The Brazilian Superintendence of Private Insurance (SUSEP) held a virtual event, “Joint Resolution No. 12 and the Interoperability Agenda”, bringing together regulators, market associations and financial system infrastructure providers to discuss regulatory and technological developments reshaping Brazil’s insurance and credit ecosystem. The session positioned Joint Resolution No. 12/2024 as a newly established regulatory milestone whose implementation and evolution will be subject to ongoing refinement. Opening the event, SUSEP Superintendent Alessandro Octaviani described the resolution as an advance that also initiates a continuous improvement process to strengthen the system and expand interoperability with other parts of the ecosystem. Contributions from the Central Bank of Brazil and the Ministry of Finance emphasised the need for coordinated regulatory action to ensure coherent implementation of new technological structures. SUSEP Director Júlia Normande Lins highlighted that the ongoing changes span the credit, pension and capitalisation markets and underscored the growing role of market infrastructures and interoperability between them. A consolidated roundtable with representatives from insurance, pensions, capitalisation, brokers, the banking sector and financial market infrastructures discussed the system’s technological maturity, challenges to scaling interoperability, and opportunities from platform integration, including closer links between Open Finance, Open Insurance and related initiatives. SUSEP indicated that continued discussions with stakeholders will inform further enhancements to relevant rules and supporting systems, and made the event recording available via its YouTube channel.

Original source View in tracker