BCB Resolution No. 441 — Amends Resolution BCB No. 102 to Include Development Credit Letter (LCD) as FGC-Guaranteed Instrument

This resolution amends Resolution BCB No. 102 to include the Development Credit Letter (LCD) as a financial instrument representing credit eligible for guarantee by the Credit Guarantee Fund (FGC). Specifically, it updates Article 9 to allow LCD balances up to R$5,000 per client to be covered under the guarantee scheme and revises Table I of the Annex to list LCD as item XII. The resolution enters into force on the date of its publication.

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Resolution No. 441

RESOLUTION
BCB No. 441, OF DECEMBER 4, 2024

Amends Resolution BCB No. 102, of June 7, 2021, to include, for the purposes of this Resolution, the development credit letter – LCD as an instrument financial representing credit subject to guarantee by the Credit Guarantee Fund – FGC.

The Collegiate Board of the Central Bank of Brazil, in a session held on December 4, 2024, based on art. 9 of Law No. 4.595, of December 31, 1964, in arts. 22 and 28 of Law No. 12.810, of May 15, 2013, and having in view the provisions of Resolution No. 4.222, of May 23, 2013,

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Lineage: In force

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This document amends: Resolution BCB No. 102 — Provisions on Information Submission to the Credit Guarantee Fund (FGC), Calculation of Contribution Base, and Allocation to Federal Government Securities (MATPF)

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