2023-05-10 | Resolução BCB 318

Added 2026-09-27

BCB Resolution No. 318 — Amends BCB Resolution No. 130 of August 20, 2021, regarding independent audit services for consortium administrators, payment institutions, securities brokers, securities distributors, and foreign exchange brokers

This resolution amends BCB Resolution No. 130/2021 to extend the scope of independent audit services to include consortium administrators, payment institutions, securities brokers, securities distributors, and foreign exchange brokers. It mandates that specific institutions, including open companies and prudential conglomerate leaders meeting certain asset or segment criteria, establish an audit committee by March 31 of the following fiscal year. Independent auditors are required to maintain documented independence policies, communicate key audit matters in financial reports, and provide the Central Bank with access to audit documentation for at least five years. Institutions must register or update independent audit provider data in the Unicad system by July 31, 2023.

Brazil

Banco Central do Brasil

Lineage: In forceGet BCB alertsTrack amendments

SourceRead with an agent

Tools

Share

BCB published 15 documents in the last 30 days — get each new one by email the day it lands.

Get BCB alerts

Resolution No. 318

BCB RESOLUTION
NO. 318, OF MAY 10, 2023

Amends
BCB Resolution No. 130, of August 20, 2021, which provides for the provision of independent audit services for consortium administrators, payment institutions, securities brokers, securities distributors and foreign exchange brokers authorized to operate by the Central Bank of Brazil and establishes specific procedures for the preparation of reports resulting from independent audit work carried out in financial institutions and other institutions authorized to operate by the Central Bank of Brazil.

Read the rest free, and get an email when BCB publishes again

Email me when BCB publishes something newOne email per publication, same day. Sign in below to keep reading.

Lineage: In force

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Timeline

This document amends: Resolution BCB No. 130 — Independent Audit Services for Institutions Regulated by the Central Bank of Brazil

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