Rule · BCB · 27 Jan 2022 · Resolução CMN 4981
CMN Resolution No. 4,981 amends Annex II of Resolution No. 3,844/2010 by revoking Article 19-A, which previously allowed direct and indirect entities of States, Municipalities, and the Federal District to hold foreign currency accounts linked to external credit operations. The resolution maintains all authorizations granted prior to its effective date for the opening and operation of such accounts in banks authorized to operate in the foreign exchange market. The regulation entered into force on the date of its publication.
Resolution No. 4,981
CMN RESOLUTION NO. 4,981, OF JANUARY 27, 2022
Amends Resolution No. 3,844, of March 23, 2010, which provides for foreign capital in the Country and its registration at the Central Bank of Brazil, and gives other instructions.
The Central Bank of Brazil, in accordance with Article 9 of Law No. 4,595, of December 31, 1964, makes it public that the Monetary Council, in a session held on January 27, 2022, based on Articles 4, items V and XXXI, and 57 of the aforementioned Law, Article 65, § 2, of Law No. 9,069, of June 29, 1995, and Article 27 of Decree No. 42,820, of December 16, 1957,
RESOLVES:
Article 1. The Regulation Annex II to Resolution No. 3,844, of March 23, 2010, shall enter into force with the following alteration:
~~“Article 19-A. .......................................................................................................
Sole paragraph. Entities of the direct and indirect administration of the States, of the Municipalities, and of the Federal District may be holders, in banks authorized to operate in foreign exchange, of foreign currency accounts linked to external credit operations (designated accounts) granted by international organizations and foreign government agencies.” (NR)~~
Article 1. (Revoked by BCB Resolution No. 278, of 12/31/2022.)
Article 2. The authorizations granted until the date of entry into force of this Resolution for the opening and operation, in banks authorized to operate in the foreign exchange market in the Country, of foreign currency accounts linked to external credit operations granted by international organizations and foreign government agencies are maintained.
Article 3. This Resolution enters into force on the date of its publication.
Roberto de Oliveira Campos Neto
President of the Central Bank of Brazil
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.
“Amends Resolution No. 3,844, of March 23, 2010, which provides for foreign capital in the Country and its registration at the Central Bank of Brazil, and gives other instructions.”
“VII - art. 1 of Resolution CMN No. 4,981, of January 27, 2022;”
This document amends: Resolution CMN No. 3844 — Regulates Foreign Capital in the Country and its Registration at the Central Bank of Brazil
More like this from BCB
BCB published 10 documents in the last 30 days. We email you each new one the day it's published.
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
In RegAlert: added · updated
FX rules change often. Get an email the day any regulator we track changes its foreign-exchange rules.