BCB Resolution No. 404 of August 1, 2024, amending Circular No. 3,862 of December 7, 2017, regarding the calculation of risk-weighted assets for credit risk exposures under the simplified standardized approach

Resolution No. 222

BCB RESOLUTION NO. 404, OF AUGUST 1, 2024

Amends Circular No. 3,862, of December 7, 2017, which establishes the procedures for the calculation of the risk-weighted asset portion regarding credit risk exposures subject to the calculation of capital requirement through the simplified standardized approach – RWARCSimp.

The Collegiate Board of the Central Bank of Brazil, in a session held on August 1, 2024, based on the provisions of arts. 9, 10, caput, item IX, and 11, caput, item VII, of Law No. 4,595, of December 31, 1964, in arts. 9, caput, item II, and 15 of Law No. 12,865, of October 9, 2013, and having in view the provisions of art. 11, sole paragraph, of Resolution No. 4,606, of October 19, 2017, in art. 9, caput, item II, of BCB Resolution No. 201, of March 11, 2022, and in art. 6, caput, item II, of BCB Resolution No. 198, of March 11, 2022,

RESOLVES:

Art. 1 The Circular No. 3,862, of December 7, 2017, published in the Official Gazette of the Union on December 11, 2017, shall enter into force with the following alterations:

“Art. 5 .....................................................................................................................

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III - investments in gold and exposures to assets represented by gold;

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“Art. 8 .....................................................................................................................

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IV - credit operations guaranteed by the Guarantee Fund for Investments – FGI belonging to the portfolio contracted within the Emergency Credit Access Program – Peac, established by Law No. 14,042, of August 19, 2020;

V - credit operations carried out within the Pronampe, established by Law No. 13,999, of May 18, 2020, contracted from January 1, 2021;

VI - credit rights from payment transactions acquired with substantial transfer of risks and benefits, relating to accreditation or sub-accreditation services; and

VII - credit rights from payment transactions acquired without substantial transfer of risks and benefits, which correspond to the sum of the values relating to:

a) payment transactions relating to accreditation or sub-accreditation services; and

b) amounts receivable from end users relating to post-paid payment transactions.” (NR)

“Art. 9 .....................................................................................................................

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IV - advances granted;

V - guarantees, sureties, joint obligations or any other modality of personal guarantee for the fulfillment of financial obligations of third parties; and

VI - amounts that issuers of post-payment payment instruments have to receive from end users relating to payment transactions corresponding to the sum of rights:

a) not linked to assignments;

b) assigned, without substantial transfer of risks and benefits; and

c) acquired, with substantial transfer of risks and benefits.

Sole paragraph. The values referred to in item VI, letters “a” and “b”, of the caput must be considered only by financial institutions not belonging to a prudential conglomerate and by institutions part of Type 1 or Type 3 prudential conglomerates, according to the classification provided in BCB Resolution No. 197, of March 11, 2022.” (NR)

Art. 2 This Resolution enters into force on September 2, 2024.

OTÁVIO RIBEIRO DAMASO
Regulation Director