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2017-12-19 | Carta Circular 3850

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Circular Letter No. 3850 — Details Accounting Items for Calculating the Simplified Reference Equity (PRS5)

Circular Letter No. 3850 mandates that the calculation of Simplified Reference Equity (PRS5) under Resolution No. 4,606 must utilize specific Cosif accounting items, detailing the exact account codes and values for components such as social capital, capital reserves, unrealized gains, accumulated profits, intangible assets, and deferred tax credits. Financial institutions are required to apply these specific account mappings to ensure accurate PRS5 computation. The regulation enters into force on February 18, 2018.

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The Head of the Prudential and Exchange Regulation Department (Dereg), acting in substitution, using the powers conferred upon them by Article 23, item I, letter “a”; and Article 118, item I, letter “a” of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 95,818 of December 4, 2017, and considering the provisions of Article 11, sole paragraph, of Resolution No. 4,606 of October 19, 2017,

R E S O L V E S:

Article 1. The calculation of Simplified Reference Equity (PRS5), referred to in Article 8 of Resolution No. 4,606 of December 19, 2017, must be performed, in accordance with the Accounting Plan of Financial System Institutions (Cosif), with the following components:

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Lineage: Superseded

Resolution CMN No. 4606 — Simpl…2017Ordinance No. 95818 dated 2017-…not in RegAlertCircular Letter No. 3850 —Details Accounting Items for …2017-12-19 · this documentCircular Letter No. 3853 — Deta…2017Normative Instruction BCB No. 5…2020Normative Instruction BCB No. 1…2021Normative Instruction BCB No. 3…2023Normative Instruction BCB No. 4…2023Instruction Normative BCB No. 5…2025
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Amended 5 times · last 2025-01-28

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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