BCB Resolution No. 357 — Amends Resolution BCB No. 171 of December 9, 2021, Regarding the Calculation of Global Systemic Importance (IAISG) Information and Submission to the Central Bank of Brazil

RESOLUTION
BCB NO. 357, OF NOVEMBER 28, 2023

Amends
Resolution BCB No. 171, of December 9 of 2021, which provides for the calculation of information for the assessment of global systemic importance (IAISG) of financial institutions and on the submission to the Central Bank of Brazil of the aforementioned information.

The Collegiate Board of the Central Bank of Brazil, in a session held on November 28, 2023, based on the provisions of Arts. 10, item IX, 11, item VII, and 37 of Law No. 4,595, of December 31, 1964,

R E S O L V E S:

Art. 1º The Resolution BCB No.
171, of December 9, 2021, shall enter into force with the following amendments:

"Art.
4º The information referred to in this
Resolution must have as the base date December 31, except for the provisions in items I, III, IV and IV-A of Art. 12 and XII of Art. 16, whose information must correspond to the calendar year." (NR)

"Art.
12. The "Substitution" indicator is calculated based on the following formula:

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IV - "Fixed income trading volume" = sum of purchase and sale operations of fixed income securities and other financial assets;

IV-A - "Other trading volume" = sum of purchase and sale operations of securities and other financial assets of other modalities that are not fixed income, and

V - PAG, CUST, ORIG, VNER and VNEO = values defined as provided in items V, VI, VII, VIII and VIII-A of Art. 15.

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§ 6º For the purposes of calculating the "Fixed income trading volume" and "Other trading volume" indicators, referred to in items IV and IV-A of the main text, respectively, the market values must be reported, on the contractual date of purchase or sale of the securities and other financial assets, without any recognition of offsetting, including operations carried out on own account or on behalf of third parties.

..................................................................................................................” (NR)

"Art. 15. ..........................................................................................................

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VIII - VNERF = value referring to the denominator Trading volume fixed income;

VIII-A - VNEO = value referring to the denominator Trading volume equities and other securities;

..................................................................................................................” (NR)

Art. 2º This Resolution enters into force on the date of its publication.

Otávio
Ribeiro Damaso
Director of Regulation