BCB Normative Instruction No. 434 — Amends BCB Normative Instruction No. 244 Regarding Global Systemic Importance Assessment (IAISG) Information Submission

BCB Normative Instruction No. 434 amends the annex to BCB Normative Instruction No. 244 to align the submission of Global Systemic Importance Assessment (IAISG) information with the calculation methodology changes introduced by BCB Resolution No. 357 of 2023. Financial institutions are required to include the indicators "Fixed Income Trading Volume" and "Other Trading Volume" in their annual submissions, using the calendar year as the data base starting from December 31, 2023. The instruction enters into force on the date of its publication to ensure the validity of these changes for the specified data base.

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BCB NORMATIVE INSTRUCTION NO. 434, OF DECEMBER 4, 2023

Amends
BCB Normative Instruction No. 244, of March 21, 2022, which consolidates the procedures for the submission of information for the assessment of global systemic importance (IAISG), as provided for in BCB Resolution No. 171, of December 9, 2021.

The Head of the Financial System Monitoring Department (Desig), in the exercise of the authority conferred upon him 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 art. 85, item I, letter “b”, of the aforementioned Regulations, and having regard to the provisions of BCB Resolutions Nos. 171, of December 9, 2021, and 357, of November 28, 2023,

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This document amends: Normative Instruction BCB No. 244 — Consolidates Procedures for Remitting Information for Global Systemic Importance Assessment (IAISG)

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