BCB Instruction No. 258 — Provisions on Information Used for LCR Calculation under Resolution No. 4,401 and Circular No. 3,749

BCB INSTRUCTION NO. 258, OF MARCH 30, 2022

Provisions on the information used for the calculation of the LCR referred to in Resolution No. 4,401, of February 27, 2015, and Circular No. 3,749, of March 5, 2015.

The Heads of the Department of Strategic Management and Specialized Supervision (Degef) and the Department of Banking Supervision (Desup), in the exercise of the authority conferred upon them by Article 23, item I, letter “a” of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84,287, of February 27, 2015,

R E S O L V E:

Art. 1º The information used for the calculation of the LCR, referred to in the sole paragraph of Article 50 of Circular No. 3,749, of 2015, must:

I - be those sufficient to replicate the LCR calculation process, in its entirety; and

II - be kept available to the Central Bank of Brazil regarding the last business day of each month and the 42 (forty-two) business days preceding the last LCR calculation base date.

Art. 2º Circular Letter No. 3,835, of August 16, 2017, is hereby revoked.

Art. 3º This Instruction enters into force on the date of its publication.

Adalberto
Felinto da Cruz Junior Belline
Santana
Head of Degef Head of Desup

NOTE

The regulation of this subject deals with the concepts and methodology for calculating the Short-Term Liquidity (LCR) indicator. In Circular Letter No. 3,835, of August 16, 2017, the information that must be kept available to the Central Bank of Brazil, in accordance with the sole paragraph of Article 50 of Circular No. 3,749, of March 5, 2015, is clarified.

2. Decree No. 10,139, of November 28, 2019, establishes the obligation for bodies and entities of the direct, autarchic, and foundational federal public administration to review and consolidate normative acts issued within the scope of their respective competencies. This measure aims to review, update, simplify, and consolidate normative acts, in order to rationalize the regulatory stock. Based on the aforementioned decree, we proceeded with the review.

3. Given that the terms of this Instruction are considered to be of low impact, serving only as clarification for compliance with a regulatory provision, without presenting innovations in relation to the aforementioned Circular Letter, and therefore without causing an increase in costs for economic agents, users, budgetary or financial expenses, nor impacting the public policy implemented, in accordance with item III of Article 4 of Decree No. 10,411, of June 30, 2020, there is no need to prepare a regulatory impact analysis (AIR) as referred to in Article 5 of Law No. 13,874, of September 20, 2019.

Adalberto
Felinto da Cruz Junior
Head of the Department of Strategic Management and Specialized Supervision (Degef)

Belline
Santana
Head of the Department of Banking Supervision (Desup)