RegAlert2021-12-16 | Resolução CMN 4975Added · Updated
CMN Resolution No. 4,975 on Accounting Criteria for Leasing Operations by Financial Institutions
CMN Resolution No. 4,975 establishes accounting criteria for leasing operations conducted by financial institutions and other entities authorized by the Central Bank of Brazil, requiring adherence to CPC 06 (R2) for recognition, measurement, presentation, and disclosure. The resolution excludes securities brokers, currency brokers, consortium administrators, and payment institutions from its scope, directing them to follow separate Central Bank regulations. It revokes Circular No. 1,429 of 1989 and becomes effective on January 1, 2025.
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Resolution No. 4,975
CMN RESOLUTION NO. 4,975, OF DECEMBER 16, 2021
Establishes the accounting criteria applicable to leasing operations by financial institutions and other institutions authorized to operate by the Central Bank of Brazil.
The Central Bank of Brazil, in accordance with Art. 9 of Law No. 4,595 of December 31, 1964, makes public that the Monetary Council, in a session held on December 16, 2021, based on Arts. 4, items VIII and XII, and 31 of the aforementioned Law, Art. 7 of Law No. 6,099 of September 12, 1974, and Art. 61 of Law No. 11,941 of May 27, 2009,
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Amended 1 time · last 2023-08-24
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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