Regulatory Alerts2020-04-30 | Resolução CMN 4812CMN Resolution No. 4812 - Governs the fundraising instruments for credit, financing, and investment companies
The National Monetary Council, through the Central Bank of Brazil, authorizes credit, financing, and investment companies to issue Certificates of Bank Deposit (CDB) and utilize eight specific instruments for raising funds. These instruments include interbank deposits, special guarantee time deposits, bills of exchange, agricultural and real estate credit letters, financial letters, committed operations, and bank deposit receipts. The resolution updates Resolution No. 3,454 of 2007 to align with these new provisions and revokes specific prior clauses, entering into force upon publication.
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