RegAlert2022-11-25 | Resolução CMN 5049Added
CMN Resolution No. 5,049 — Amending Resolutions Nos. 4,282, 4,553, 4,606, 4,677, 4,955, and 4,958
This resolution amends six Central Bank of Brazil resolutions to update prudential rules for payment institutions and financial conglomerates, specifically introducing a simplified methodology for calculating the Simplified Reference Capital requirement (PRS5) for smaller non-bank entities. It defines eligibility criteria for this simplified approach, mandates simplified continuous risk management structures, and establishes specific capital calculation components for payment-related risks. The regulation also repeals several outdated provisions and sets staggered effective dates for implementation between January 1, 2023, and January 1, 2024.
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Resolution No. 5,049
CMN RESOLUTION
No. 5,049, OF NOVEMBER 25, 2022
Amends
Resolutions Nos. 4,282, of November 4, 2013, 4,553, of January 30, 2017, 4,606, of October 19, 2017, 4,677, of July 31, 2018, and CMN Resolutions Nos. 4,955, of October 21, 2021, and 4,958, of October 21, 2021.
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 November 24, 2022, based on Articles 4, items VIII and XI, of the aforementioned Law, 9 and 10 of Law No. 4,728, of July 14, 1965, 20, § 1, of Law No. 4,864, of November 29, 1965, 7 and 23 of Law No. 6,099, of September 12, 1974, 1, § 1, and 12 of Complementary Law No. 130, of April 17, 2009, and 9 of Law No. 12,865, of October 9, 2013,
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Lineage: In force
Show all related documents (11)
- Supersedes
- Resolution No. 4744 dated 2019-08-29not in RegAlert
- Amends
- CMN Resolution No. 4,955 — Establishes the methodology for calculating Reference Equity (PR)2021CMN Resolution No. 4,958 — Minimum Requirements for Reference Equity, Tier 1 and Core Capital and Additional Core Capital2021Resolution CMN No. 4677 — Establishes Maximum Exposure Limits per Client and Maximum Concentrated Exposures2018Resolution CMN No. 4606 — Simplified Optional Methodology for Minimum Simplified Reference Equity (PRS5) Calculation and Simplified Risk Management Structure2017Resolution CMN No. 4557 — Establishes the Risk Management Structure and Capital Management Structure2017CMN Resolution No. 4553 — Establishes Segmentation of Financial Institutions for Proportional Prudential Regulation2017
- Refers to
- CMN Resolution No. 4,950 — Accounting Criteria for Prudential Conglomerate Consolidated Financial Statements2021CMN Resolution No. 4019 on Preventive Prudential Measures for the National Financial System2011
- Referred to by
- BCB Normative Instruction No. 460 of March 28, 20242024
Timeline
This document amends: CMN Resolution No. 4,955 — Establishes the methodology for calculating Reference Equity (PR), CMN Resolution No. 4,958 — Minimum Requirements for Reference Equity, Tier 1 and Core Capital and Additional Core Capital, Resolution CMN No. 4677 — Establishes Maximum Exposure Limits per Client and Maximum Concentrated Exposures, Resolution CMN No. 4606 — Simplified Optional Methodology for Minimum Simplified Reference Equity (PRS5) Calculation and Simplified Risk Management Structure, Resolution CMN No. 4557 — Establishes the Risk Management Structure and Capital Management Structure, CMN Resolution No. 4553 — Establishes Segmentation of Financial Institutions for Proportional Prudential Regulation, Resolution CMN No. 4282 — Establishes Guidelines for Regulation, Surveillance, and Supervision of Payment Institutions and Payment Arrangements in the Brazilian Payments System
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