2023-03-30 | Resolução CMN 5064Added
The Central Bank of Brazil amends Resolution CMN No. 5,056 by defining the international interest rate indicator (J) as the Secured Overnight Financing Rate (SOFR) and establishing a threshold for foreign currency purchases where amounts up to US$10,000 or equivalent do not exceed 10% of the total purchase value. These changes apply to entities subject to the financial charge regulations outlined in Article 7 of Law No. 14,286. The resolution enters into force on May 2, 2023.
BCB published 15 documents in the last 30 days — get each new one by email the day it lands.
CMN Resolution No. 5,064, OF MARCH 30, 2023
Amends CMN Resolution No. 5,056, of December 15, 2022, which provides for the financial charge referred to in Article 7 of Law No. 14,286, of December 29, 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 March 30, 2023, based on § 2 of Article 7 of Law No. 14,286, of December 29, 2021,
RESOLVES:
Read the rest free, and get an email when BCB publishes again
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
More like this from BCB
BCB published 15 documents in the last 30 days. We email you each new one the day it's published.
FX rules change often. Get an email the day any regulator we track changes its foreign-exchange rules.