RegAlert2024-09-19 | Resolução BCB 411Added
BCB Resolution No. 411 — Conditions for Centralized Deposit of Development Credit Notes (LCD) in Entities Authorized by the Central Bank of Brazil
This resolution establishes the mandatory conditions for the centralized deposit of Development Credit Notes (LCD) in entities authorized by the Central Bank of Brazil to perform centralized deposit of financial assets. It requires LCDs to contain specific characteristics and provisions, including issuer identification, nominal value, maturity date, interest rates, and payment terms. For LCDs issued with real guarantees, the centralized deposit system must record detailed information regarding the credit rights in the guarantee basket, such as creditor and debtor identification, nominal balances, and linkage codes for credit operations. The regulation enters into force on the date of its publication.
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RESOLUTION
BCB NO. 411, OF SEPTEMBER 19, 2024
Provides for the conditions for the centralized deposit of Development Credit Notes – LCD in an entity authorized by the Central Bank of Brazil.
The Collegiate Board of the Central Bank of Brazil, in a session held on September 19, 2024, based on arts. 9 and 10, caput, item IX, of Law No. 4.595, of December 31, 1964, and 22 of Law No. 12.810, of May 15, 2013, and considering the provisions of arts. 1, § 2, of Law No. 14.937, of July 26, 2024, and 5, 6, and 11 of CMN Resolution No. 5.169, of August 22, 2024,
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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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BCB published 15 documents in the last 30 days. We email you each new one the day it's published.