BCB Normative Instruction No. 694 — Amends the filling instructions and the Layout of document code 2030 - Social, Environmental and Climate Risk Document (DRSAC), referred to in BCB Normative Instruction No. 222, of December 28, 2021

BCB NORMATIVE INSTRUCTION No. 694, OF December 23, 2025

Amends the filling instructions and the Layout of document code 2030 - Social, Environmental and Climate Risk Document (DRSAC), referred to in BCB Normative Instruction No. 222, of December 28, 2021.

The Head of the Financial System Monitoring Department – Desig, in the exercise of the attribution conferred by art. 23, item I, subparagraph "a", of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84,287, of February 27, 2015, based on art. 85, item I, subparagraph "b", of the aforementioned Regulations, and in view of the provisions of BCB Resolution No. 151, of October 6, 2021, and BCB Normative Instruction No. 222, of December 28, 2021,

RESOLVES:

Art. 1 The new versions of the filling instructions and the Layout of document code 2030 - Social, Environmental and Climate Risk Document – DRSAC, available on the Central Bank of Brazil's website at https://www.bcb.gov.br/estabilidadefinanceira/leiautedocumentoscrd, shall come into force from the December 2026 reference date.

Art. 2 The Filling Instructions have been rewritten in a consolidated format.

Art. 3 The following modifications have been made to the Layout:

I - in the XML Structure tab:

a) in the “ExpOperCred” and “ExpTVM” tags:

1. inclusion of the attributes “avaliacaoPorFator” and “tipoAnalise”;

2. inclusion of evaluation codes “05” to “09” in the “RiscSoc”, “RiscAmb”, “RiscClimFis” and “RiscClimTrans” tags;

3. inclusion of types “04”, “05” and “06” in the “RiscClimFis” tag;

4. replacement of the “MitRiscClimFis” tag with the “AtenRisc” tag;

b) in the “ExpCliente” tag:

1. inclusion of the attributes “avaliacaoPorFator” and “tipoAnalise”;

2. inclusion of evaluation codes “05” to “09” in the “RiscSoc”, “RiscAmb”, “RiscClimFis” and “RiscClimTrans” tags;

3. inclusion of types “04”, “05” and “06” in the “RiscClimFis” tag;

4. change of the denomination of the “AgrMit” tag to “RefRisco” and replacement of codes “01”, “02”, “03”, “04”, “05”, “06” and “09” with codes “11”, “12”, “13”, “14” and “15”;

c) in the “ExpSetor” tag:

1. inclusion of the attribute “avaliacaoPorFator”;

2. inclusion of evaluation codes “05” to “09” in the “RiscSoc”, “RiscAmb”, “RiscClimFis” and “RiscClimTrans” tags;

3. inclusion of types “04”, “05” and “06” in the “RiscClimFis” tag;

d) in the “DocumentoDRSAC” tag:

1. inclusion of the “CarteiraTotal” tag;

II - in the Layout tab:

a) in the group “Credit Operation Risk Exposure”:

1. change of the group name to “Asset Risk Exposure”;

2. correction of the description of the “Asset Exposure” field;

3. inclusion of the attributes “avaliacaoPorFator” and “tipoAnalise” in the “Credit Operation Exposure” and “Securities Exposure” fields;

b) in the group “Client Risk Exposure”:

1. inclusion of the attributes “avaliacaoPorFator” and “tipoAnalise” in the “Client Exposure” field.

c) in the group “Client Economic Sector Risk Exposure”:

1. change of the group name to “Economic Sector Risk Exposure”;

2. inclusion of the attribute “avaliacaoPorFator” in the “Sector Exposure” field;

d) in the group “Information Detail”:

1. replacement of the “Physical Climate Risk Mitigator” field with the new “Risk Attenuator” field;

2. change of the name of the fields:

2.1. “Aggravators and Mitigators” to “References for client risk analysis”;

2.2. “Type of Aggravators and Mitigators” to “Type of Reference for Client Risk”;

2.3. “Situation of Aggravators and Mitigators” to “Situation of References for Client Risk”;

3. inclusion of the fields “Risk Attenuator” and “Dimension of the risk attenuator”;

e) inclusion of the new group “Total Portfolio” and its fields;

III - in the Annexes tab:

a) adjustments to the observations of annexes 06, 07, 08, 09 and 18;

b) in annex 08: inclusion of types “04”, “05” and “06”;

c) in annex 09: inclusion of evaluation codes “05” to “09”;

d) in annexes 11 and 17: adjustments to the names of the annexes;

e) in annex 16: adjustment to the name of the annex and replacement of codes “01”, “02”, “03”, “04”, “05”, “06” and “09” with codes “11”, “12”, “13”, “14” and “15”;

f) inclusion of annexes 21 to 26.

Art. 4 This Normative Instruction comes into force on the date of its publication.

ANDRÉ MAURÍCIO TRINDADE DA ROCHA

NOTE

The Social, Environmental and Climate Risk Document – DRSAC, regulated by BCB Resolution No. 151, of October 6, 2021, whose procedures for preparation and submission are defined in BCB Normative Instruction No. 222, of December 28, 2021, aims to capture data related to social risk, environmental risk and climate risk incurred by the institution in its exposures in credit operations and securities, and of its respective debtors.

2. This BCB Normative Instruction brings necessary corrections to make the DRSAC Filling Instructions and Layout more precise, allowing institutions to report risk assessments of assets, clients and sectors in a manner more adherent to their Social, Environmental and Climate Responsibility Policy – PRSAC. The changes in this BCB Normative Instruction make risk assessments more compatible with national and international standards and taxonomies related to the classification of social, environmental and climate impacts, which include:

I - fields for information on the total portfolio of the institution or conglomerate, by assessed dimension, type of person, type of asset, type of portfolio, risk level and temporal analysis horizon;

II - correction of some fields (tags) and attributes of the Layout; and

III - consolidated and more concise format for the Filling Instructions.

3. Decree No. 10,411, of June 30, 2020, regulates the performance of regulatory impact analysis – AIR as a prerequisite for the issuance of a normative act. However, in its article 4, the aforementioned decree establishes the hypotheses for exemption from performing AIR. This BCB Normative Instruction falls under the exemption established in item V, subparagraph “b” - V - normative act that aims to preserve liquidity, solvency or soundness: b) of financial, capital and exchange markets.

4. As described in paragraph 2, the changes now implemented aim to make the DRSAC Filling Instructions and Layout more precise, allowing institutions to report risk assessments of assets, clients and sectors in a manner more adherent to their Social, Environmental and Climate Responsibility Policy – PRSAC, which justifies the inclusion of this BCB Normative Instruction in the exemption from performing AIR provided for in subparagraph “b” of item V of art. 4 of Decree No. 10,411, of 2020.

5. It is worth mentioning, finally, that the proposal to amend the DRSAC was subject to social participation in the directed consultation modality, in December 2024 and May 2025 and, after analyzing the suggestions presented, the present text was reached.

6. Thus, based on the provisions of paragraphs 3 to 5, I understand that the issuance of this BCB Normative Instruction is exempt from performing AIR.

ANDRÉ MAURÍCIO TRINDADE DA ROCHA
Head of the Financial System Monitoring Department