2022-09-14 | Resolução BCB 243Added
The resolution amends the regulation governing the Reserve Transfer System (STR) to allow institutions under intervention, extrajudicial liquidation, or temporary special administration to maintain their Reserve Bank or Settlement accounts. It permits liquidators to keep existing accounts active and mandates the use of the Internet Contingency service for these participants for up to thirty days or until specific actions are formalized with the STR manager. Additionally, it establishes that daily fees apply to Internet Contingency operations after the initial thirty-day period and updates provisions regarding account closure and participant status during these special regimes.
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BCB RESOLUTION NO. 243, OF SEPTEMBER 14, 2022
Amends provisions of the Regulation Annex to BCB Resolution No. 105, of June 9, 2021, which governs the operation of the Reserve Transfer System (STR), the Reserve Bank Account, and the Settlement Account at the Central Bank of Brazil, to authorize the maintenance of the Reserve Bank Account or the Settlement Account by an institution subject to extrajudicial liquidation.
The Collegiate Board of the Central Bank of Brazil, in a session held on September 14, 2022, based on art. 10, item IV, of Law No. 4.595, of December 31, 1964, art. 10 of Law No. 10.214, of March 27, 2001, and the provisions of arts. 8, 9, and 12 of CMN Resolution No. 4.952, of September 30, 2021,
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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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