CMN Resolution No. 4638 Amending Resolution No. 4.593 of August 28, 2017

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 February 22, 2018, based on Articles 4, item VIII, of the aforementioned Law, and Articles 2, items II and III, and 10, item VIII, of Law No. 4,728 of July 14, 1965, and Article 26-A of Law No. 12,810 of May 15, 2013,

R E S O L V E S:

Article 1. Resolution No. 4,593 of August 28, 2017, shall enter into force with the following amendments:

“Article 3. ........................................................

§ 1. ............................................................

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IV - Bank Deposit Receipts (RDBs) issued up to 180 days after the date of entry into force of this Resolution;

V - ..............................................................

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d) R$1,000.00 (one thousand reais), if the issuance occurs from 721 days after the date of entry into force of this Resolution; and

VI - credit titles representing credit operations of the institutions mentioned in Article 1.

............................................................” (NR)

“Article 16. This Resolution enters into force:

I - 360 days after the date of its publication, regarding Articles 4, 8, and 9; and

II - 180 days after the date of its publication, regarding the remaining provisions.” (NR)

Article 2. This Resolution enters into force on the date of its publication.

Ilan Goldfajn
President of the Central Bank of Brazil