RegAlert2024-05-13 | Resolução BCB 379Added
BCB Resolution No. 379 — Amends Resolution BCB No. 188 to establish deductions from compulsory reserve requirements based on the public calamity state
Financial institutions that allocated at least 10% of their total credit volume to individuals or entities in municipalities covered by the public calamity state (Decree-Law No. 36 of May 7, 2024) as of March 31, 2024, are entitled to a 100% deduction on the mandatory reserve requirements for savings deposits. This deduction applies to calculation periods starting May 13, 2024, and is scheduled to decrease by 5% of the generated requirement each period starting June 2, 2025, until fully extinguished. The resolution also revokes specific prior provisions of Resolution BCB No. 188 and enters into force upon publication.
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BCB RESOLUTION NO. 379, OF MAY 13, 2024
Amends Resolution BCB No. 188, of February 23, 2022, which establishes the compulsory collection on savings deposit resources, to establish deductions from the requirement based on the public calamity state governed by Legislative Decree No. 36, of May 7, 2024.
The Collegiate Board of the Central Bank of Brazil, in an extraordinary session held on May 13, 2024, based on art. 10, items III and IV, of Law No. 4.595, of December 31, 1964, and art. 66 of Law No. 9.069, of June 29, 1995,
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This document amends: BCB Resolution No. 188 — Defines and Consolidates Rules for Compulsory Collection on Savings Deposit Funds
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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