Rule · BCB · 24 Mar 2022 · Resolução CMN 4997
CMN Resolution No. 4,997 expressly revokes six specific normative acts previously issued by the Central Bank of Brazil: Resolutions Nos. 3,119, 3,227, 3,330, 3,397, 3,710, and 3,768. This action is taken in compliance with Decree No. 10,139 of November 28, 2019, which mandates the review of normative acts that have been tacitly revoked or whose effects have expired. The resolution enters into force on May 2, 2022, thereby removing these obsolete regulations from the legal framework governing financial institutions.
CMN RESOLUTION NO. 4,997, OF MARCH 24, 2022
Expressly revokes normative acts already tacitly revoked or whose effects have expired over time, in compliance with Decree No. 10,139 of November 28, 2019.
The Central Bank of Brazil, in accordance with Article 9 of Law No. 4,595 of December 31, 1964, makes public that the National Monetary Council, in a session held on March 24, 2022, considering the provisions of Articles 5, 7, and 8 of Decree No. 10,139 of November 28, 2019,
HAS RESOLVED:
Article 1. The following are revoked:
I - Resolution No. 3,119 of August 27, 2003;
II - Resolution No. 3,227 of August 5, 2004;
III - Resolution No. 3,330 of November 25, 2005;
IV - Resolution No. 3,397 of August 29, 2006;
V - Resolution No. 3,710 of April 16, 2009; and
VI - Resolution No. 3,768 of July 29, 2009.
Article 2. This Resolution enters into force on May 2, 2022.
Roberto de Oliveira Campos Neto President of the Central Bank of Brazil
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“I - Resolution No. 3,119 of August 27, 2003;”
“II - Resolution No. 3,227 of August 5, 2004;”
“III - Resolution No. 3,330 of November 25, 2005;”
“IV - Resolution No. 3,397 of August 29, 2006;”
“V - Resolution No. 3,710 of April 16, 2009; and”
“VI - Resolution No. 3,768 of July 29, 2009.”
“in compliance with Decree No. 10,139 of November 28, 2019.”
“in accordance with Article 9 of Law No. 4,595 of December 31, 1964”
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