BCB Resolution No. 187 — Amends Circular No. 3,644 of March 4, 2013 Regarding Risk-Weighted Assets Calculation for Credit Risk Exposures Under the Standardized Approach

BCB RESOLUTION NO. 187, OF FEBRUARY 23, 2022

Regulatory document revoked, as of July 1, 2023, by BCB Resolution No. 230, of July 27, 2022.

Amends Circular No. 3,644, of March 4, 2013, which establishes the procedures for the calculation of the portion of risk-weighted assets (RWA) relating to credit risk exposures subject to the calculation of the capital requirement using the standardized approach (RWACPAD).

The Collegiate Board of the Central Bank of Brazil, in a session held on February 23, 2022, based on the provisions of Articles 9, 10, item IX, and 11, item VII, of Law No. 4,595, of December 31, 1964, and in view of Article 3, paragraph 2, of CMN Resolution No. 4,958, of October 21, 2021,

RESOLVES:

Art. 1 Circular No. 3,644, of March 4, 2013, shall enter into force with the following alteration:

“Art. 23.
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XII - credit operations to be amortized based on resources from the Energy Development Account (CDE), as provided in Article 13, items XIII-A and XVII, of Law No. 10,438, of April 26, 2002, provided that the following conditions are met cumulatively:

a) the credit operations must be in compliance with the provisions set forth in the regulation of the National Electric Energy Agency (ANEEL) and in Decree No. 10,350, of May 18, 2020, or in Decree No. 10,939, of January 13, 2022, as applicable;

b) the credit rights owed by the CDE to the Covid Account or the Water Scarcity Account must be assigned fiduciarily or pledged in favor of the lending institution; and

c) the CDE quotas, specific for the amortization of the credit operations, must be increased to constitute a liquidity reserve equivalent to at least 10% (ten percent) of the sum of the principal, financial charges, and other administrative costs related to the operation.

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Art. 2 This Resolution enters into force on the date of its publication.

Otávio Ribeiro Damaso
Regulation Director