RegAlert2023-08-24 | Resolução CMN 5101Added
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 amends CMN Resolution No. 4,975 to mandate that financial institutions and other entities authorized by the Central Bank of Brazil apply Accounting Pronouncement CPC 06 (R2) for the recognition, measurement, presentation, and disclosure of leasing operations. The regulation explicitly excludes securities brokers, currency brokers, consortium administrators, and payment institutions from these specific provisions, directing them to follow separate Central Bank regulations. The amended rules become effective on October 1, 2023, and permit the application of these accounting standards to contracts entered into before this date where the institution acts as the lessee.
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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,
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This document amends: CMN Resolution No. 4,975 on Accounting Criteria for Leasing Operations by Financial Institutions
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
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