Regulatory Alerts2026-02-26 | Resolução CMN 5284CMN Resolution No. 5,284 — Amends Resolution CMN No. 4,897 to Adjust Proex Financing Conditions
The National Monetary Council of Brazil, through the Central Bank, amends Resolution CMN No. 4,897 to update the regulatory framework for Proex Financing. The amendments introduce new deadlines for disbursement requests, mandate full collateralization, authorize pre-shipment schedule reprogramming with additional interest, and establish strict penalties for unexported goods. Additionally, the resolution defines key terminology and implements a specific methodology for calculating reimbursement and fines in cases of operational disqualification.
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