RegAlert2023-04-27 | Resolução BCB 316Added
BCB Resolution No. 316 — Amends Annex II to BCB Resolution No. 108 Regarding Deadlines for Administrative Processes for Economic Activity Release
This resolution updates Annex II of BCB Resolution No. 108 to establish specific administrative deadlines for the release of economic activities within the Central Bank of Brazil. It sets a 280-day deadline for proposal analysis and an 80-day deadline for implementation analysis across various financial market systems, including clearing systems, centralized asset deposit, and financial asset registration activities. These timelines apply to public act requests for economic activity release filed with the Central Bank of Brazil starting from the effective dates of Resolutions CMN No. 4,970, BCB No. 233, and BCB No. 304.
BCB published 15 documents in the last 30 days — get each new one by email the day it lands.
BCB RESOLUTION NO. 316, OF APRIL 27, 2023
Amends
Annex II to BCB Resolution No. 108, of June 24, 2021, which provides for the specific deadlines for the different phases of the administrative processes for the release of economic activity within the scope of the Central Bank of Brazil.
The Collegiate Board of the Central Bank of Brazil, in a session held on April 26, 2023, based on the provisions of Arts. 9 and 10, § 1, of Law No. 4,595, of December 31, 1964, Art. 27 of CMN Resolution No. 4,970, of November 25, 2021, Art. 45 of CMN Resolution No. 5,051, of November 25, 2022, Arts. 6 and 7 of Law No. 11,795, of October 8, 2008, Arts. 9 and 15 of Law No. 12,865, of October 9, 2013, and Art. 10, § 4, of Decree No. 10,178, of December 18, 2019,
Read the rest free, and get an email when BCB publishes again
Lineage: In force
Show all related documents (9)
- Amends
- BCB Resolution No. 108 — Rules and Procedures for Administrative Decision Deadlines for Economic Activity Licensing Requests2021
- Issued under
- Resolution CMN No. 5,051 — Provisions on the Organization and Operation of Credit Cooperatives2022Law No. 12,865, of October 9, 2013 — payment arrangements and payment institutions that are part of the Brazilian Payment System2013Decree No. 10178 dated 2019-12-18not in RegAlertLaw No. 11795 dated 2008-10-08not in RegAlertLaw No. 4595 dated 1964-12-31not in RegAlertResolution No. 4970 dated 2021-11-25not in RegAlert
- Refers to
- BCB Resolution No. 304 — Approves the Regulation Governing Settlement Systems, Financial Asset Registration and Centralized Deposit Activities, and Liens on Financial Assets within the Brazilian Payments System2023BCB Resolution No. 233 — Regulates Authorization Processes for Consortium Administrators2022
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
More like this from BCB
BCB published 15 documents in the last 30 days. We email you each new one the day it's published.