Resolution No. 222

INSTRUCTION NORMATIVE BCB NO. 420, OF NOVEMBER 22, 2023

Amends the Filling Instructions and the Layout of document code 2061 - Operational Limits Statement (DLO), governed by Instruction Normative BCB No. 81, of February 23, 2021.

The Head of the Financial System Monitoring Department (Desig), in the exercise of the authority conferred by Art. 23, item I, letter “a”, of the Internal Regulations of the Central Bank of Brazil, annexed to Resolution BCB No. 340, of September 21, 2023, based on Art. 85, item I, letter “b”, of the aforementioned Regulations, having in view the provisions of CMN Resolutions Nos. 4,955, 4,957 and 4,958, all of October 21, 2021, Law No. 14,690, of October 3, 2023, and Instruction Normative BCB No. 81, of February 23, 2021,

RESOLVES:

Art. 1º The new versions of the Filling Instructions and the Layout of document code 2061 - Operational Limits Statement (DLO) shall enter into force, as of the December 2023 reporting base, available on the Central Bank of Brazil’s website at the electronic address https://www.bcb.gov.br/estabilidadefinanceira/leiautedocumentoscrd.

Art. 2º The following modification was made to the Filling Instructions:

I - in Chapter V - Tables:

a) in Table 010 - Exposure Weighting Factors: inclusion of domain 94040100;

Art. 3º The following modification was made to the Layout:

I - in Annex 010 - Exposure Weighting Factor Code: inclusion of domain 94040100.

Art. 4º Balances resulting from the Emergency Program for Renegotiation of Debts of Defaulting Individuals - Desenrola Brasil, relative to the reporting bases of July 2023 to November 2023, must be aggregated into the PCLD WFR (Weighting Factor for Provision for Credit Losses).

Art. 5º This Instruction Normative enters into force on December 1, 2023.

GILNEU FRANCISCO ASTOLFI VIVAN

NOTE

The Operational Limits Statement (DLO), document code 2061, whose normative basis is Resolution BCB No. 69, of February 10, 2021, reflects the prudential regulation provided for in several Resolutions issued by the Monetary National Council (CMN) and by the Central Bank of Brazil (BCB), and Instruction Normative BCB (IN BCB) No. 81, of February 23, 2021, aims to present, in a synthetic manner, the information regarding the details of the calculation of the limits monitored by the BCB, at the calculation reporting base.

2. For each limit, the document contains two sets of information: i) calculation of the institution's situation; and ii) calculation of the regulatory requirement and the margin (or insufficiency) of the institution in relation to the considered limit. Document 2061 is composed of various accounts that must be filled in by financial institutions and other institutions authorized to operate by the Central Bank of Brazil (IFs).

3. This Instruction Normative BCB aims to promote adjustments in the filling instructions of the document, in view of the issuance of Provisional Measure 1,176, of June 5, 2023, subsequently converted into Law No. 14,690, of October 3, 2023, which institutes the Emergency Program for Renegotiation of Debts of Defaulting Individuals – Desenrola Brasil.

4. In addition to including the Exposure Weighting Factor domain for recording tax credits from temporary differences originated from credit operations covered by the program mentioned in the previous paragraph, this IN establishes how to report balances resulting from this program relative to the reporting bases of July 2023 to November 2023.

5. Decree No. 10,411, of June 30, 2020, regulates the carrying out of regulatory impact analysis (RIA) as a prerequisite for the issuance of normative acts. However, in its Art. 4º, the aforementioned decree establishes the hypotheses for dispensing with the carrying out of RIA. This IN BCB falls under the hypotheses provided for in items II and III, namely: II - normative act intended to regulate rights or obligations defined in a hierarchically superior norm that does not allow, technically or legally, different regulatory alternatives; and III - normative act considered to have low impact.

6. Law No. 14,690, of 2023, which institutes the Desenrola Brasil Program, establishes obligations for this Autarchy in its Art. 26, among which I highlight the obligation to monitor compliance by financial institutions with the conditions established for credit operations guaranteed or carried out within the scope of the aforementioned program. In this regard, in order to comply with this determination, there is no alternative but to request information from institutions involved in the Program in the same format already requested in other programs with similar characteristics, such as PEC/CGPE, thus justifying the classification under item II of Art. 4º of Decree No. 10,411, of 2020. After internal analyses, it was concluded that the submission of information through document 2061 is the simplest and lowest-cost implementation method, both for the institutions and for this Central Bank, which also justifies its classification under item III of Art. 4º of the aforementioned Decree.

7. Thus, based on the provisions of paragraphs 5 and 6, I understand that the issuance of this IN BCB is exempt from the carrying out of RIA.

GILNEU FRANCISCO ASTOLFI VIVAN
Head of the Financial System Monitoring Department (Desig)