Regulatory Alerts2024-03-25 | Instrução Normativa Conjunta 3Joint Instruction No. 3 — Amends Instruction BCB No. 296 of August 22, 2022, regarding credit operation registration with the Public Sector (Cadip)
The Head of the Financial System Monitoring Department (Desig) of the Central Bank of Brazil amends Article 6 of Instruction BCB No. 296/2022 to update the Cadip system for registering credit operations with the public sector. The amendment introduces new operational modalities (UG, US, PG, NP, and 3P) to align with changes made to CMN Resolution No. 4,995/2022 by Resolution No. 5,115/2024, specifically covering operations with and without Union guarantees and those related to Public-Private Partnerships. This instruction enters into force on April 1, 2024, and is exempt from regulatory impact analysis as it implements mandatory hierarchical norms and constitutes a low-impact administrative adjustment.
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