RegAlert2024-12-20 | Instrução Normativa BCB 573Added
Central Bank of Brazil Instruction Normative No. 573 — Establishes the Submission Date for the First Organized Recovery and Orderly Exit Plan (PRSO)
Instruction Normative No. 573 establishes the submission deadlines for the first Organized Recovery and Orderly Exit Plan (PRSO) for institutions in Segment 1 (S1). These institutions must submit specific items, including organizational profile and recovery strategies, by July 31, 2025, and the remaining items, such as the self-assessment of recovery capacity, by December 31, 2025. The regulation designates July 31, 2025, as the official delivery date for the first PRSO for the purposes of Resolution BCB No. 440. Subsequent PRSO submissions for S1 institutions are required biennially, with the next submission due by July 31, 2027.
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INSTRUCTION NORMATIVE BCB NO. 573, OF DECEMBER 20, 2024
Establishes the submission date for the first Organized Recovery and Orderly Exit Plan (PRSO).
The Heads of the Resolution and Sanctioning Action Department (Derad), acting in substitution, and of the Banking Supervision Department (Desup), in the exercise of the authority conferred upon them 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, and
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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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