BCB Normative Instruction No. 563 — Deadline for Submission of January and February 2025 Data for Market Risk, Operational Limits, Liquidity Risk, and Credit Data Documents

BCB NORMATIVE INSTRUCTION NO. 563, OF DECEMBER 12, 2024

Establishes the deadline for the submission of the January and February 2025 base dates for documents with codes 2060 - Market Risk Statement (DRM), 2061 - Operational Limits Statement (DLO), 2062 - Individual Operational Limits Statement (DLI), 2160 - Liquidity Risk Statement (DRL), 2170 - Long-Term Liquidity Indicator Statement (DLP), 3040 - Credit Risk Data, and 3050 - Credit Statistics and Leasing Data, as provided for in, respectively, BCB Normative Instructions Nos. 101, of April 26, 2021, 81, of February 23, 2021, 85, of March 10, 2021, 399, of June 29, 2023, 107, of May 17, 2021, and Circular Letter No. 3,869, of March 19, 2018.

The Head of the Financial System Monitoring Department – Desig and the Head of the Statistics Department – Dstat, 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, published through BCB Resolution No. 340, of September 21, 2023, based, respectively, on Articles 85, item I, letter “b” and 103, item I, of said Regulations, and taking into account the provisions of CMN Resolutions Nos. 4,966, of November 25, 2021, and 5,037, of September 29, 2022, BCB Resolutions Nos. 69, of February 10, 2021, 84, of March 31, 2021, 207, of March 22, 2022, 352, of November 23, 2023, and 428, of November 7, 2024, Circulars Nos. 3,869, of December 19, 2017, and 3,870, of December 19, 2017, BCB Normative Instructions Nos. 81, of February 23, 2021, 85, of March 10, 2021, 101, of April 26, 2021, 107, of May 17, 2021, and 399, of June 29, 2023, and Circular Letter No. 3,869, of March 19, 2018,

RESOLVE:

Art. 1 This Normative Instruction establishes the deadline for submission to the Central Bank of Brazil, regarding the base dates of January and February 2025, for the documents with the following codes:

I - 2060 - Market Risk Statement (DRM);

II - 2061 - Operational Limits Statement (DLO);

III - 2062 - Individual Operational Limits Statement (DLI);

IV - 2160 - Liquidity Risk Statement (DRL);

V - 2170 - Long-Term Liquidity Indicator Statement (DLP);

VI - 3040 - Credit Risk Data; and

VII - 3050 - Credit Statistics and Leasing Data.

Art. 2 Financial institutions and other institutions authorized to operate by the Central Bank of Brazil, in accordance with current regulations, are permitted to submit the document with code:

I - 2060 - Market Risk Statement (DRM), as provided for in Normative Instruction No. 101, of April 26, 2021, regarding the base dates of January and February 2025: until April 5, 2025;

II - 2061 - Operational Limits Statement (DLO), as provided for in Normative Instruction No. 81, of February 23, 2021, regarding the base date of January 2025: until April 5, 2025;

III - 2062 - Individual Operational Limits Statement (DLI), as provided for in Normative Instruction No. 85, of March 10, 2021, regarding the base date of January 2025: until April 5, 2025;

IV - 2160 - Liquidity Risk Statement (DRL), as provided for in Normative Instruction No. 399, of June 29, 2023, regarding the base dates of January and February 2025: until April 5, 2025;

V - 2170 - Long-Term Liquidity Indicator Statement (DLP), as provided for in BCB Normative Instruction No. 107, of March 17, 2021, regarding the base dates of January and February 2025: until April 5, 2025;

VI - 3040 - Credit Risk Data, as provided for in Circular Letter No. 3,869, of March 19, 2018, regarding:

a) base date of January 2025: until February 26, 2025;

b) base date of February 2025: until March 20, 2025; and

VII - 3050 - Credit Statistics and Leasing Data, as provided for in Circular Letter No. 3,869, of March 19, 2018, regarding:

a) base date of January 3, 2025, containing data from December 30 and 31, 2024: until January 10, 2025;

b) base date of January 3, 2025, containing data from January 2 and 3, 2025: until January 23, 2025;

c) base date of January 10, 2025: until January 30, 2025;

d) base date of January 17, 2025: until February 7, 2025;

e) base date of January 24, 2025: until February 13, 2025;

f) base date of January 31, 2025: until February 20, 2025;

g) base date of February 7, 2025: until February 21, 2025;

h) base date of February 14, 2025: until February 26, 2025;

i) base date of February 21, 2025: until March 7, 2025;

j) base date of February 28, 2025: until March 14, 2025.

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

ANDRÉ MAURÍCIO TRINDADE DA ROCHA FERNANDO ALBERTO G SAMPAIO C ROCHA

Head of the Department of Head of the Department of Statistics

Financial System Monitoring

NOTE

1. CMN Resolution No. 4,966, of November 25, 2021, and BCB Resolution No. 352, of November 23, 2023, concluded the process of harmonizing the accounting standards provided for in the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif) with the international pronouncement IFRS 9 – Financial Instruments issued by the International Accounting Standards Board (IASB).

2. To allow for accounting bookkeeping in the Cosif chart of accounts to be aligned with the accounting criteria and procedures established in the regulation issued by the CMN and the BCB, it was necessary to alter the items of said chart of accounts, which culminated in the issuance of BCB Normative Instructions (NIs) Nos. 426, 427, 428, 429, 430, 431, 432, and 433, all of 2023. With the issuance of these NIs, there was a significant alteration of Cosif, with the inclusion of one more level in its list of accounts, moving from the current 5 levels to 6, which is being called Cosif version 1.5.

3. The alterations that impact Cosif, described in the aforementioned regulations, enter into force on January 1, 2025. Given the significant alterations being proposed, BCB Resolution No. 428 of November 7, 2024, was issued, relaxing the deadline for the submission of accounting documents with codes 4010 - Analytical Balance Sheet, 4060 - Analytical Balance Sheet - Prudential Conglomerate, and 4500 - Banking Statistics. With this, the aforementioned documents, for the base dates of January and February 2025, may be submitted to this Central Bank of Brazil until March 31, 2025.

4. It should be noted that the relaxation of the deadline for the submission of documents established by BCB Resolution No. 428, of 2024, originated from a request made by the Brazilian Association of International Banks (ABBI), the Brazilian Federation of Banks (Febraban), and the Brazilian Bankers Association (ABBC), who reported operational difficulties for the submission, by their members, of documents regarding the base dates of January and February 2025.

5. Thus, given the changes that will be implemented starting in January 2025 and after analyzing the request made by ABBC, ABBI, and Febraban, it was deemed appropriate to relax the deadline for the submission of the documents listed below, regarding the base dates of January and February 2025, whose management falls under the Financial System Monitoring Department – Desig and the Statistics Department - Dstat:

I - 2060 - Market Risk Statement (DRM);

II - 2061 - Operational Limits Statement (DLO);

III - 2062 - Individual Operational Limits Statement (DLI);

IV - 2160 - Liquidity Risk Statement (DRL);

V - 2170 - Long-Term Liquidity Indicator Statement (DLP);

VI - 3040 - Credit Risk Data;

VII - 3050 - Credit Statistics and Leasing Data.

6. Decree No. 10,411, of June 30, 2020, regulates the conduct of regulatory impact analysis – AIR as a prerequisite for the issuance of normative acts. However, in its Article 4, said decree establishes the hypotheses for exemption from conducting AIR. This Normative Instruction falls under the hypothesis provided for in item VII - normative act that reduces requirements, obligations, restrictions, requests, or specifications with the objective of reducing regulatory costs.

7. The extension of the deadline for the submission of accounting documents to this Central Bank currently proposed aims to reduce the regulatory cost for regulated institutions, which will have a longer deadline for the preparation and submission of the aforementioned documents, thus justifying the classification of this Normative Instruction under item VII of Decree No. 10,411, of 2020.

8. Thus, based on the provisions in paragraphs 6 and 7, we understand that the issuance of this BCB NI is exempt from conducting AIR.

ANDRÉ MAURÍCIO TRINDADE DA ROCHA FERNANDO ALBERTO G SAMPAIO C ROCHA

Head of the Department of Head of the Department of Statistics

Financial System Monitoring