RegAlert2024-03-26 | Resolução BCB 373Added
BCB Resolution No. 373 — Amends BCB Resolution No. 264 to Establish Quorum for Decision-Making on Amendments to the Convention Among Registrant Entities
BCB Resolution No. 373 amends Resolution No. 264 to establish specific quorums for decision-making regarding amendments to the convention among registrant entities. It requires a two-thirds qualified majority for matters listed in Article 18, items V, VII, and IX, and an absolute majority for all other cases. Registrant entities must submit meeting minutes and proof of representative authority when submitting amendments for approval or communication to the Central Bank of Brazil. Amendments submitted without observing these quorum requirements will be returned without merit analysis, with the Central Bank setting a deadline of up to ninety days to resolve identified issues.
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BCB RESOLUTION NO. 373, OF MARCH 26, 2024
Amends
BCB Resolution No. 264, of November 25, 2022, to establish quorum for decision-making on amendments to the convention among registrant entities.
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, and 28, item II, of Law No. 12,810, of May 15, 2013,
R E S O L V E:
Art. 1º BCB Resolution No. 264, of November 25, 2022, shall enter into force with the following alterations:
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Lineage: In force
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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