BCB Resolution No. 372 — Amends BCB Resolution No. 339 to establish quorum for decision-making in the drafting and amendment of the convention for the exercise of bookkeeping, registration, and centralized deposit activities for book-entry bills of exchange

BCB Resolution No. 372 amends Resolution No. 339 to establish specific quorums for decision-making regarding the drafting and amendment of conventions for book-entry bill of exchange activities. It requires a two-thirds qualified majority for matters listed in Article 30, §§ 1, items VI, VIII, and XI, and an absolute majority for all other cases. The resolution mandates that submissions lacking these quorums be returned without merit analysis, granting the Central Bank up to ninety days to resolve identified issues. Additionally, it requires signatories to submit voting records and proof of representative authority, and establishes separate testing schedules for entities submitting applications after the initial deadline or those not party to the convention.

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BCB RESOLUTION NO. 372, OF MARCH 26, 2024

Amends
BCB Resolution No. 339, of August 24, 2023, to establish quorum for decision-making in the drafting and amendment of the convention for the exercise of activities of bookkeeping, registration, and centralized deposit of book-entry bills of exchange.

                   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, 3, § 1, 4, § 2, and 11 of Law No. 13.775, of December 20, 2018, combined with the provisions of Decree No. 9.769, of April 16, 2019, and having in view the provisions of Resolution No. 4.815, of May 4 2020,

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This document amends: Resolution BCB No. 339 — Regulates the activity of bookkeeping of electronic invoices, the electronic bookkeeping system managed by an authorized entity, and the registration, centralized deposit and trading of these electronic credit titles

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