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Rule · BCB · 25 Feb 1966 · Circular 24

Circular No. 24 — Prohibition on Financial Institutions Applying or Promoting the Placement Abroad of Resources Collected in the Country

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Circular No. 24 expressly prohibits financial institutions from applying or promoting the placement abroad of resources collected within the country by any means. This prohibition was communicated following a decision by the National Monetary Council on February 8, 1966, and the circular was issued on February 25, 1966. The document was fully revoked effective December 31, 2022, by CMN Resolution No. 5,042/2022.

BrazilBanco Central do Brasil

CIRCULAR N. 000024

In accordance with the decision of the National Monetary Council of February 8, 1966, we communicate that it is expressly prohibited for financial institutions, by any means, to apply or promote the placement abroad of resources collected in the country.

Rio de Janeiro-GB, February 25, 1966

Financial Supervision Management

Hélio Marques Vianna Manager

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Decision dated 1966-02-08Not in RegAlert · National Monetary CouncilDecision dated 1966-02-08 — Not in RegAlert · National Monetary CouncilCircular No. 24 — Prohibitionon Financial Institutions App…1966-02-25 · this documentCircular No. 24 — Prohibition on Financial Institutions Applying or Promoting the Placement Abroad of Resources Collected in the Country (1966-02-25)CMN Resolution No. 4187 —Extinguishes the Manual of Norms …2013 · BCBCMN Resolution No. 4187 — Extinguishes the Manual of Norms and Instructions (MNI) and revokes Resolution No. 469 of April 7, 1978 (2013-02-19)CMN Resolution No. 5042 —Establishes Guidelines for Foreig…2022 · BCBCMN Resolution No. 5042 — Establishes Guidelines for Foreign Exchange Market Operations (2022-11-25)Mentions (1)a document that mentions itopen the list below the graph ▾Mentions (1): a document that mentions it without changing it — open the list below the graph
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  • Decision dated 1966-02-08Not in RegAlert · National Monetary Council

    “In accordance with the decision of the National Monetary Council of February 8, 1966”

Mentions (1): 1 document mentions this one without changing it
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Amended 2 times · last 2022-11-25

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