BCB Instruction No. 281 of April 18, 2022: Amends the Effective Date of Provisions in BCB Instructions Nos. 240, 241, and 242

Resolution No. 222

BCB INSTRUCTION NO. 281, OF APRIL 18, 2022

Amends the start of validity of provisions provided for in BCB Instructions Nos. 240, of March 11, 2022, 241 and 242, both of March 14, 2022, which deal with the compulsory collection on savings deposit resources, the compulsory collection on demand resources, and the revocation of normative instruments on compulsory collection.

The Head of the Department of Banking Operations and Payment Systems (Deban), using the authority conferred by Art. 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, and considering the provisions of BCB Resolutions Nos. 188 and 189, both of February 23, 2022,

RESOLVES:

Art. 1º BCB Instruction No. 240, of March 11, 2022, shall enter into force with the following wording:

“Art. 7º The provisions of this Instruction shall be observed starting from the calculation period beginning on May 30, 2022, and ending on June 3, 2022, whose adjustment will occur on June 13, 2022.” (NR)

“Art. 8º The following are revoked, after producing their effects in the calculation period beginning on May 23, 2022, and ending on May 27, 2022, whose adjustment will occur on June 6, 2022:

................................................................................................................” (NR)

Art. 1º (Revoked by BCB Instruction No. 470, of May 15, 2024.)

Art. 2º BCB Instruction No. 241, of March 14, 2022, shall enter into force with the following wording:

“Art. 6º ............................................................................................................

I - for financial institutions that are part of Group “A”, starting from the calculation period beginning on June 6, 2022, and ending on June 17, 2022, whose adjustment will occur on June 27, 2022; and

II - for financial institutions that are part of Group “B”, starting from the calculation period beginning on May 30, 2022, and ending on June 10, 2022, whose adjustment will occur on June 20, 2022.” (NR)

“Art. 7º The following are revoked, after producing their effects, for financial institutions that are part of Group “A”, in the calculation period beginning on May 23, 2022, and ending on June 3, 2022, whose adjustment will occur on June 13, 2022, and for financial institutions that are part of Group “B”, in the calculation period beginning on May 16, 2022, and ending on May 27, 2022, whose adjustment will occur on June 6, 2022:

................................................................................................................" (NR)

Art. 2º(Revoked, effective January 1, 2025, by BCB Instruction No. 555, of December 2, 2024.)

Art. 3º BCB Instruction No. 242, of March 14, 2022, shall enter into force with the following wording:

“Art. 2º This Instruction enters into force on July 1, 2022.” (NR)

Art. 4º This Instruction enters into force on the date of its publication.

Rogério Antônio Lucca

NOTE

Decree No. 10,411, of June 30, 2020, determines in its Art. 3º that the issuance, alteration, or revocation of normative acts of general interest for economic agents or users of services provided by direct, autarchic, and foundational federal public administration bodies and entities must be preceded by a regulatory impact analysis (RIA).

However, this same Decree lists, in the items of § 2º of its Art. 3º, normative acts to which the aforementioned obligation does not apply, among which we highlight acts “that deal strictly with exchange and monetary policy” (item IV of the aforementioned paragraph).

Therefore, having in view dealing strictly with monetary policy, the preparation of an RIA does not apply to the proposed instruction.

Finally, having in view the prescriptions of Art. 4º of Decree No. 10,139, of November 28, 2019, considering that it is an operational description of regulation already in force, immediate validity is necessary.

Rogério Antonio Lucca
Head of the Department of Banking Operations and Payment Systems