Regulatory Alerts2026-03-06 | Instrução Normativa BCB 715BCB Instruction Normative No. 715 of March 6, 2026
The Central Bank of Brazil issued Instruction Normative No. 715 to clarify the deduction of compulsory deposit requirements when institutions prepay contributions to the Credit Guarantee Fund (FGC). The regulation establishes that prepayments made by May 2026 can be split into installments with specific deduction components for sight and time deposits, which must be reported via the RCO0002 message using designated CodItems. These deduction values remain constant for specified calculation periods before being systematically reduced by one-sixtieth in subsequent periods.
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