Central Bank of Brazil Resolution No. 578 - Amendments to the Internal Regulations

The Collegiate Board of the Central Bank of Brazil, in the exercise of its powers, based on Article 143 of the Internal Regulations, annexed to Resolution BCB No. 340 of September 21, 2023, and on Article 10, caput, item XIV, of Law No. 4.595 of December 31, 1964, and considering the provisions of Vote 80/2026–BCB of June 23, 2026,

R E S O L V E:

Art. 1º The Internal Regulations of the Central Bank of Brazil, annexed to Resolution BCB No. 340 of September 21, 2023, published in the Official Gazette of the Union on September 25, 2023, shall enter into force with the following amendments:

"Art. 11. ...........................................

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V - decide and, when applicable, review decisions on:

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v) the declaration of default of a financial institution within the scope of operations of the Liquidity Financial Lines;

w) the granting and alteration of limits for the conduct of operations of the Liquidity Financial Lines that require specific authorization; and

x) the following requests regarding IT Service Providers – PSTIs:

1. accreditation;

2. de-accreditation at request;

3. ex officio de-accreditation, except for the competence of the Director of Organization of the Financial System and Resolution; and

4. maintenance of accreditation or de-accreditation in the event of transfer or alteration of corporate control of the PSTI;

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"Art. 17. ...........................................

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V - decide and, when applicable, review decisions on:

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j) eligibility of instruments for composition of Reference Equity – PR, requests for authorization for repurchase or early redemption of these instruments, except for the case provided for in Article 97, caput, item I, letter “i”, and amendment, alteration or revocation of the terms of the Subordination Core;

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s) authorization and ex officio cancellation of authorization for the exercise of the activity of bookkeeping of bookkeeping bills;

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u) ex officio cancellation of authorizations for payment arrangements; and

v) the following requests relating to PSTIs:

1. maintenance of accreditation or de-accreditation in the event of designation of an administrator who does not meet the conditions established in the regulation; and

2. de-accreditation due to absence of designation of a substitute to exercise the functions of administrator, in the event of dismissal;

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IX - decide, originally, and, when applicable, review decisions on requests relating to matters within the decision-making authority of units directly subordinate to it, formulated in processes that also contain matters within its attribution;

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"Art. 97. ............................................

I - grant, review and propose the granting of authorization, when applicable, to institutions subject to the supervision of the Central Bank of Brazil and to members of the SPB so that they may:

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II - approve, review the decision of approval, when applicable, or propose the approval of the names of those elected or appointed to statutory and contractual positions in institutions subject to the supervision of the Central Bank of Brazil, as well as the names of members of credit guarantee funds;

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IV - analyze, decide or review the decision on, when applicable:

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b) request for registration and cancellation of registration of database managers for the reception of information on compliance originating from financial institutions and other institutions authorized to operate by the Central Bank of Brazil; and

c) accreditation and de-accreditation of PSTI;

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"Art. 98. ............................................

I - decide and, when applicable, review decisions on petitions of interest of institutions subject to the authorization of the Central Bank of Brazil and members of the SPB, as applicable, relating to:

a) .................................................

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5. consortium administrator;

6. classic credit cooperative; and

7. companies providing virtual asset services, including phase 1 of the authorization process for operation, when applicable;

b) institutions referred to in letter “a”, items 2, 3 and 7, and in letter “d”, item 13, when applicable:

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c) merger or spin-off that results in a new institution mentioned in letter “a”, items 2, 3 and 7, or in letter “d”, items 11, 12, 13 and 18, incorporation that results in a change of the corporate object of the acquiring company to one of these institutions or change of corporate object to one of these institutions;

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t) cancellation at request of the authorization for the exercise of the activity of bookkeeping of bookkeeping bills;

u) extension of the deadline for closing activities in cases of denial of a request for authorization for operation relating to a payment institution that is already providing payment services; and

v) change of modality of company providing virtual asset services;

II - decide, originally, and, when applicable, review decisions on requests relating to matters within the decision-making authority of the Deputy Heads and Heads of Subunits of Deorf, formulated in processes that also contain matters within its attribution;

III - decide and, when applicable, review decisions on:

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"Art. 99. ...........................................

I - decide and, when applicable, review decisions on:

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d) authorization for transfer or alteration of corporate control of direct credit company, peer-to-peer lending company and credit company for microentrepreneurs and small businesses, in the case of transfer of control to legal entities that does not imply alteration in the final controllers' roster of the institution;

II - decide, originally, and, when applicable, review decisions on requests relating to matters within the decision-making authority of the subunits of Deorf, formulated in processes that also contain matters within its attribution;

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Art. 2º Item 1 of letter "a" of item I of the caput of Article 99 of the Internal Regulations of the Central Bank of Brazil, annexed to Resolution BCB No. 340 of September 21, 2023, published in the Official Gazette of the Union on September 25, 2023, is hereby revoked.

Art. 3º The Department of People Management, Education, Health and Organization – Depes shall adopt the necessary measures for the dissemination of the amendments to the Internal Regulations.

Art. 4º This Resolution enters into force on the date of its publication.

GABRIEL MURICCA GALÍPOLO President of the Central Bank of Brazil