\"margin-top&#58;0cm;margin-right&#58;0cm;margin-bottom&#58;6.0pt;margin-left&#58;0cm;text-align&#58;center;background&#58;white;\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">&#160;</span></p>\n\n<div align=\"center\">\n\n<span style=\"color&#58;rgb(68, 68, 68);\">\n </span><span style=\"color&#58;rgb(68, 68, 68);\">\n   </span><span style=\"color&#58;rgb(68, 68, 68);\"></span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><span style=\"color&#58;rgb(68, 68, 68);\">\n  </span><table class=\"MsoNormalTable\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" width=\"595\" style=\"width&#58;446.3pt;background&#58;white;border-collapse&#58;collapse;\"><thead>\n  <tr><td width=\"150\" valign=\"top\" style=\"width&#58;112.7pt;border&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n   <p class=\"MsoNormal\"><a name=\"_Hlk132824377\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Item</span></a></p>\n   </td>\n   <td width=\"281\" valign=\"top\" style=\"width&#58;210.5pt;border&#58;solid windowtext 1.0pt;border-left&#58;none;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n   <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Pedido relativo a ato público de liberação da atividade\n   econômica requerido ao Banco Central do Brasil</span></p>\n   </td>\n   <td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border&#58;solid windowtext 1.0pt;border-left&#58;none;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n   <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fases</span></p>\n   </td>\n   <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border&#58;solid windowtext 1.0pt;border-left&#58;none;padding&#58;0cm 5.4pt 0cm 5.4pt;\"><span style=\"color&#58;rgb(68, 68, 68);\">\n   <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Prazo</span></p>\n   <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">(dias)</span></p>\n   </span></td>\n  </tr>\n </thead>\n <tbody><tr style=\"height&#58;14.85pt;\"><td width=\"150\" rowspan=\"18\" style=\"width&#58;112.7pt;border&#58;solid windowtext 1.0pt;border-top&#58;none;padding&#58;0cm 5.4pt 0cm 5.4pt;height&#58;14.85pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Sistemas do Mercado Financeiro – SMF</span></p>\n  </td>\n  <td width=\"281\" rowspan=\"2\" valign=\"top\" style=\"width&#58;210.5pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;height&#58;14.85pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Funcionamento de sistema de liquidação, incluindo seu\n  regulamento</span></p>\n  </td>\n  <td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;height&#58;14.85pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 1 - Análise da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;height&#58;14.85pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">280</span></p>\n  </td>\n </tr>\n <tr><td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 2 - Análise da implementação da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">80</span></p>\n  </td>\n </tr>\n <tr><td width=\"281\" rowspan=\"2\" style=\"width&#58;210.5pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Exercício da atividade de depósito centralizado de ativos\n  financeiros, incluindo o regulamento do sistema</span></p>\n  </td>\n  <td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 1 - Análise da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">280</span></p>\n  </td>\n </tr>\n <tr><td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 2 - Análise da implementação da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">80</span></p>\n  </td>\n </tr>\n <tr><td width=\"281\" rowspan=\"2\" style=\"width&#58;210.5pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Exercício da atividade de registro de ativos financeiros,\n  incluindo o regulamento do sistema</span></p>\n  </td>\n  <td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 1 - Análise da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">280</span></p>\n  </td>\n </tr>\n <tr><td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 2 - Análise da implementação da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">80</span></p>\n  </td>\n </tr>\n <tr><td width=\"281\" rowspan=\"2\" style=\"width&#58;210.5pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Alterações no regulamento do sistema que prevejam a inclusão de\n  ativos financeiros no rol objeto de depósito centralizado</span></p>\n  </td>\n  <td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 1 - Análise da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">280</span></p>\n  </td>\n </tr>\n <tr><td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 2 - Análise da implementação da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">80</span></p>\n  </td>\n </tr>\n <tr><td width=\"281\" rowspan=\"2\" style=\"width&#58;210.5pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Alterações no regulamento do sistema que prevejam a inclusão de\n  ativos financeiros no rol objeto de registro</span></p>\n  </td>\n  <td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 1 - Análise da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">280</span></p>\n  </td>\n </tr>\n <tr><td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 2 - Análise da implementação da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">80</span></p>\n  </td>\n </tr>\n <tr><td width=\"281\" rowspan=\"2\" style=\"width&#58;210.5pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Alterações no regulamento do sistema que prevejam a exclusão de\n  ativos financeiros do rol objeto de depósito centralizado</span></p>\n  </td>\n  <td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 1 - Análise da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">280</span></p>\n  </td>\n </tr>\n <tr><td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 2 - Análise da implementação da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">80</span></p>\n  </td>\n </tr>\n <tr><td width=\"281\" rowspan=\"2\" style=\"width&#58;210.5pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Alterações no regulamento do sistema que prevejam a exclusão de\n  ativos financeiros do rol objeto de registro</span></p>\n  </td>\n  <td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 1 - Análise da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">280</span></p>\n  </td>\n </tr>\n <tr><td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 2 - Análise da implementação da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">80</span></p>\n  </td>\n </tr>\n <tr style=\"height&#58;12.45pt;\"><td width=\"281\" rowspan=\"2\" valign=\"top\" style=\"width&#58;210.5pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;height&#58;12.45pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Cancelamento da autorização para funcionamento de sistema de\n  liquidação</span></p>\n  </td>\n  <td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;height&#58;12.45pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 1 - Análise da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;height&#58;12.45pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">280</span></p>\n  </td>\n </tr>\n <tr style=\"height&#58;30.0pt;\"><td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;height&#58;30.0pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 2 - Análise da implementação da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;height&#58;30.0pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">80</span></p>\n  </td>\n </tr>\n <tr><td width=\"281\" rowspan=\"2\" style=\"width&#58;210.5pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Cancelamento da autorização para exercício das atividades de\n  depósito centralizado de ativos financeiros</span></p>\n  </td>\n  <td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 1 - Análise da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">280</span></p>\n  </td>\n </tr>\n <tr><td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 2 - Análise da implementação da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">80</span></p>\n  </td>\n </tr>\n <tr><td width=\"150\" rowspan=\"4\" style=\"width&#58;112.7pt;border&#58;solid windowtext 1.0pt;border-top&#58;none;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">&#160;</span></p>\n  </td>\n  <td width=\"281\" rowspan=\"2\" style=\"width&#58;210.5pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Cancelamento da autorização para exercício das atividades de\n  registro de ativos financeiros</span></p>\n  </td>\n  <td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 1 - Análise da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">280</span></p>\n  </td>\n </tr>\n <tr><td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 2 - Análise da implementação da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">80</span></p>\n  </td>\n </tr>\n <tr><td width=\"281\" rowspan=\"2\" style=\"width&#58;210.5pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Alterações nos SMF e em seus regulamentos que representem risco\n  relevante à sua segurança e eficiência, ou à solidez e ao normal\n  funcionamento do Sistema de Pagamentos Brasileiro ou do Sistema Financeiro\n  Nacional</span></p>\n  </td>\n  <td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 1 - Análise da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">280</span></p>\n  </td>\n </tr>\n <tr><td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 2 - Análise da implementação da proposta</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">80</span></p>\n  </td>\n </tr>\n <tr style=\"height&#58;19.3pt;\"><td rowspan=\"2\" style=\"border&#58;solid windowtext 1.0pt;border-top&#58;none;padding&#58;0cm 0cm 0cm 0cm;height&#58;19.3pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Sociedades Prestadoras de Serviços de Ativos Virtuais</span></p>\n  </td>\n  <td rowspan=\"2\" style=\"border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 0cm 0cm 0cm;height&#58;19.3pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Autorização para funcionamento de sociedades prestadoras de\n  serviços de ativos virtuais que estiverem em atividade</span></p>\n  </td>\n  <td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;height&#58;19.3pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 1</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;height&#58;19.3pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">360</span></p>\n  </td>\n </tr>\n <tr style=\"height&#58;19.3pt;\"><td width=\"115\" valign=\"top\" style=\"width&#58;85.9pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;height&#58;19.3pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">Fase 2</span></p>\n  </td>\n  <td width=\"50\" valign=\"top\" style=\"width&#58;37.2pt;border-top&#58;none;border-left&#58;none;border-bottom&#58;solid windowtext 1.0pt;border-right&#58;solid windowtext 1.0pt;padding&#58;0cm 5.4pt 0cm 5.4pt;height&#58;19.3pt;\">\n  <p class=\"MsoNormal\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">720</span></p>\n  </td>\n </tr>\n</tbody></table>\n\n</div>\n\n<p class=\"default\" style=\"margin-top&#58;0cm;margin-right&#58;0cm;margin-bottom&#58;6.0pt;margin-left&#58;0cm;background&#58;white;\"><span style=\"font-family&#58;Calibri;font-size&#58;17.3333px;color&#58;rgb(68, 68, 68);\">&#160;</span></p>\n\n</span></div>\n\n\n\n\n</div>","Voto":"18/2026-BCB"}]}