Central Bank Instruction No. 749 — Amends Instruction No. 85/2021 Regarding Reporting of Regulatory Limits and Leverage Ratio Standards

The Head of the Financial System Monitoring Department, acting under the authority granted by Article 23, item I, letter “a”, of the Internal Regulations of the Central Bank of Brazil, annexed to Resolution BCB No. 340 of September 21, 2023, based on Article 85, item I, letter “b”, of the aforementioned Regulations, and considering the provisions of CMN Resolution No. 5,223 of May 30, 2025, Joint Resolution No. 19 of April 23, 2026, and BCB Resolutions Nos. 478 of May 30, 2025, and 570 of May 19, 2026,

RESOLVES:

Art. 1º Instruction BCB No. 85 of March 10, 2021, published in the Official Gazette of the Union – DOU on March 11, 2021, Section 1, p. 55, republished in the DOU on March 12, 2021, Section 1, p. 112, shall enter into force with the following alterations:

“Art. 2º ....................................................................................................................................

I - guarantees for financing for the purchase of securities, guarantees for securities lending for sale, and the set of financing operations for the purchase of securities and securities lending operations for sale, in relation to securities brokerage firms and securities distribution firms;

.................................................................................................................................................

III - credit operations with related parties, in relation to financial institutions and leasing companies, as provided in CMN Resolution No. 4,693 of October 29, 2018;

IV - fundraising through time deposits and financial bills, in relation to development banks, as provided in CMN Resolution No. 5,047 of November 25, 2022;

V - obtaining loans or financing from financial institutions, in relation to securities brokerage firms and securities distribution firms, as provided in CMN Resolution No. 5,008 of March 24, 2022;

VI - credit operations of credit cooperatives with the sharing of resources and risks with other credit cooperatives belonging to the same cooperative system, as provided in CMN Resolution No. 5,051 of November 25, 2022;

VII - issuance of the Development Credit Note – LCD, as provided in CMN Resolution No. 5,169 of August 22, 2024; and

VIII - minimum requirement for the Leverage Ratio – LR on an individual basis or on a sub-consolidated basis, in accordance with BCB Resolution No. 478 of May 30, 2025, in relation to financial institutions and other institutions authorized to operate by the Central Bank of Brazil classified in S1 or S2, except for standalone institutions not part of a prudential conglomerate.

§ 1º The regulatory limits and standards referred to in the main text must be calculated on an individualized basis, with the base date being the last day of the month.

§ 2º If the LR is calculated on a sub-consolidated basis, the minimum requirement referred to in item VIII of the main text must be reported only by the leading institution of the sub-conglomerate.” (NR)

Art. 2º The new versions of the Layout and the Filling Instructions for document code 2062 – Individual Operational Limits Statement – DLI, available on the Central Bank of Brazil’s website at https://www.bcb.gov.br/estabilidadefinanceira/leiautedocumentoscrd, shall enter into force starting from the July 2026 base date.

Art. 3º The following modifications were made to the Filling Instructions, identified in the document with the acronym (NR2):

I - in Chapter II - General Guidelines: alterations in items: 3, 8.a, 8.b, and 12;

II - in Chapter IV - Specific Guidelines: inclusion of item: 6;

III - in Chapter V - Tables:

in Table 001 – Limits: inclusion of code: 14.00; in Table 003 - Accounts:

in item A) Detailing of the Minimum Net Worth Limit – Minimum NW:

modification in the filling instructions for accounts: 1.90.10.10, 1.90.10.10.20, and 1.90.10.10.30; and inclusion of accounts: 1.90.10.10.60 and 1.90.10.10.70;

in item B) Detailing of the Minimum Paid-in Capital Limit:

modification in the filling instructions for accounts: 2.10.00, 2.90.10.10, 2.90.10.10.20, and 2.90.10.10.30; and inclusion of accounts: 2.10.02, 2.90.10.10.60, and 2.90.10.10.70;

Inclusion of item F) Detailing of the Leverage Ratio Limit and its accounts, and renumbering of subsequent items;

in Table 004 – Parameter Code: inclusion of domains 22 and 23; in Table 006 – Element: inclusion of codes 9, 10, 11, and 12; Inclusion of Table 009 – Code for the form of holding capital instruments and other investee instruments; Inclusion of Table 010 – Indicator for exclusion of non-controlling interests participation; Inclusion of Table 011 – Credit Conversion Factor (CCF) and Potential Future Exposure Factor (PFEF); and Inclusion of Table 012 – Indicator for sending information related to the Leverage Ratio – LR limit.

Art. 4º The following modifications were made to the layout, identified in the document with the acronym (NR2):

I - in Annex 2 - Limits: inclusion of code 14.00;

II - in Annex 3 – Parameter Code: inclusion of domains 22 and 23;

III - in Annex 5 – Element Code: inclusion of codes 9, 10, 11, and 12;

IV - in Annex 4 - Accounts:

inclusion of accounts: 1.90.10.10.60, 1.90.10.10.70, 2.10.02, 2.90.10.10.60, 2.90.10.10.70, 14.00.00, 14.01.00, 14.10.00, 14.10.91, 14.10.92, 14.20.00, 14.20.01, 14.20.02, 14.20.03, 14.20.04, 14.20.05, 14.20.06, 14.20.07, 14.20.08, 14.20.09, 14.20.10, 14.20.10.01, 14.20.91, 14.20.91.01, 14.20.91.02, 14.20.91.02.01, 14.20.91.02.90, 14.20.91.03, 14.20.91.04, 14.20.91.05, 14.20.91.06, 14.20.91.07, 14.20.91.08, 14.20.91.09, 14.20.92, 14.20.92.01, 14.20.92.02, 14.20.92.03, 14.20.92.04, 14.20.92.06, 14.20.92.06.01, 14.20.92.06.90, 14.20.92.09, 14.20.92.09.01, 14.20.92.09.02, 14.20.92.10, 14.20.92.11, 14.20.92.12, 14.20.92.12.01, 14.20.92.12.02, 14.20.92.14, 14.20.93, 14.20.93.01, 14.20.93.01.01, 14.20.93.01.90, 14.20.93.02, 14.20.93.02.01, 14.20.93.03, 14.20.93.03.01, 14.20.93.03.90, 14.20.93.04, 14.20.93.04.01, 14.20.93.04.90, 14.20.93.05, 14.20.93.05.01, 14.20.93.05.90, 14.20.93.06, 14.20.93.06.01, 14.20.93.06.90, 14.20.94, 14.20.94.06, 14.20.94.06.01, 14.20.94.06.01.01, 14.20.94.06.01.01.01, 14.20.94.06.01.01.90, 14.20.94.06.02, 14.20.94.06.03, 14.20.94.07, 14.20.94.07.01, 14.20.94.07.01.01, 14.20.94.07.01.01.01, 14.20.94.07.01.01.90, 14.20.94.07.02, 14.20.94.07.03, 14.20.94.08, 14.20.94.08.01, 14.20.94.08.02, 14.20.94.08.03, 14.20.94.09.01, 14.20.94.09.02, 14.20.94.09.03, 14.20.94.09.04, 14.20.94.09.05, 14.20.94.10, 14.20.94.10.01, 14.20.94.10.01.01, 14.20.94.10.01.90, 14.20.94.10.01.91, 14.20.94.10.90, 14.20.94.10.90.01, 14.20.94.10.90.90, 14.20.94.10.90.91, 14.20.94.10.90.92, 14.20.94.10.90.93, 14.20.95, 14.90.00, 14.90.20, 14.90.10, 14.90.10.10, 14.90.10.10.10, 14.90.10.10.90, 14.90.10.10.90.01, 14.90.10.10.90.02, 14.90.10.10.90.03, 14.90.10.10.90.04, 14.90.10.10.90.05, 14.90.10.10.90.06, 14.90.10.10.90.07, 14.90.10.10.90.08, 14.90.10.10.90.09, 14.90.10.10.90.10, 14.90.10.10.90.11, 14.90.10.10.90.12, 14.90.10.20, 14.90.10.20.10, 14.90.10.20.10.01, 14.90.10.20.10.02, 14.90.10.20.10.03, 14.90.10.20.10.04, 14.90.10.20.20, 14.90.10.20.20.01, 14.90.10.20.20.02, 14.90.10.20.20.03, 14.90.10.20.30, 14.90.10.20.30.01, 14.90.10.20.30.02, 14.90.10.20.30.90, 14.90.10.20.30.91, 14.90.10.30, 14.90.10.31, 14.90.10.31.01, 14.90.10.31.01.01, 14.90.10.31.01.90, 14.90.10.31.02, 14.90.10.31.03, 14.90.10.31.04, 14.90.10.32, 14.90.10.32.01, 14.90.10.32.01.01, 14.90.10.32.01.90, 14.90.10.32.02, 14.90.10.32.02.01, 14.90.10.32.02.90, 14.90.10.40, 14.90.10.40.01, 14.90.10.40.02, 14.90.10.40.03, 14.90.10.40.04, 14.90.10.40.05, 14.90.10.50, 14.90.10.60, and 14.90.10.90;

V - inclusion of Annex 9 – Code for the form of holding capital instruments and other investee instruments;

VI - inclusion of Annex 10 – Indicator for exclusion of non-controlling interests participation;

VII - inclusion of Annex 11 – Credit Conversion Factor (CCF) and Potential Future Exposure Factor (PFEF);

VIII - inclusion of Annex 12 – Indicator for sending information related to the Leverage Ratio – LR limit.

Art. 5º The sole paragraph of Art. 2º of Instruction BCB No. 85 of 2021 is hereby revoked.

Art. 6º This Instruction enters into force on July 1, 2026.

ANDRÉ MAURÍCIO TRINDADE DA ROCHA

NOTE

The Individual Operational Limits Statement – DLI, document code 2062, whose normative basis is BCB Resolution No. 69 of February 10, 2021, reflects the prudential regulation provided for in various resolutions issued by the National Monetary Council – CMN and the Central Bank of Brazil – BCB, with Instruction BCB No. 85 of March 10, 2021, aiming to present, in a synthetic manner, the procedures for sending information regarding the detailed calculations of individual limits monitored by the BCB, on the base date of their calculation.

2. On May 30, 2025, CMN Resolution No. 5,223 and BCB Resolution No. 478 were published, which provide for the scope and methodology for calculating the Leverage Ratio – LR, introduce a minimum LR requirement for Type 3 institutions, and establish conditions for the exclusion of exposures among members of the same cooperative system. Based on these Resolutions, the calculation of the Leverage Ratio on an individual basis became mandatory for Type 1 and Type 3 institutions classified in segments S1 and S2.

3. On April 23, 2026, Joint Resolution No. 19 was published, which amends Joint Resolution No. 14 and provides for the methodology for calculating the minimum limit of paid-in social capital and net worth of financial institutions and other institutions authorized to operate by the Central Bank of Brazil. The aforementioned norm establishes that, for the purpose of verifying compliance with the minimum paid-in social capital limit provided in Joint Resolution No. 14, the sum of the balance maintained in the legal reserve is admitted.

4. On May 19, 2026, BCB Resolution No. 570 was published, which amends BCB Resolution No. 517 and provides for adjustments in the calculation of requirements related to technology infrastructure-intensive services, in the case of credit cooperatives belonging to systems. The amendment establishes that the additional charge now applies to the central cooperative or the confederation, and not to the standalone cooperative, in a manner similar to the treatment applicable to the provision of a transactional account within the Pix framework.

5. The alterations promoted by this Instruction have the following purposes:

I - to adjust the wording of Instruction BCB No. 85 of 2021 to the new wording of BCB Resolution No. 69 of February 10, 2021, as amended by BCB Resolution No. 573 of June 10, 2026;

II - to redefine, in the Filling Instructions and the DLI layout, new groups of accounts intended for the sending, by supervised entities, of information related to the minimum Leverage Ratio limits;

III - to promote adjustments to consider the balance maintained in the legal reserve for compliance with the minimum paid-in social capital limit; and

IV - to reflect the treatment applicable to credit cooperatives belonging to systems regarding technology infrastructure-intensive services.

6. Decree No. 10,411 of June 30, 2020, regulates the conduct of regulatory impact analysis – AIR as a prerequisite for the issuance of normative acts of general interest to economic agents. However, in its Article 4º, the aforementioned decree establishes the hypotheses for exemption from conducting AIR. This BCB Instruction falls under the hypotheses provided for in item II – normative act intended to discipline rights or obligations defined in a hierarchically superior norm that does not allow, technically or legally, different regulatory alternatives, and in letter “b” of item V, namely: V – normative act aimed at preserving liquidity, solvency, or soundness: b) of the financial, capital, and foreign exchange markets.

7. As clarified in paragraphs 2º to 5º and with the publication of BCB Resolution No. 573 of 2026, there was no alternative but to make adjustments to Instruction BCB No. 85 of 2021 and to document code 2062 – Individual Operational Limits Statement – DLI, so that it reflects the provisions of these Resolutions, which justifies the classification of this Instruction under the exemption provided for in item II of Art. 4º of Decree No. 10,411 of 2020. Furthermore, the alterations proposed herein aim to allow for the adequate monitoring of individual limits that must be complied with by institutions, thus justifying the classification of this norm under letter “b” of item V of the aforementioned Decree in the exemption hypotheses reported in the previous paragraph.

8. Thus, based on the provisions of paragraphs 6 and 7, I understand that the issuance of this BCB Instruction is exempt from conducting AIR.

ANDRÉ MAURÍCIO TRINDADE DA ROCHA

Head of the Financial System Monitoring Department