BCB Instruction No. 543 of November 5, 2024

BCB INSTRUCTION NO. 543, OF NOVEMBER 5, 2024

Amends BCB Instruction No. 433, of December 1, 2023, which defines the accounting items of the Passive Compensation group of the account list of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif) for use by financial institutions and other institutions authorized to operate by the Central Bank of Brazil.

The Head of the Department of Financial System Regulation (Denor), using the authority conferred by Art. 23, item I, letter "a", of the Internal Regulations of the Central Bank of Brazil, annexed to BCB Resolution No. 340, of September 21, 2023, based on Arts. 12 of CMN Resolution No. 4,858, of October 23, 2020, and 10 of BCB Resolution No. 92, of May 6, 2021,

RESOLVES:

Art. 1. The following accounting items are included in Annex I of BCB Instruction No. 433, of December 1, 2023, published in the Official Gazette of the Union on December 14, 2023, observing the order of the "Account Code" column:

Account Code	Account Name	Estban	Function
9.0.9.69.00.00-5	PREPAID PAYMENT ACCOUNT - AVERAGE BALANCE - CONTROL	-	Record the monthly average value of prepaid payment accounts over the twelve months prior to the base date, in counterpart to title 3.0.9.69.00.00-1 PREPAID PAYMENT ACCOUNTS - AVERAGE BALANCE.
9.0.9.70.00.00-7	PAYMENT TRANSACTIONS CARRIED OUT IN THE MONTH - CONTROL	-	Record the value of the financial volume of payment transactions, cumulatively considering payments, transfers, and withdrawals of funds, regardless of the existence of any underlying obligation between the payer and the payee, carried out during the month, in counterpart to title 3.0.9.70.00.00-3 PAYMENT TRANSACTIONS CARRIED OUT IN THE MONTH.
9.0.9.91.00.00-8	ISSUANCE OF DEVELOPMENT CREDIT LETTERS DURING THE FISCAL YEAR	-	Record, by development banks or by BNDES, the issuance of Development Credit Letters (LCD) during the civil fiscal year, in counterpart to title 3.0.9.91.00.00-4 Issuance of Development Credit Letters During the Fiscal Year-Control.
9.0.9.96.00.00-3	VALUES OF REALIZED CAPITAL AND MINIMUM EQUITY OF PARTICIPATIONS - CONTROL	-	Record the values corresponding to the realized capital and minimum equity fixed for financial institutions and other institutions authorized to operate by the Central Bank of Brazil in which institutions of the species participate, directly, observing the proportional share of the participation, in counterpart to title 3.0.9.96.00.00-9 Values of Realized Capital and Minimum Equity of Participations.

Art. 2. The following accounting items are excluded from Annex I of BCB Instruction No. 433, of 2023:

Account Code	Account Name	Estban	Function
9.0.9.68.00.00-2	OPERATIONS OF THE DESENROLA PROGRAM	-	Record the values related to debt renegotiation operations, from own portfolio or assumed third-party portfolios, contracted in the capacity of financial agents within the scope of the Emergency Program for Renegotiation of Debts of Defaulting Individuals - Desenrola Brasil and the Program for Renegotiation of Debts of Individual Micro-entrepreneurs - MEIs, Microenterprises and Small Businesses - Desenrola Small Businesses, in counterpart to title 3.0.9.68.00.00-8 OPERATIONS OF THE DESENROLA PROGRAM.
9.0.9.83.00.00-5	EMERGENCY AND SUPPORT PROGRAMS FOR BUSINESSES - CONTROL	-	Record credit operations carried out within the scope of government emergency and business support programs registered in title 3.0.9.83.00.00-1 EMERGENCY AND SUPPORT PROGRAMS FOR BUSINESSES.

Art. 3. The following accounting item is amended in Annex I of BCB Instruction No. 433, of 2023:

Account Code	Account Name	Estban	Function
9.0.9.71.00.00-0	PAYMENT TRANSACTIONS CARRIED OUT - AVERAGE BALANCE - CONTROL	-	Record the sum of the financial volume of payment transactions carried out in the twelve months prior to the base date, in counterpart to title 3.0.9.71.00.00-6 PAYMENT TRANSACTIONS CARRIED OUT.

Art. 4. The following accounting item is excluded from Annex III of BCB Instruction No. 433, of 2023:

Account Code	Account Name	Estban	Function
9.3.9.01.00.00-6	INCURRED LOSSES - CONTROL	-	Record the values of incurred losses associated with credit risk in the formation of provisions for financial assets and leases. The balance must correspond to the sum of the balances of incurred losses in provisions for losses associated with credit risk, in counterpart to the sub-titles of title 3.3.9.01.00.00-2 Incurred Losses.

Art. 5. Annex IV is included in BCB Instruction No. 433, of 2023, in the form of this Instruction.

Art. 6. This Instruction enters into force on November 11, 2024.

GILNEU
FRANCISCO ASTOLFI VIVAN

"Annex IV

List of Accounting Items of Subgroup 9.8.0.00.00.00-5 OBLIGATIONS OF A LEGAL OR REGULATORY NATURE - CONTROL

Account Code	Account Name	Estban	Function
9.8.0.00.00.00-5	OBLIGATIONS OF A LEGAL OR REGULATORY NATURE - CONTROL	-	-
9.8.1.00.00.00-2	Programs and Operations with Government Guarantees or Incentives - Control	-	-
9.8.1.10.00.00-1	PROGRAMS AND OPERATIONS WITH GOVERNMENT GUARANTEES - CONTROL	-	Record the accounting value of programs and operations that have government guarantees.
9.8.1.20.00.00-0	PROGRAMS AND OPERATIONS WITH GOVERNMENT INCENTIVES - CONTROL	-	Record the accounting value of programs and operations that have government incentives that are not in the form of a guarantee.
9.8.2.00.00.00-9	External Entities	-	-
9.8.2.10.00.00-8	GUARANTEE FUNDS	-	Record, by institutions associated with FGC and FGCOOP, the values used in the calculation of the base for contributions to the respective guarantee funds, in counterpart to account 3.8.2.10.00.00-4 GUARANTEE FUNDS.
9.8.2.10.01.00-7	Ordinary Contribution	-	Record the contractual balance of financial instruments representing credits subject to ordinary guarantee of FGC and FGCOOP.
9.8.2.10.01.01-4	Demand Deposits or Withdrawable Upon Prior Notice	-	-
9.8.2.10.01.02-1	Savings Deposit	-	-
9.8.2.10.01.03-8	Time Deposit	-	-
9.8.2.10.01.04-5	Non-Transferable Deposits by Check	-	-
9.8.2.10.01.05-2	Bills of Exchange	-	-
9.8.2.10.01.06-9	Mortgage Letters	-	-
9.8.2.10.01.07-6	Real Estate Credit Letters	-	-
9.8.2.10.01.08-3	Agribusiness Credit Letters	-	-
9.8.2.10.01.09-0	Committed Operations - Linked - after March 8, 2012	-	-
9.8.2.10.02.00-6	Special Contribution	-	Record the contractual balance of financial instruments representing credits subject to special guarantee of FGC.
9.8.2.10.02.01-3	Time Deposit with Special Guarantee - with Alienation of Receivables	-	-
9.8.2.10.03.00-5	Additional Contribution - Reference Collection	-	Record the contractual balance of collections, according to the counterparty, for the calculation of the additional contribution to FGC.
9.8.2.10.03.01-2	Total Collection	-	-
9.8.2.10.03.02-9	(-) Collection from Linked Entities	-	-
9.8.2.10.03.03-6	(-) Collection from Financial Institutions	-	-
9.8.8.00.00.00-1	Tax Nature Controls	-	-
9.8.8.10.00.00-0	DEFERRED TAX ASSET - TRANSITION LAW 14.467 - CONTROL	-	Record the balance of deferred tax asset to be deducted in the determination of real profit and the base for calculating CSLL starting from January 2026, in accordance with Law No. 14.467, of 2022.
9.8.8.20.00.00-9	INCURRED LOSSES	-	Record the values of incurred losses associated with credit risk in the formation of provisions for financial assets and leases, in counterpart to title 3.8.8.20.00.00-5 Incurred Losses.

"
(NR)

NOTE 763/2024 – BCB/DENOR, OF NOVEMBER 5, 2024

Justifies proposal for the issuance of an instruction that alters accounting items of the group Passive Compensation of the account list of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif).

Head of Denor,

This Note justifies the proposal for the issuance of an instruction that alters accounting items of the account list of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif), according to the competence of the Department of Financial System Regulation (Denor), using the authority conferred by Art. 23, item I, letter "a", of the Internal Regulations of the Central Bank of Brazil (BCB), annexed to BCB Resolution No. 340, of September 21, 2023, based on Arts. 12 of CMN Resolution No. 4,858, of October 23, 2020, and 10 of BCB Resolution No. 92, of May 6, 2021.

2.           After completion of the  
   

harmonization process of the accounting standards provided for in Cosif with the international pronouncement IFRS 9 – Financial Instruments, issued by the International Accounting Standards Board (IASB), it was necessary to promote changes in the account structure of the Cosif chart of accounts, in order to allow the creation of new items and to meet the needs derived from the implementation of international standards.

3.           Thus, in December 2023,  
   

based on BCB Resolution No. 92, of 2021, instructions were issued consolidating the structure of the Cosif chart of accounts, with effect from January 2025. However, after the issuance of the instructions, it was found necessary to make some adjustments, in order to incorporate new changes to the account structure, to meet new legal and regulatory requirements, correct improprieties and improve the quality of information provided. Therefore, it is necessary to adjust Annexes I and III, and include
Annex IV in BCB Instruction No. 433, of December 1, 2023, which
defines the accounting items of the Passive Compensation group of the account list of Cosif.

4.           Finally, in compliance  
   

with the provisions of Art. 5 of Law No. 13,874, of September 20, 2019, Decree No. 10,411, of June 30, 2020, determines that proposals for normative acts of general interest of economic agents formulated by bodies and entities of the direct, autarchic and foundation federal public administration, as well as by collegial bodies through the body or entity responsible for providing administrative support, must be preceded by a Regulatory Impact Analysis (RIA).

5.           However, as provided  
   

in Art. 4, items II, IV and VII, of this Decree, the requirement to prepare an RIA may be waived for a normative act that aims to regulate rights or obligations defined in a hierarchically superior norm that does not allow, technically or legally, different regulatory alternatives, that aims to update or revoke norms considered obsolete, without change of merit, and also for normative acts that reduce requirements, obligations, restrictions, requests or specifications with the objective of decreasing regulatory costs. In this way, in light of these provisions, the instruction proposed herein is exempt from the preparation of an RIA.

For your consideration.

UVERLAN RODRIGUES PRIMO

Deputy Chief

In agreement.

GILNEU FRANCISCO ASTOLFI VIVAN

Head of Department