2020-07-08 | Carta Circular 4069The Head of the Department of Banking Operations and Payment Systems (Deban) of the Central Bank of Brazil amends Circular Letter No. 4,060 to update the calculation methodology for liquidity requirements. The revision establishes specific formulas for determining operational capital, deductions for free and rural savings, and the final liquidity amount to be remitted. These changes take effect on the date of publication of the Circular Letter.