Regulatory Alerts2026-04-01 | Resolução BCB 556BCB Resolution No. 556 of April 1, 2026: Amends Circular No. 3,979 and Resolution BCB No. 356 to Postpone the Effective Date of Provisions Regarding the Operational Risk Database and Internal Loss Multiplier
The Central Bank of Brazil issued Resolution No. 556 to postpone the effective date of specific operational risk database and Internal Loss Multiplier (ILM) provisions for financial institutions. The resolution delays the mandatory inclusion of Segment 3 (S3) institutions in the operational risk data base and the use of the ILM calculation option until June 1, 2027, and January 1, 2029, respectively. Additionally, it establishes transitional data period options for S3 institutions and clarifies definitions for recovered values and related parties.
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