RegAlert2022-08-01 | Instrução Normativa BCB 292Added
Central Bank of Brazil Normative Instruction No. 292 of August 1, 2022
This instruction establishes the required procedures, documents, and information for authorization requests regarding instruments forming the Main Capital, Supplementary Capital, and Level II of Reference Equity (PR), as well as for their repurchase, redemption, and amendments to subordination cores. It mandates specific submissions for new issuances, including subordination core copies and proof of funding, with additional legal opinions for foreign instruments and conversion details for equity-convertible instruments. It also defines documentation requirements for redemption or repurchase requests, such as operational impact estimates, and revokes previous circular articles, entering into force upon publication.
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CENTRAL BANK OF BRAZIL NORMATIVE INSTRUCTION NO. 292, OF AUGUST 1, 2022
Discloses procedures, documents, and information necessary for the processing of authorization requests for instruments to form the Main Capital, Supplementary Capital, and Level II of Reference Equity (PR), for the repurchase and redemption of the aforementioned instruments, and for the amendment, alteration, and revocation of their subordination cores, as provided for in CMN Resolution No. 4,955, of October 21, 2021.
The Acting Head of the Department of Financial System Organization (Deorf), using the authority granted by Articles 23, item I, letter “a”, and 96, item XII, of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84,287, of February 27, 2015, based on Articles 25 and 33, item I, of CMN Resolution No. 4,955, of October 21, 2021,
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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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