Resolution No. 208

BCB RESOLUTION NO. 208, OF MARCH 22, 2022

Amends and consolidates normative acts regarding the daily submission of information to the Central Bank of Brazil.

The Collegiate Board of the Central Bank of Brazil, in a session held on March 22, 2022, based on arts. 10, item IX, 11, item VII, and 37 of Law No. 4.595, of December 31, 1964, art. 1, § 1, of Complementary Law No. 130, of April 17, 2009, art. 9, items II, VII and VIII, of Law No. 12.865, of October 9, 2013, and having in view the provisions of Resolutions Nos. 4.282, of November 4, 2013, and 4.553, of January 30, 2017, and BCB Resolution No. 197, of March 11, 2022,

RESOLVES:

Art. 1 This Resolution deals with the daily submission of information to the Central Bank of Brazil by financial institutions and other institutions authorized to operate by the Central Bank of Brazil:

I - classified in Segment 1 (S1), Segment 2 (S2), Segment 3 (S3) or Segment 4 (S4); or

II - issuers of electronic money.

Art. 2 The institutions referred to in art. 1 must send to the Central Bank of Brazil information regarding:

I - to accounting balances, of an asset and liability nature, relating to:

a) liquidity;

b) trading and intermediation of securities;

c) demand deposits;

d) time deposits;

e) judicial deposits;

f) electronic money (prepaid payment accounts);

g) client available funds; (Wording given, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

h) resources from foreign exchange acceptances; and (Wording given, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

i) other liabilities; (Included, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

II - to savings deposits, relating to the:

a) total balance at the end of the day;

b) total earnings credited on the day; and c) total deposits made on the day; and d) total withdrawals made on the day;

III - to the financial volume of payment transactions carried out on the day;

IV - to Bank Deposit Certificates (CDBs), Bank Deposit Receipts (RDBs) and own-issued notice deposits, relating to:

a) total value redeemed on the day; b) total value raised on the day; c) balance at the end of the day; and d) daily average issuance rate, equivalent to the ratio between the sum of the products of the day rates by the value raised in each title and the total value raised on the day.

Sole Paragraph. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil that are issuers of electronic money classified in Segment 5 (S5) or that do not have a prudential segment must send only the information referred to in the caput relating to electronic money and to the financial volume of payment transactions.

Art. 3 The information referred to in art. 2 must be calculated on an individualized basis by institution and must be sent daily, observing the calculation method of art. 4:

I - by the leading institution of each prudential conglomerate, regarding the information of the institutions belonging to the same conglomerate, in accordance with the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif); (Wording given, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

II - by cooperative banks, by confederations constituted by central credit cooperatives or by central credit cooperatives, regarding the information of the cooperatives belonging to an organized system of three or two levels; and (Wording given, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

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 do not belong to organized systems of three or two levels.

Art. 4 The proof of the information referred to in art. 2, as well as the documentation of the methodology adopted for its calculation, must be kept available to the Central Bank of Brazil for a period of five years.

Art. 5 The institutions referred to in art. 3 must designate a director responsible for the calculation and submission of the information referred to in this Resolution.

§ 1 It is admitted that the director designated under the caput performs other functions in the institution, provided that the absence of conflict of interest is ensured.

§ 2 The data regarding the director designated under the caput must be registered and kept updated in the Central Bank of Brazil's registration information system.

Art. 6 The Central Bank of Brazil will establish the operational procedures, the form, the deadline for submission and the other conditions necessary to comply with the provisions of this Resolution.

Sole Paragraph. The Central Bank of Brazil may establish a simplified procedure or special conditions to exempt from daily submission the institution that does not present a balance relating to the information referred to in art. 2.

Art. 7 Without prejudice to compliance with the provisions of this Resolution, institutions that are already required to carry out daily submissions of information to the Central Bank of Brazil under the Circulars referred to in art. 8 will maintain compliance with that regulation until: (Wording given, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

I - June 30, 2023, regarding the provisions: (Included, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

a) in art. 1 of Circular No. 2.132, of February 6, 1992; and (Included, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

b) in Circular No. 2.286, of March 10, 1993; (Included, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

II - September 30, 2023, relating to Circular No. 2.023, of August 22, 1991; and (Included, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

III - January 31, 2024, regarding the provisions: (Included, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

a) in arts. 2, 3, 4, 5, 7, 8 and 9 of Circular No. 2.132, of 1992; and (Included, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

b) in Circular No. 2.985, of June 15, 2000. (Included, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

Art. 8 The following are revoked: (Wording given, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

I - Circular No. 2.023, of 1991; (Wording given, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

II - art. 1 of Circular No. 2.132, of 1992; (Wording given, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

III - Circular No. 2.286, of 1993; (Wording given, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

IV - Circular No. 2.132, of 1992; and (Wording given, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

V - Circular No. 2.985, of 2000. (Included, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

Art. 9 This Resolution enters into force on: (Wording given, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

I - July 1, 2023 regarding art. 8, items II and III; (Wording given, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

II - September 1, 2023 regarding art. 2, item II; (Wording given, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

III - October 1, 2023 regarding art. 8, item I; (Included, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

IV - January 1, 2024 regarding art. 2, item IV; (Included, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

V - February 1, 2024 regarding art. 8, items IV and V; and (Included, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

VI - June 1, 2023 regarding the other provisions. (Included, as of 3/1/2023, by BCB Resolution No. 292, of 2/14/2023.)

Paulo Sérgio Neves de Souza
Director of Supervision

Otávio Ribeiro Damaso
Director of Regulation