BCB Resolution No. 193 — Consolidates regulations on remitting information to the Central Bank of Brazil regarding foreign resource raising

Resolution No. 193

BCB RESOLUTION NO. 193, OF FEBRUARY 23, 2022

Consolidates regulations that provide for the remittance to the Central Bank of Brazil of information relating to the raising of resources abroad.

The Collegiate Board of the Central Bank of Brazil, in a session held on February 23, 2022, in view of the provisions of Arts. 10, items VII and IX, 11, item VII, and 37 of Law No. 4,595, of December 31, 1964, Art. 6 of Law No. 11,795, of October 8, 2008, and Art. 9 of Law No. 12,865, of October 9, 2013,

R E S O L V E:

Art. 1 This Resolution provides for the remittance of information relating to the raising of resources abroad to the Central Bank of Brazil by financial institutions and other institutions authorized to operate by the Central Bank of Brazil.

Sole paragraph. The provisions of this Resolution do not apply to institutions in extrajudicial liquidation, under intervention, or under a temporary special administration regime.

Art. 2 The institutions referred to in Art. 1 must prepare and remit to the Central Bank of Brazil the information relating to the raising of resources abroad, comprising:

I - resource raising operations;

II - principal payment; and

III - raising stock.

Sole paragraph. The information referred to in the caput must cover operations carried out by institutions that are part of the same prudential conglomerate, in accordance with the Accounting Standard for Institutions Regulated by the Central Bank of Brazil (Cosif), including their branches and subsidiaries abroad.

Art. 3 The information referred to in:

I - items I and II of Art. 2 must be calculated daily, whenever there is resource raising or principal payment;

II - item III of Art. 2 must be calculated monthly, with the last day of each month as the base date.

Art. 4 The information referred to in Art. 2 must be calculated on an individualized basis by institution and must be remitted:

I - by the lead institution of each conglomerate, regarding the institutions that are part of the conglomerate;

II - by cooperative banks, confederations constituted by central credit cooperatives or central credit cooperatives, regarding the cooperatives that are part of systems organized in three or two levels;

III - by financial institutions and other institutions authorized to operate by the Central Bank of Brazil that do not belong to conglomerates and by cooperatives that are not part of organized cooperative systems of three or two levels.

Art. 5 The information referred to in this Resolution, as well as the documentation of the methodology for its calculation and the respective original data, must be kept available to the Central Bank of Brazil for a period of five years.

Art. 6 The director responsible for providing the information provided for in legal and regulatory norms is responsible for the remittance of the information referred to in this Resolution.

Art. 7 The Financial System Monitoring Department (Desig) is authorized to establish the form and other conditions for the provision of the information referred to in this Resolution.

Art. 8 Payment institutions are obliged to remit the information referred to in this Resolution starting from October 1, 2022.

Art. 9 The following are revoked:

I - Circular No. 3,737, of December 4, 2014; and

II - Circular No. 3,759, of June 10, 2015.

Art. 10. This Resolution enters into force on May 1, 2022.

Paulo Sérgio Neves de Souza

Director of Supervision