2021-09-15 | Resolução CMN 4945

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CMN Resolution No. 4945 on the Social, Environmental and Climate Responsibility Policy (PRSAC)

CMN Resolution No. 4945 establishes the Social, Environmental and Climate Responsibility Policy (PRSAC) and mandates financial institutions in Segments 1 through 5 to implement actions ensuring its effectiveness. The regulation requires institutions to designate a responsible director, establish a social, environmental and climate responsibility committee (mandatory for Segments 1 and 2, optional for 3-5), and publish specific PRSAC-related information on their websites. It unifies the PRSAC for prudential conglomerates and credit cooperative systems, repeals Resolution No. 4.327 of 2014, and sets compliance deadlines of July 1, 2022, for Segments 1 and 2, and December 1, 2022, for Segments 3, 4, and 5.

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