CMN Resolution No. 4791 — Amends Resolution No. 4,782, of March 16, 2020, which establishes, for a determined period, due to potential impacts of Covid-19 on the economy, temporary criteria for the characterization of credit operation restructurings, for risk management purposes

The Central Bank of Brazil, in the form of art. 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in a session held on March 26, 2020, based on arts. 4, item VIII, of the aforementioned Law, 2, item VI, and 9 of Law No. 4,728, of July 14, 1965, 20, § 1, of Law No. 4,864, of November 29, 1965, 7 and 23, item "a", of Law No. 6,099, of September 12, 1974, 1, item II, of Law No. 10,194, of February 14, 2001, 6 of Decree-Law No. 759, of August 12, 1969, and 1, § 1, of Complementary Law No. 130, of April 17, 2009, R E S O L V E D :
Art. 1 Resolution No. 4,782, of March 16, 2020, shall come into force with the following amendments:
“Art. 1 For credit risk management purposes, credit operation restructurings carried out until September 30, 2020, inclusive:
I - are exempt from being considered an indicator for the purposes of the provisions of § 1 of art. 24 of Resolution No. 4,557, of February 23, 2017, and § 1 of art. 27 of Resolution No. 4,606, of October 19, 2017, with a view to characterizing the respective exposure as a problematic asset; and II - allow for the immediate reversal of the characterization of the exposure as a problematic asset that has been made exclusively based on item I of § 1 of art. 24 of Resolution No. 4,557, of 2017, or item I of § 1 of art. 27 of Resolution No. 4,606, of 2017. ...........................................................” (NR) Art. 2 This Resolution enters into force on the date of its publication. Roberto de Oliveira Campos Neto President of the Central Bank of Brazil