BCB Normative Instruction No. 762 — Amends BCB Normative Instructions Nos. 428 and 430, defining accounting entries for Active Compensation and Shareholders' Equity in the Accounting Standard for Regulated Institutions

The Head of the Financial System Regulation Department (Denor), in the exercise of the attribution conferred upon him by art. 23, item I, subparagraph "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, R E S O L V E S :
Art. 1 The following accounting entries are included in Annex IV of BCB Normative Instruction No. 428, 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
3.8.1.10.41.00-4
Novo Desenrola Brasil Program

3.8.1.10.41.10-7
Gross Book Value

To record the book value, before provisions for losses, of operations contracted under the Extraordinary Financial Rebalancing Program for Families – Novo Desenrola Brasil.
3.8.1.10.41.90-1
(-) Expected Losses

To record the provision for losses of operations contracted under the Extraordinary Financial Rebalancing Program for Families – Novo Desenrola Brasil.
Art. 2 The following accounting entries are included in Annex I of BCB Normative Instruction No. 430, 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
6.1.5.10.20.10-8
With Statutory Restriction

To record the balance of the reserve fund of credit cooperatives whose articles of association provide for its use only to offset losses.
6.1.5.10.20.20-1
Without Statutory Restriction

To record the balance of the reserve fund of credit cooperatives whose articles of association do not restrict its use only to offset losses.
6.1.5.10.30.10-5
With Statutory Restriction

To record amounts reverted to the reserve fund, in compliance with art. 17-D of Complementary Law No. 130, of 2009, by credit cooperatives whose articles of association provide for its use only to offset losses.
6.1.5.10.30.20-8
Without Statutory Restriction

To record amounts reverted to the reserve fund, in compliance with art. 17-D of Complementary Law No. 130, of 2009, by credit cooperatives whose articles of association do not restrict its use only to offset losses.
Art. 3 The provisions of this Normative Instruction apply to accounting documents prepared from the July 2026 reference date.
Sole Paragraph. From the reference date mentioned in the caput, any accounting balances recorded in other accounting entries must be reclassified to the appropriate accounting entries created by this Normative Instruction.
Art. 4 This Normative Instruction enters into force on the date of its publication.
MARDILSON FERNANDES QUEIROZ
NOTE 606/2026 – BCB/DENOR, OF JULY 10, 2026
Justifies the proposal for issuing a normative instruction to amend BCB Normative Instructions Nos. 428 and 430, both of December 1, 2023, which define, respectively, the accounting entries for the Active Compensation and Shareholders' Equity groups in the chart of accounts of the Accounting Standard for Institutions Regulated by the Central Bank of Brazil (Cosif). Dear Head of Denor,

1. This Note justifies the proposal for issuing a normative instruction that amends accounting entries for the Active Compensation and Shareholders' Equity groups in the chart of accounts of the Accounting Standard for Institutions Regulated by the Central Bank of Brazil (Cosif), in accordance with the competence of the Financial System Regulation Department (Denor), 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 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. The issuance of Provisional Measure No. 1,355, of May 4, 2026, established the Extraordinary Financial Rebalancing Program for Families – Novo Desenrola Brasil. Thus, in order to enable adequate monitoring, by the units linked to the Director of Supervision, of credit operations granted by financial institutions participating in this program, I propose the creation of accounts for the segregated recording of the gross book value and expected losses of such operations.
3. Additionally, Joint Resolution No. 19, of April 23, 2026, amended Joint Resolution No. 14, of November 3, 2025, allowing, for entities belonging to a cooperative system, the computation of the balance maintained in reserve funds in the calculation of the minimum limit of paid-up capital, provided that there is a provision, in the entity's articles of association or social contract, that the fund may only be used to offset losses or damages. Thus, in order to evidence the reserve fund of these institutions that meet the normative restrictions imposed by Joint Resolution No. 19, of 2026, it is necessary to adjust the Cosif chart of accounts.
4. Finally, art. 5 of Law No. 13,874, of September 20, 2019, determines that proposals for the issuance and amendment of normative acts of general interest to economic agents or users of services provided, issued by an agency or entity of the federal public administration, including autarchies and public foundations, shall be preceded by a regulatory impact analysis (AIR).
5. However, as provided for in art. 4, item II, of Decree No. 10,411, of June 30, 2020, which regulates this Law, the AIR may be waived in the case of a normative act that disciplines rights or obligations defined in a hierarchically superior norm that does not technically or legally allow for different regulatory alternatives. Thus, in view of this provision, I understand that the normative instruction now proposed is exempt from the preparation of an AIR, as it promotes an alteration in Cosif with the purpose of disciplining the necessary controls for the correct application of the provisions of Joint Resolution No. 19, of 2026, and Provisional Measure No. 1,355, of 2026.
   For your consideration.
   UVERLAN RODRIGUES PRIMO
   Deputy Head
   Agreed.
   MARDILSON FERNANDES QUEIROZ
   Head of Department