RegAlert2023-11-28 | Resolução BCB 357Added
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
This resolution amends Resolution BCB No. 171/2021 by modifying Articles 4, 12, and 15 to update the calculation methodology for the "Substitution" indicator used in assessing global systemic importance. It establishes that information data is generally based on December 31, with specific exceptions for calendar-year reporting, and defines the "Fixed income trading volume" and "Other trading volume" indicators using market values at the contractual date of purchase or sale without offset recognition. These changes apply to financial institutions required to report IAISG information to the Central Bank of Brazil.
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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,
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This document amends: Resolution BCB No. 171 — Global Systemic Importance Assessment (GSIA) Information Calculation and Submission
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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