RegAlert2021-10-19 | Resolução BCB 156Added · Updated
BCB Resolution No. 156 — Accounting Criteria and Procedures for Consortium Administrators
BCB Resolution No. 156 establishes accounting criteria and procedures for consortium administrators authorized by the Central Bank of Brazil to record consortium groups. It mandates that consortium group accounting be individualized and separate from the administrator's own records, requiring analytical controls for daily deposit balances and periodic reconciliation of financial applications. The resolution specifies accounting treatments for consortium groups in formation, formed, and closed, including the handling of unclaimed resources and defaulting members' pending payments. It also requires adjusting asset and compensation accounts when referenced prices change and mandates disclosure of unclaimed resources in explanatory notes, revoking Circular No. 3,259 of 2004 and entering into force on January 1, 2022.
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BCB RESOLUTION NO. 156, OF OCTOBER 19, 2021
Establishes the accounting criteria and procedures to be observed by consortium administrators authorized to operate by the Central Bank of Brazil in the bookkeeping of consortium groups.
The Collegiate Board of the Central Bank of Brazil, in a session held on October 19, 2021, based on Arts. 6 and 7, item III, of Law No. 11,795, of October 8, 2008,
R E S O L V E:
Art. 1 This Resolution establishes the accounting criteria and procedures to be observed by consortium administrators authorized to operate by the Central Bank of Brazil in the bookkeeping of consortium groups.
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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
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