Bill to block betting payments advances in Deputies
The Finance and Taxation Committee of Brazil's Chamber of Deputies has approved a bill that places the financial system at the center of the fight against illegal gambling. The initiative, identified as PL 4.044/2025 and presented by federal deputy Laura Carneiro, obliges banks and payment institutions to detect suspicious transactions linked to unauthorized operators and to share that information with regulatory authorities.
The text introduces a paradigm shift for the regulated Brazilian market. Instead of concentrating control on websites and brands, it seeks to cut off the flow of resources to clandestine platforms through financial channels. To do this, it requires financial entities to implement automated systems capable of identifying recurring patterns associated with illegal operators and to build a permanent map of suspicious movements.
The proposal includes penalties for entities that fail to comply with the new obligations. Fines will be proportional to the volume of unreported transactions, and the law enables joint liability in cases of proven negligence. Companies with repeated failures may even face temporary or permanent suspensions of their activity, a pressure tool that places compliance officers in a central position.
Another key aspect of the project is the creation of an integrated information exchange system between financial institutions, authorized operators, and regulatory bodies. The idea is to coordinate real-time blockages, maintain detailed records for at least five years, and accelerate fraud detection. If Congress approves the text, banks and processors will have 180 days from its enactment to adapt their internal processes.
The project still needs to pass through the Constitution and Justice Committee and the Plenary of Deputies, but its approval by the CFT alone sends a clear signal to the market. Brazil becomes the first country in Latin America to advance with a systematic scheme for the financial sector to participate in the fight against informal gambling, a recipe that Colombia, Argentina, and Chile are observing closely as they debate similar tools for their own regulatory processes.
Tags: Brazil, Brasilia, Brazil regulation, illegal gambling Brazil, Brazil financial system, iGaming LatAm compliance