Regulatory Alerts2026-08-26 | Instrução Normativa BCB 771Added
Central Bank of Brazil Regulatory Instruction No. 771 — Establishes procedures for central credit cooperative, credit confederation or service confederation to temporarily assume administration of credit cooperative within same system
Establishes procedures for central credit cooperatives, credit confederations, or service confederations to request authorization for temporary administration of a member credit cooperative when continuity is compromised or associates face losses. Requires submission of specific documents including governance models, action plans, and justification for administrator removal, with temporary administration lasting up to one year extendable once. Mandates reporting on action plan execution, significant events, and corporate acts to the Central Bank of Brazil's Department of Supervision of Cooperatives and Non-Banking Institutions (Desuc), with appeals allowed within ten days of decision communication.
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