CMN Resolution No. 5,019 — Amending CMN Resolution No. 4,966 of November 25, 2021, Regarding Accounting Concepts and Criteria for Financial Instruments and Hedge Accounting

CMN RESOLUTION NO. 5,019, OF JUNE 23, 2022

Amends CMN Resolution No. 4,966, of November 25, 2021, which provides for the concepts and accounting criteria applicable to financial instruments, as well as for the designation and recognition of hedging relationships (hedge accounting) by financial institutions and other institutions authorized to operate by the Central Bank of Brazil.

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 June 23, 2022, based on Article 4, items VIII and XII, of the aforementioned Law,

HAS DECIDED:

Article 1. CMN Resolution No. 4,966, of November 25, 2021, shall enter into force with the following alteration:

“Article 76. The institutions mentioned in Article 1 must, by December 31, 2022, prepare and keep available to the Central Bank of Brazil a plan for the implementation of the accounting regulation established in this Resolution.

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(NR)

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

Roberto de Oliveira Campos Neto
President of the Central Bank of Brazil