RegAlert2022-03-22 | Resolução BCB 211Added
BCB Resolution No. 211 of March 22, 2022
This resolution amends the Regulation annexed to BCB Resolution No. 105 to define a new Settlement Account for credit guarantee funds, clearinghouses, and settlement service providers, and mandates the use of the RSFN as the primary access method for these entities. It also authorizes credit guarantee funds to conduct repurchase operations with the Central Bank of Brazil. These changes apply to credit guarantee funds, clearinghouses, and other institutions authorized by the Central Bank of Brazil that do not hold Reserve Bank Accounts.
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Resolution No. 211
BCB RESOLUTION NO. 211, OF MARCH 22, 2022
Amends provisions of the Regulation annexed to BCB Resolution No. 105, of June 9, 2021, which regulates the functioning of the Reserve Transfer System (STR), the Reserve Bank Account, and the Settlement Account at the Central Bank of Brazil, to provide for the maintenance of a Settlement Account and participation in the STR by credit guarantee funds, and authorizes the carrying out of repurchase operations between the Central Bank of Brazil and credit guarantee funds.
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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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