{"id":491,"date":"2026-01-23T11:09:39","date_gmt":"2026-01-23T14:09:39","guid":{"rendered":"https:\/\/dgn.adv.br\/?p=491"},"modified":"2026-02-10T18:22:49","modified_gmt":"2026-02-10T21:22:49","slug":"caso-will-bank-liquidacao-novas-regras-fintechs-2026","status":"publish","type":"post","link":"https:\/\/www.dgn.adv.br\/en\/caso-will-bank-liquidacao-novas-regras-fintechs-2026\/","title":{"rendered":"Will Bank Case: What Fintechs Need to Know About Extrajudicial Liquidation and the Central Bank\u2019s New 2026 Rules"},"content":{"rendered":"<p>The extrajudicial liquidation of Will Bank, ordered on January 21 by Brazil\u2019s Central Bank (BCB \u2014 Banco Central do Brasil), marks an important moment of reflection for Brazil\u2019s digital finance ecosystem. With R$ 6.5 billion in CDBs (Bank Deposit Certificates) and 12 million customers affected, the case exposes weaknesses that go beyond a single institution and underscores the urgent need to strengthen governance, compliance, and transparency across the fintech landscape.<\/p>\n<div>\n<div id=\"copilot-message-r1te\" class=\"fai-CopilotMessage__content r1izxv8h ___7qar2c0 fcthzvy\" dir=\"auto\">\n<div dir=\"auto\">\n<div class=\"___1vve6yh f22iagw f1vx9l62 f122n59 f3bhgqh f1mnxvew fly5x3f\">\n<div class=\"___j4vmuw0 f22iagw f1vx9l62 f1869bpl fly5x3f fbc6vix\">\n<div tabindex=\"-1\" data-testid=\"loading-message\">\n<div id=\"chatMessageResponser1tc\" class=\"___1yop6mf f336tjw f9ijwd5 fz7g6wx fod5ikn f1s184ao\" data-testid=\"lastChatMessage\">\n<div class=\"___1j4t0a1 f1lmfglv f1abmfm4\" dir=\"auto\" aria-hidden=\"false\" data-testid=\"markdown-reply\" data-message-type=\"Chat\">\n<div class=\"___stpibi0 f22iagw f1vx9l62 fk15e71 f1k953kz f137keqj f1rncccw f1stllg3 f1w4kmmc f1tric3v f10dk5ic fx8cdsv f16nlwsl f1eookvz fhjrts3 fqugt2f f10km5jb f18d18k8 f1v1vhmp f1hdmul3 f198vjnp f2dshw1 fjpjndq fnmj2pj ffrrb40 f1mon110 fhajzam fimndk6 fxv4dng fb1rn9k f59wlhv f1xmfh30 f18yf5o5 fmr6chf fw8qy2q ff161sd f1qr7t77 f1yyogn1 foogchg fp5872b f1tpb8gf f1hdgrc8 f1vatr43 frkxccd f9pdzkb f158oiaz ft5kggy f5l4ui7 f13j03li f18xdoka f8off4e f1go6zfc f128n2ra f1jpxw2j f1lwd9n0 fy0b8hm f1g2633v fx4kvgi fkvolse f1gxrt3a f1os76ua f1js9cnw f1g87ej0 freluf8 f1yggaq6 f2i3chp f1151osp florpoh f35kzfz ftp9m57 f1e288vi fz62hnz fixvuys f1nmofwh fc1c6mv f18a2er7 fhvkrdl fhxnn68 f1oce4bo fvhlfan f7tc0t0 f1ngf1n2 ffrzq6x f1yjiq2m f1aqdgql f1huvaf f10ij78l f1k94sa4 fkmfumq f1jvzkyl f1eu24ob f1xbfc1f fmf0lwf f107dsy8 f3w566c f4648sl f13zpkng f7unjfp f8p1rz fzu6h1w f1i1bi6h f1smo7hi f1sk1xod f1kgogdq f1gjktkp ft608jz f19dd9cz fg3xr24 fhd155k f1b8gl2e fg4b9ou flb4lo fdicbfk fgwcyh1 f1jbds0d f1fb9uea f1stuka4 fcrtu6g fwqh0xn f11w66yg f6e0e65 f1vvgu0 f1607507 f1m9bycv f1ntoah8 f1b694rt faql4r2 fpjuhzh fmavl6h\">\n<p><strong>What happened to Will Bank?<\/strong><\/p>\n<p>This week, the Central Bank ordered the extrajudicial liquidation of Will Bank, triggering significant consequences, including:<br \/>\n\u2022 R$ 6.5 billion in CDBs (Bank Deposit Certificates) impacted<br \/>\n\u2022 12 million customers affected nationwide<br \/>\n\u2022 Immediate blocking of accounts, transfers, cards, and new contracts<br \/>\nThe situation is linked to the earlier liquidation of Banco Master in November of last year and highlights structural vulnerabilities the financial sector must urgently address.<\/p>\n<p><strong>Extrajudicial liquidation: what does it mean in practice?<\/strong><\/p>\n<p>Unlike court\u2011supervised reorganization (which aims to preserve business activity under judicial oversight), extrajudicial liquidation is decreed by the Central Bank when specific conditions compromise an institution\u2019s continuity.<\/p>\n<p><strong>When does the Central Bank decree extrajudicial liquidation?<\/strong><br \/>\n\u2022 Irreversible deterioration of the economic\u2011financial condition<br \/>\n\u2022 Serious violations of regulatory standards<br \/>\n\u2022 Losses that endanger creditors<br \/>\n\u2022 No viable path to recovery<\/p>\n<p><strong>What are the immediate consequences?<\/strong><br \/>\n\u2022 Shutdown of activities<br \/>\n\u2022 Orderly withdrawal of the institution from Brazil\u2019s National Financial System<br \/>\n\u2022 Liquidation of assets to pay creditors according to the legal order of priority set by banking law<\/p>\n<p><strong>Who is affected by Will Bank\u2019s liquidation and how?<\/strong><\/p>\n<p>Clients and investors<br \/>\n\u2022 Must file claims (credit habilitation) in the liquidation process, respecting the legal priority order established by the Central Bank.<\/p>\n<p>Controllers and executives<br \/>\n\u2022 Face potential asset unavailability and civil\/administrative liability for management acts.<\/p>\n<p>Fintechs in the sector<br \/>\n\u2022 Can expect tighter regulatory scrutiny and heightened corporate\u2011governance requirements from authorities.<\/p>\n<p>Institutional investors<br \/>\n\u2022 Should enhance due diligence, with deeper analysis of the legal, regulatory, and operational structures of financial and payment institutions.<\/p>\n<p><strong>New Central Bank rules for fintechs in 2026: what changes?<\/strong><\/p>\n<p>The Central Bank is implementing a series of regulatory changes that significantly raise the bar for payment institutions, virtual asset service providers, and Banking as a Service partners (BaaS \u2014 Banking as a Service).<\/p>\n<p><strong>Corporate governance<\/strong><br \/>\nFintechs will need to establish compliance functions meeting the same expectations applied to traditional banks, including formal policies, committees, and robust internal controls.<\/p>\n<p><strong>Minimum capital<\/strong><br \/>\nInstitutions must meet new minimum capital levels based on the type of authorization granted by the Central Bank, ensuring stronger balance\u2011sheet resilience.<\/p>\n<p><strong>Cybersecurity<\/strong><br \/>\nImplementation and evidence of information\u2011security controls will be required, with periodic audits and compliance reporting.<\/p>\n<p><strong>Contractual transparency<\/strong><br \/>\nClear allocation of responsibilities to end users will be mandatory, ending \u201cpooled\u2011account\u201d practices that obscure who is accountable for the contractual relationship.<\/p>\n<p><strong>AML\/CFT (anti\u2011money laundering and counter\u2011terrorist financing)<\/strong><br \/>\nInstitutions must implement rigorous AML\/CFT controls, including advanced transaction\u2011monitoring systems.<\/p>\n<p><strong>Why regulatory alignment is strategic for fintechs<\/strong><\/p>\n<p>Regulatory compliance is not just a legal obligation; it is a strategic opportunity for competitive positioning. Companies that move early:<br \/>\n\u2022 Build credibility with investors and customers<br \/>\n\u2022 Reduce operational and reputational risks<br \/>\n\u2022 Gain competitive advantage in the market<br \/>\n\u2022 Prepare for sustainable growth<br \/>\nThe Will Bank case reinforces an important lesson: 2026 will demand a new level of governance and regulatory compliance from fintechs. Those that adapt proactively will do more than meet legal obligations \u2014 they will lay stronger foundations for sustainable growth and earn the trust of investors, partners, and customers.<\/p>\n<p><strong>What the moment requires<\/strong><\/p>\n<p>\u2022 A comprehensive review of governance processes<br \/>\n\u2022 Investment in compliance technology<br \/>\n\u2022 Team training for the new regulatory environment<br \/>\n\u2022 Specialized legal counsel in banking and fintech regulation<\/p>\n<p>DGN Advogados (Donato &amp; Garcia Neto Advogados) closely follows the transformation of Brazil\u2019s digital financial sector to help organizations navigate the challenges and opportunities of this rapidly evolving market.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>The extrajudicial liquidation of Will Bank, ordered on January 21 by Brazil\u2019s Central Bank [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":493,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-noticias"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Liquida\u00e7\u00e3o Will Bank: Novas Regras Para Fintechs em 2026<\/title>\n<meta name=\"description\" content=\"Entenda a liquida\u00e7\u00e3o extrajudicial do Will Bank, seus impactos e as novas exig\u00eancias regulat\u00f3rias do Banco Central para fintechs em 2026.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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