Restrictions On Financial Transactions In Brazilian Betting Sector
On April 18, 2024, the Brazilian Secretariat of Prizes and Betting of the Ministry of Finance (SPA/MF) published Normative Ordinance SPA/MF No. 615, with the general rules to be observed in payment transactions carried out by betting operators. Among these rules, there are several restrictions for the sector. The prohibitions established in this Ordinance are as follows: See the main points of the restrictions on financial transactions in the brazilian betting: To understand the Normative Ordinance, consult EGS Digital Services. You’ll find the best support for the iGaming business. Licenses, platforms, compliance, bank accounts, and various services to boost your business. Font: Google
