RegAlert2022-12-31 | Resolução BCB 279Added
BCB Resolution No. 279 — Regulates Law No. 14,286 of December 29, 2021, to provide for Brazilian capital abroad
This resolution regulates Brazilian capital abroad by defining its scope, permitted investment modalities, and reporting obligations for residents holding such assets. It establishes mandatory annual and quarterly declarations to the Central Bank of Brazil when holdings reach thresholds of US$1 million and US$100 million, respectively, and mandates the retention of supporting documentation for ten years. The rule also defines specific categories of sustainable debt instruments, clarifies the treatment of virtual assets and derivatives, and revokes several prior regulatory acts.
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BCB RESOLUTION NO. 279, OF DECEMBER 31, 2022
Regulates Law No. 14,286, of December 29, 2021, to provide for Brazilian capital abroad.
The Collegiate Board of the Central Bank of Brazil, in an extraordinary session held on December 30 and 31, 2022, based on the provisions of Arts. 8, 10, 11, and 18 of Law No. 14,286, of December 29, 2021,
RESOLVES:
CHAPTER I
PRELIMINARY PROVISIONS
Art. 1 This Resolution provides for the flows, stocks, and reporting of Brazilian capital abroad, understood as the values, goods, rights, and assets of any nature held outside the national territory by residents.
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Lineage: In force
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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