BCB Resolution No. 527 on the Submission of Quantitative Information Regarding ICAAP, ICAAPSimp, and Stress Tests

RESOLUTION
BCB NO. 527, OF DECEMBER 3, 2025

Provides for the submission, to the Central Bank of Brazil, of quantitative information regarding the Internal Capital Adequacy Assessment Process – ICAAP, the Simplified Internal Capital Adequacy Assessment Process – ICAAPSimp and stress tests with scenarios provided by the Central Bank of Brazil.

The Collegiate Board of Directors of the Central Bank of Brazil, in a session held on December 3, 2025, based on the provisions of Art. 10, caput, item IX, and Art. 37 of Law No. 4.595, of December 31, 1964, Art. 1, § 1, of Complementary Law No. 130, of April 17, 2009, Arts. 9, caput, items II and VIII, and 15 of Law No. 12.865, of October 9, 2013, and Art. 9-A of Law No. 4.728, of July 14, 1965, and considering the provisions of Resolutions Nos. 4.553, of January 30, 2017, and 4.557, of February 23, 2017, Resolution CMN No. 5.223, of May 30, 2025, Circular No. 3.846, of September 13, 2017, and Resolutions BCB Nos. 265, of November 25, 2022, and 436, of November 28, 2024,

R E S O L V E S:

Art. 1. This Resolution provides for the submission, to the Central Bank of Brazil, of quantitative information regarding the Internal Capital Adequacy Assessment Process – ICAAP, the Simplified Internal Capital Adequacy Assessment Process – ICAAPSimp and stress tests with scenarios provided by the Central Bank of Brazil, as addressed in Resolution No. 4.557, of February 23, 2017, and Resolution BCB No. 265, of November 25, 2022.

§ 1. The provisions of this Resolution apply to financial institutions and other institutions authorized to operate by the Central Bank of Brazil classified in Segment 1 – S1 or Segment 2 – S2, as established in Resolution No. 4.553, of January 30, 2017, and Resolution BCB No. 436, of November 28, 2024.

§ 2. The provisions of this Resolution do not apply to development agencies and to consortium administrators.

Art. 2. Institutions classified in S1 must submit to the Central Bank of Brazil the quantitative information regarding ICAAP, calculated according to the procedures and parameters defined in Circular No. 3.846, of September 13, 2017.

Art. 3. Institutions classified in S2 must submit to the Central Bank of Brazil the quantitative information regarding ICAAPSimp, calculated according to the procedures and the parameters defined in Circular No. 3.846, of September 13, 2017.

Sole paragraph. When the option provided for in Art. 4 of Resolution CMN No. 5.223, of May 30, 2025, is exercised, the cooperative bank, the credit confederation, the central credit cooperative, or the singular credit cooperative must also submit the quantitative information regarding ICAAPSimp including the credit cooperatives that are part of the respective cooperative system, without prejudice to the obligation established in the caput.

Art. 4. Institutions classified in S1 and S2 must submit to the Central Bank of Brazil the information regarding stress tests based on scenarios provided by the Central Bank of Brazil.

Art. 5. The information regarding
ICAAP and ICAAPSimp, as provided in Circular No. 3.846, of September 13, 2017, and stress tests with scenarios provided by the Central Bank of Brazil must:

I - be calculated annually, having as the base date December 31; and

II - cover a minimum horizon of three years.

Sole paragraph. The Central Bank of Brazil may request the submission of information regarding base dates different from those established in this article.

Art. 6. The information referred to in Art. 5 must be submitted:

I

• by the leading institution of a prudential conglomerate, on a consolidated basis, regarding
  the information of the institutions that are part of the conglomerate, in accordance with the consolidation methodology adopted for the calculation of Reference Equity;

II - by financial institutions and other institutions authorized to operate by the Central Bank of Brazil not belonging to a prudential conglomerate; and

III - by the institution that exercises the option established in Art. 4 of Resolution CMN No. 5.223, of May 30, 2025.

Sole paragraph. The information must be submitted starting from the first base date:

I - in which the institution is effectively operating; or

II - immediately after the date of authorization by the Central Bank of Brazil to exercise the option provided for in Art. 4 of Resolution CMN No. 5.223, of May 30, 2025.

Art. 7. The information referred to in this Resolution, as well as the documentation of the methodology and assumptions used for its calculation, must be kept available to the Central Bank of Brazil for a period of five years.

Art. 8. Institutions subject to the submission of the information referred to in this Resolution must designate a director responsible for these activities.

§ 1. It is admitted that the director designated under the caput may perform other functions within the institution, provided that the absence of conflict of interest is ensured.

§ 2. The data regarding the director designated under the caput must be recorded and permanently updated in the Central Bank of Brazil's registration information system.

Art. 9. The Central Bank of Brazil will establish the operational procedures, the format, the deadline for submission, the parameters, and the other conditions necessary to comply with the provisions of this Resolution.

Art. 10. This Resolution enters into force:

I - on July 1, 2026, regarding Art. 3, sole paragraph, and Art. 6, caput, item III, and sole paragraph, item II; and

II

• on the date of its publication, regarding the remaining provisions.

AILTON DE
AQUINO SANTOS GILNEU FRANCISCO ASTOLFI VIVAN Director of Supervision Director of Regulation

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