Lula assina decreto que permite bancos bloquearem recursos e contas de bets ilegais

President Lula has signed a decree granting banks authority to freeze accounts and block funds associated with illegal betting operations. Following judicial determination, seized assets are to be transferred to the National Public Security Fund, creating a financial consequence mechanism for unlicensed gambling activity.

The decree leverages the banking system as an enforcement tool, recognising that illegal betting operations depend on financial infrastructure to move money. By empowering banks to act on regulatory guidance, the government creates friction within the payment ecosystem supporting clandestine operators.

This approach aligns with international best practices in combating illegal gambling, where financial institutions serve as gatekeepers. The redirection of seized funds to public security initiatives also creates a revenue stream supporting law enforcement, establishing a self-reinforcing enforcement cycle. The requirement for judicial approval ensures due process while enabling swift action against confirmed illegal operations.