BCB Resolution No. 227 — Amends the Effective Dates of Provisions in Resolutions BCB Nos. 188, 189, 190, and 191

Resolution No. 227

RESOLUTION
BCB NO. 227, OF APRIL 13, 2022

Amends the effective date of provisions provided for in BCB Resolutions Nos. 188, 189, 190, and 191, all dated February 23, 2022, which deal with mandatory collections on demand resources, on savings deposit resources, and on deposit and guarantee resources.

The Collegiate Board of Directors of the Central Bank of Brazil, in a session held on April 13, 2022, based on art. 10, items III and IV, of Law No. 4,595, of December 31, 1964, and art. 66 of Law No. 9,069, of June 29, 1995,

RESOLVES
:

Art. 1º BCB Resolution No. 188, of February 23, 2022, shall enter into force with the following alterations:

“Art. 15. The provisions of this Resolution shall be observed starting from the calculation period beginning on May 30, 2022, and ending on June 3, 2022, whose adjustment will occur on June 13, 2022.” (NR)

“Art. 16. The following are revoked, after producing their effects in the calculation period beginning on May 23, 2022, and ending on May 27, 2022, whose adjustment will occur on June 6, 2022:

................................................................................................................”
(NR)

Art. 2º BCB Resolution No. 189, of February 23, 2022, shall enter into force with the following alterations:

“Art. 19. …………..………………………………………………………………………………..........

I - for financial institutions that are part of Group “A”, starting from the calculation period beginning on June 6, 2022, and ending on June 17, 2022, whose adjustment will occur on June 27, 2022; and

II - for financial institutions that are part of Group “B”, starting from the calculation period beginning on May 30, 2022, and ending on June 10, 2022, whose adjustment will occur on June 20, 2022.” (NR)

“Art.
20. The following are revoked, after producing their effects, for financial institutions that are part of Group “A”, in the calculation period beginning on May 23, 2022, and ending on June 3, 2022, whose adjustment will occur on June 13, 2022, and for financial institutions that are part of Group “B”, in the calculation period beginning on May 16, 2022, and ending on May 27, 2022, whose adjustment will occur on June 6, 2022:

................................................................................................................”
(NR)

Art. 3º BCB Resolution No. 190, of February 23, 2022, shall enter into force with the following alterations:

“Art. 2º The financial institution belonging to a financial conglomerate whose participant with the highest Subject to Collection Value (VSR) in the mandatory collection on demand resources belongs to Group “B”, as provided for in art. 17 of BCB Resolution No. 189, of February 23, 2022, must send VSR information on guarantees made until the calculation period beginning on May 23, 2022, and ending on June 3, 2022, whose adjustment will occur on June 13, 2022, with the values being zero on the reference dates of May 30 to June 3, 2022.” (NR)

“Art. 3º The remaining financial institutions, which do not fall under the situation provided for in art. 2º, must send the VSR information on guarantees made until the calculation period beginning on May 23, 2022, and ending on June 3, 2022, whose adjustment will occur on June 13, 2022, for all reference dates.” (NR)

Art. 4º BCB Resolution No. 191, of February 23, 2022, shall enter into force with the following alteration:

“Art. 2º This Resolution enters into force on July 1, 2022.” (NR)

Art. 5º This Resolution enters into force on the date of its publication.

Mauricio
Costa de Moura
Deputy Director of Monetary Policy