RegAlert2024-11-05 | Instrução Normativa BCB 543Added
BCB Instruction No. 543 of November 5, 2024
This instruction amends the Cosif accounting standards by adding four new control accounts for prepaid payment accounts, monthly payment transactions, development credit letter issuances, and minimum capital requirements for participations, while removing control accounts related to the Desenrola debt renegotiation program and emergency government support programs. It also updates the definition for the average balance of monthly payment transactions and removes the incurred losses control account from Annex III. Additionally, it introduces a new Annex IV establishing control accounts for legal or regulatory obligations, including government guarantees, external entities, and tax-related items. These changes apply to financial institutions and other entities authorized by the Central Bank of Brazil and enter into force on November 11, 2024.
BCB published 15 documents in the last 30 days — get each new one by email the day it lands.
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,
Read the rest free, and get an email when BCB publishes again
Lineage: In force
Source: Banco Central do Brasil — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
More like this from BCB
BCB published 15 documents in the last 30 days. We email you each new one the day it's published.