title: Brazil — Technical compliance: What must the platform meet? | advennt.io canonical: https://advennt.io/jurisdictions/brazil/technical/ [Jurisdictions](https://advennt.io/jurisdictions/) [Brazil](https://advennt.io/jurisdictions/brazil/) Technical compliance Brazil · Question 08 of 11 # Technical compliance: What must the platform meet? Mixed · Probable · Not reviewed · [Back to full Brazil report →](https://advennt.io/jurisdictions/brazil/) Key section parameters | Jurisdiction | Brazil (BR) | |---|---| | Regulator | Recorded in register | | Favourability | Mixed | | Confidence | Probable | | Review status | | | Not reviewed Last collected | 18 Oct 2026 | Summary answer CMN Resolution No. 5,298/2026, published 24 April 2026 and effective from 4 May 2026, prohibits the use of derivatives lacking real economic backing, a measure explicitly designed to prevent betting products from being disguised, or maquiagem, as other financial instruments. The resolution reflects … ## Full section analysis CMN Resolution No. 5,298/2026, published 24 April 2026 and effective from 4 May 2026, prohibits the use of derivatives lacking real economic backing, a measure explicitly designed to prevent betting products from being disguised, or maquiagem, as other financial instruments. The resolution reflects cross-agency coordination between the Finance Ministry, ANATEL and the Attorney General's Office, and is a mixed-durability instrument in that it operationalises a Conselho Monetario Nacional resolution rather than primary legislation. For operators and their financial counterparties, the practical effect is a new technical-product compliance dimension: any derivative or structured product offered in connection with betting activity must now demonstrate genuine economic backing or risk falling foul of the anti-disguising prohibition.