On June 30, 2025, the Chamber of Deputies approved amendments to the Federal Law for the Prevention and Identification of Operations with Illicit Proceeds, expanding the powers of the Ministry of Finance, broadening the scope of vulnerable activities —including cryptocurrencies, real estate developments, and ADR facilitators— and detailing new obligations for regulated entities. Key changes include stricter requirements for identification and data retention, automated transaction monitoring, and the incorporation of the concept of Politically Exposed Persons.
Consult the full content of the Legal Briefing here.