Brazil’s Securities Commission (CVM) established a specialized Financial Technology Division (DITEC) on July 31, 2026, through Resolution CVM 246, restructuring its internal framework to address rapid fintech innovation and digital transformation in capital markets. The new division operates within the Intelligence Development Superintendence (SDI) and replaces the former Institutional Development Division, positioning the regulator to examine technological shifts and emerging financial innovations affecting its regulated market.
- Resolution: CVM 246, updating CVM 24
- Effective Date: July 31, 2026
- New Division: Financial Technology Division (DITEC) within SDI
- Disbanded Unit: Institutional Development Division (DDEIN) from SDE
The DITEC’s mandate encompasses monitoring technological transformations, identifying opportunities to enhance core and support activities, and providing technical guidance to other CVM departments. The division will establish technical directives for advanced analytical and computational solutions while implementing policies governing ethical and responsible artificial intelligence use across the organization. Additional organizational adjustments affect the Intelligence Development Management, Data Governance and Protection Management, Licensing Management, and Market Supervision divisions.
Initial priorities for DITEC include providing technical advisory services on securities tokenization, a project scheduled for 2026-2027, and supporting the forthcoming Regulatory Sandbox round. The division will also monitor international fintech discussions within the IOSCO Fintech Task Force, ensuring Brazil’s capital markets regulator remains aligned with global standards on financial innovation and risk management.
The CVM is Brazil’s federal securities regulator, responsible for overseeing the capital markets and ensuring investor protection.
