2025-11-03 | Resolução Conjunta 14

Joint Resolution No. 14 — Methodology for Calculating Minimum Paid-in Share Capital and Net Equity Limits for Financial Institutions

The Central Bank of Brazil and the National Monetary Council issued Joint Resolution No. 14 to establish the methodology for calculating the minimum paid-in share capital and net equity that financial institutions must maintain. The regulation defines operational, investment, and funding activities, assigning specific monetary values and multipliers to determine the required capital base. It also introduces transitional rules for existing institutions and amends several prior resolutions to align with the new standards.

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