Rule · BCB · 31 Aug 2022 · Resolução BCB 238
BCB Resolution No. 238 expressly revokes seven specific Circulars issued by the Central Bank of Brazil, namely Circulars Nos. 989, 1,833, 3,611, 3,649, 3,771, 3,898, and 3,962. This revocation is executed in compliance with Article 1, sole paragraph, combined with Article 14, § 3, item I, of Complementary Law No. 95/1998, and Articles 7, item I, and 8 of Decree No. 10,139/2019. The resolution enters into force on September 1, 2022, thereby removing these normative acts from the current regulatory framework.
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BCB RESOLUTION
NO. 238, OF AUGUST 31, 2022
Expressly Revokes
Normative Acts of the Central Bank of Brazil, in compliance with the provisions of Decree No. 10,139, of November 28, 2019.
The Collegiate Board of Directors of the Central Bank of Brazil, in a session held on August 31, 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 considering the provisions of Article 1, sole paragraph, combined with Article 14, § 3, item I, of Complementary Law No. 95, of February 26, 1998, and Articles 7, item I, and 8 of Decree No. 10,139, of November 28, 2019,
R E S O L V E S:
Article 1
The following are revoked:
I - Circular No. 989, of January 15, 1986;
II - Circular No. 1,833, of October 31, 1990;
III - Circular No. 3,611, of October 31, 2012;
IV - Circular No. 3,649, of March 11, 2013;
V - Circular No. 3,771, of November 4, 2015;
VI - Circular No. 3,898, of May 17, 2018; and
VII - Circular No. 3,962, of September 24, 2019.
Article 2
This Resolution enters into force on September 1, 2022.
Otávio Ribeiro Damaso
Director of Regulation
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“VII - Circular No. 3,962, of September 24, 2019.”
“II - Circular No. 1,833, of October 31, 1990;”
“III - Circular No. 3,611, of October 31, 2012;”
“IV - Circular No. 3,649, of March 11, 2013;”
“V - Circular No. 3,771, of November 4, 2015;”
“VI - Circular No. 3,898, of May 17, 2018;”
“I - Circular No. 989, of January 15, 1986;”
“based on the provisions of Articles 9, 10, item IX, and 11, item VII, of Law No. 4,595, of December 31, 1964”
“considering the provisions of Article 1, sole paragraph, combined with Article 14, § 3, item I, of Complementary Law No. 95, of February 26, 1998”
“in compliance with the provisions of Decree No. 10,139, of November 28, 2019.”
This document supersedes: Circular No. 3962 — Procedures for Authorization to Operate, Cancellation, Change of Corporate Control, and Corporate Reorganization of Microentrepreneur and Small Business Credit Societies, Circular No. 1833 - Federal Deregulation Program/Decree No. 99,179 of March 15, 1990 - Authorizes institutions authorized to operate by the Central Bank to adopt the authorized capital regime
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