Regulatory Alerts2020-06-18 | Resolução CMN 4826CMN Resolution No. 4826 - Procedures for Financial Institution Operations under Complementary Laws No. 101/2000 and No. 173/2020
The National Monetary Council, through the Central Bank of Brazil, issued Resolution No. 4826 to establish procedures for credit operations guaranteed by the Union under specific legal frameworks. Financial institutions are required to verify compliance with limits and conditions directly, centralize document receipt for Union-guaranteed loans, and submit requests to the Ministry of Economy. The resolution explicitly exempts these operations from certain prohibitions in Resolution No. 4,589 and procedures in Resolution No. 3,751, while mandating Treasury Secretary approval before formalizing contracts.
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