CMN Resolution No. 5,101 — Amending CMN Resolution No. 4,975 of December 16, 2021, Regarding Accounting Criteria for Leasing Operations by Financial Institutions

CMN RESOLUTION NO. 5,101, OF AUGUST 24, 2023

Amends CMN Resolution No. 4,975, of December 16, 2021, which provides for the accounting criteria applicable to leasing operations 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 August 24, 2023, based on Articles 4, items VIII and XII, and 31 of the aforementioned Law, Article 7 of Law No. 6,099, of September 12, 1974, and Article 61 of Law No. 11,941, of May 27, 2009,

R E S O L V E D:

Article 1
CMN Resolution No. 4,975, of December 16, 2021, shall enter into force with the following amendments:

“Article 1 ............................................................................................................

Sole Paragraph. The provisions of this Resolution do not apply to securities brokerage companies, securities distribution companies, currency brokerage companies, consortium administrators, and payment institutions, which must observe the regulations issued by the Central Bank of Brazil, in the exercise of their legal duties.” (NR)

“Article 2 The institutions mentioned in Article 1 must observe the Technical Pronouncement of the Accounting Pronouncements Committee (CPC) 06 (R2) – Leases, approved on October 6, 2017, in the recognition, measurement, presentation, and disclosure of leasing operations.

.........................................................................................................................

§ 5 The application of the provisions of this article is optional for contracts entered into before the effective date of this Resolution in which the institution mentioned in Article 1 appears as the lessee.

§ 6 For accounting regulatory purposes, the term “leasing” refers to the concept defined for the term “lease” in the Technical Pronouncement of the Accounting Pronouncements Committee (CPC) 06 (R2).” (NR)

Article 2 This Resolution enters into force on October 1, 2023.

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