RegAlert2023-12-21 | Resolução CMN 5112Added
CMN Resolution No. 5,112 of December 21, 2023
CMN Resolution No. 5,112 amends Resolutions 4,549, 5,057, and 5,004 to regulate credit operations financing credit card balances and post-paid payment instruments. It defines key terms such as original debt value and financial charges, mandates detailed disclosure in statements, and guarantees the right to renegotiate operations provided total charges do not exceed the original debt. The resolution updates portability rules, prohibiting reimbursement fees for post-paid balances and requiring consolidated credit proposals, with Article 1 taking effect upon publication and other provisions effective July 1, 2024.
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CMN RESOLUTION
NO. 5,112, OF DECEMBER 21, 2023
Amends Resolution No. 4,549, of January 26, 2017, which provides for the financing of the outstanding balance of credit card bills and other post-paid payment instruments, CMN Resolution No. 5,004, of March 24, 2022, which provides for the requirements to be observed in the offer, contracting, and provision of services of credit operations and financial leasing, and CMN Resolution No. 5,057, of December 15, 2022, which provides for the portability of credit operations and financial leasing.
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Lineage: In force
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