BCB Resolution No. 346 of October 5, 2023, amending Resolution BCB No. 229 of May 12, 2022, regarding standardized approach risk-weighted assets for credit risk exposures

Resolution BCB No. 346 amends Resolution BCB No. 229 to establish specific Risk Weighting Factors (FPR) for exposures related to precatórios and credit rights in execution or enforcement phases against the Union, states, the Federal District, and municipalities. It mandates a 10% limit on Principal Capital for these exposures, applying FPRs of 100%, 150%, 200%, 300%, 600%, and 1,250% depending on the debtor entity and whether the exposure exceeds the limit. The regulation requires aggregated consideration of these exposures, applies proportionally to portions within the limit, and excludes certain pre-registered exposures from June 30, 2023, while permitting grandfathering for post-June 2023 precatórios under specific conditions. The resolution enters into force on January 2, 2024.

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BCB No. 346, OF October 5, 2023

Amends
Resolution BCB No. 229, of May 12, 2022, which establishes the procedures for calculating the portion of risk-weighted assets (RWA) related to exposures to credit risk subject to the calculation of capital requirements using the standardized approach (RWACPAD), as provided for in Resolution CMN No. 4,958, of October 21, 2021, and Resolution BCB No. 200, of March 11, 2022.

The Collegiate Board of Directors of the Central Bank of Brazil, in a session held on October 4, 2023, based on the provisions of arts. 9, 10, item IX, and 11, item VII, of Law No. 4,595, of December 31, 1964, as well as on the provisions of arts. 9 and 15 of Law No. 12,865, of October 9, 2013, and taking into account the provisions of art. 3, § 2, of Resolution CMN No. 4,958, of October 21, 2021, in arts. 3, item III, and 14 of Resolution No. 4,282, of November 4, 2013, and in art. 3, § 2, of Resolution BCB No. 200, of March 11, 2022,

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This document amends: Resolution BCB No. 229 — Procedures for Calculating the Risk-Weighted Asset Component for Credit Risk Exposures under the Standardized Approach

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