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2021-08-26 | Resolução CMN 4940

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CMN Resolution No. 4940 — Consolidates Norms on Safeguard Procedures for Financial Institutions and Credit Operations with the Public Sector

CMN Resolution No. 4940 consolidates regulatory norms establishing safeguard procedures for financial institutions operating with public sector entities, requiring them to verify compliance with credit limits and conditions under Article 33 of Complementary Law No. 101/2000. The resolution mandates that authorized institutions centralize document receipt with the National Treasury Secretariat, ensure contractual formalization only after verifying adherence to exposure limits, and submit requests for limit verification to the Ministry of Economy. It exempts specific credit operations guaranteed by the Union from certain adherence checks but requires verification of their regulatory classification. The resolution revokes previous resolutions 3,751, 4,585, and 4,826, and enters into force on October 1, 2021.

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CMN RESOLUTION NO. 4,940, OF AUGUST 26, 2021

Consolidates, in a single normative act, the norms that provide for safeguard procedures for financial institutions in view of the provisions of Article 33 of Complementary Law No. 101, of May 4, 2000, procedures to require proof of compliance with limits and conditions for the contracting of credit operations, and procedures to be observed for operations carried out by financial institutions under the protection of §§ 1, 2, and 3 of Article 65 of Complementary Law No. 101, of 2000, in compliance with Decree No. 10,139, of November 28, 2019.

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Lineage: In force

Lei n.º 4.595, de 31 de dezembr…1964Law No. 101 dated 2000-05-04not in RegAlertRegulation No. 10139 dated 2019…not in RegAlertCMN Resolution No. 4826 - Proce…2020Resolution No. 3751 dated 2009-…not in RegAlertResolution No. 4585 dated 2017-…not in RegAlertCMN Resolution No. 4940 —Consolidates Norms on Safegua…2021-08-26 · this documentResolution CMN No. 4996 — Defin…2022Instruction Normative BCB No. 2…2022Instruction Normative BCB No. 3…2022
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This document supersedes: CMN Resolution No. 4826 - Procedures for Financial Institution Operations under Complementary Laws No. 101/2000 and No. 173/2020

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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