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2021-06-24 | Resolução CMN 4924

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CMN Resolution No. 4,924 — General Principles for Accounting Recognition, Measurement, Recording, and Disclosure by Financial Institutions

CMN Resolution No. 4,924 establishes general principles for accounting recognition, measurement, recording, and disclosure for financial institutions and other entities authorized by the Central Bank of Brazil, excluding consortium administrators, payment institutions, and securities and currency brokerage companies. The regulation mandates adherence to specific technical pronouncements from the Accounting Pronouncements Committee (CPC), defines rules for foreign currency transactions and asset/liability measurement, and sets detailed criteria for accounting records and books. It also designates a qualified director responsible for compliance and sets the effective date for January 1, 2022, while revoking numerous prior resolutions and circulars.

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CMN Resolution No. 4,924

RESOLUTION CMN
NO. 4,924, OF JUNE 24, 2021

Establishes the general principles for accounting recognition, measurement, recording, and disclosure by financial institutions and other institutions authorized to operate by the Central Bank of Brazil.

The Central Bank of Brazil, under the terms of Art. 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in a session held on June 24, 2021, based on Arts. 4, items VIII and XII, and 31 of the aforementioned Law and considering the provisions of Art. 61 of Law No. 11,941, of May 27, 2009,

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Lineage: Amended

Law No. 4595 dated 1964-12-31not in RegAlertResolution No. 1120 dated 1986-…not in RegAlertResolution No. 1655 dated 1989-…not in RegAlertResolution No. 487 dated 1978-0…not in RegAlertCMN Resolution No. 4,924 —General Principles for Accoun…2021-06-24 · this documentNormative Instruction BCB No. 3…2022Central Bank of Brazil Instruct…2023Resolution CMN No. 5116 – Amend…2024Central Bank of Brazil Instruct…2024Normative Instruction BCB No. 4…2024BCB Instruction No. 545 of Nove…2024Instruction Normative BCB No. 7…2026Normative Instruction BCB No. 2…2021Normative Instruction BCB No. 3…2022Normative Instruction BCB No. 6…2025
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Amended 1 time · last 2024-01-25

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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