Country Manual Credits
Brazil – Update 2025
out of Credit Institution’s Country of Establishment (Def, BT & Def)
| Source of changes | Answers |
|---|---|
| Law / Regulation | No |
| New Position of the Authorities | No |
| Evolution of Expert’s Interpretation | No |
Regulatory Template, Behaviour Template and Definitions and Concepts
Material changes
We can confirm that there have been no relevant regulatory changes since the last publication of this Country Manual.
Non-material changes
The manual emphasizes that certain types of credits (i.e., Portfolio-Backed lending and mortgage credits) may be classified as consumer credits if the borrower is considered a consumer under the Brazilian “Consumer Protection Code” and the purpose of the loan is personal.
Some comments and content have been slightly reworded (without introducing material changes) to reflect the regulatory situation/current interpretation of the regulatory framework more accurately.
For more information, please contact us: info@brpsa.com
Geneva, November 5th 2025