> ## Documentation Index
> Fetch the complete documentation index at: https://support.wepayments.com.br/llms.txt
> Use this file to discover all available pages before exploring further.

# Regulatory Requirements

> Overview of the regulatory framework governing WEpayments and your obligations as a customer.

## Regulatory Framework

WEpayments operates as a **Payment Institution (Instituição de Pagamento)** authorized and supervised by the **Central Bank of Brazil (Banco Central do Brasil — BCB)** under Law 12,865/2013 and its complementary regulations.

As a regulated entity, WEpayments must comply with:

* **Law No. 12,865/2013**, which regulates payment institutions and payment arrangements within the Brazilian Payment System (SPB)
* **Resolution BCB No. 80/2021** and subsequent updates governing payment institutions
* **Law No. 9,613/1998**, which establishes measures for the prevention of money laundering and terrorist financing
* **General Data Protection Law (LGPD) – Law No. 13,709/2018**
* **PIX Regulation (BCB Resolution No. 1 of August 12, 2020, and related rules)**
* **Resolution BCB No. 277 of 31/12/2022**, which establishes requirements applicable to foreign exchange and international payment transactions

As a customer of WEpayments, you may be required to provide information and supporting documentation to ensure compliance with applicable regulatory, compliance, and operational requirements.

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## Customer Obligations

By using the WEpayments platform, customers agree to comply with applicable Brazilian financial regulations, including:

### Know Your Business (KYB)

All business accounts must undergo KYB verification before activating payment capabilities. Required documents include:

* CNPJ (Corporate Tax ID)
* Articles of Incorporation or equivalent
* Proof of address (last 90 days)
* Identification documents for all Ultimate Beneficial Owners (UBOs) with ≥25% ownership

### Ongoing Monitoring

Customers must keep their registration data up to date. Material changes (ownership structure, legal name, address) must be reported to WEpayments within 30 days.

### Prohibited Activities

The WEpayments platform may not be used for:

* Gambling or games of chance (unless specifically licensed)
* Cryptocurrency exchanges without appropriate licensing
* Any activity classified as illegal under Brazilian law
* Transactions associated with sanctioned individuals or entities (OFAC, UN, BCB lists)

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## Reporting Obligations

WEpayments is required to report to the BCB and COAF (Brazil's financial intelligence unit) any transactions that:

* Are suspected of being related to money laundering or terrorism financing
* Involve unusual patterns that cannot be explained by legitimate business activity
* Exceed reporting thresholds defined in COAF Resolution No. 36/2021

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## Sanctions and Enforcement

Non-compliance with these requirements may result in:

* Transaction blocking or account suspension
* Reporting to regulatory authorities
* Termination of the service agreement

For compliance-related questions, contact [compliance@wepayout.co](mailto:compliance@wepayout.co).