RegAlert2024-03-26 | Resolução BCB 371Added
BCB Resolution No. 371 — Amends BCB Resolution No. 308 to Establish Quorum for Decision-Making in the Elaboration and Amendment of the Convention for the Exercise of Activities of Registration and Centralized Deposit of Real Estate Receivables
BCB Resolution No. 371 amends Resolution No. 308 to establish specific quorums for decision-making regarding the elaboration and amendment of the convention for the exercise of registration and centralized deposit activities of real estate receivables. It requires a two-thirds qualified majority for matters listed in Article 13, items VII, IX, and XIV, and an absolute majority for all other cases. The resolution mandates that non-signatory registrars and central depositories adhere to the convention terms as a condition for authorization, and it stipulates that submissions lacking the required quorums or documentation will be returned without merit analysis, with the Central Bank setting a deadline of up to 90 days to resolve identified issues. These provisions also apply to convention approval processes currently under examination by the Central Bank of Brazil.
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BCB RESOLUTION
NO. 371, OF MARCH 26, 2024
Amends BCB Resolution No. 308, of March 28, 2023, to establish quorum for decision-making in the elaboration and amendment of the convention for the exercise of activities of registration and centralized deposit of real estate receivables.
The Collegiate Board of the Central Bank of Brazil, in a session held on March 26, 2024, based on arts. 9 of Law No. 4.595, of December 31, 1964, 22, item II, and 28, item II, of Law No. 12.810, of May 15, 2013,
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This document amends: BCB Resolution No. 308 — Conditions for Recording and Centralized Deposit of Real Estate Receivables
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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