RegAlert2021-06-24 | Resolução CMN 4926Added
CMN Resolution No. 4926 — Amends Resolution No. 4557 of February 23, 2017, regarding risk management structure, capital management structure, and information disclosure policy
The resolution amends Resolution No. 4557/2017 to require institutions to manage market risk instruments through a trading desk structure and to define trading and banking portfolios with specific valuation and reclassification criteria. It introduces rules for internal risk transfers, allowing capital relief only when registered in a dedicated trading desk authorized by the Central Bank of Brazil, with a compliance deadline of December 1, 2022. The text updates board and management responsibilities regarding risk governance, capital contingency plans, and the risk committee, while repealing specific prior provisions on market value adjustments and documentation.
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CMN RESOLUTION NO. 4,926, OF JUNE 24, 2021
Amends
Resolution No. 4,557, of February 23, 2017, which provides for the risk management structure, the capital management structure, and the information disclosure policy.
The Central Bank of Brazil, in accordance with Art. 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in a session held on June 24, 2021, 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, 6 of Decree-Law No. 759, of August 12, 1969, 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, and 1, § 1, of Complementary Law No. 130, of April 17, 2009,
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Lineage: In force
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This document amends: Resolution CMN No. 4557 — Establishes the Risk Management Structure and Capital Management Structure
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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