CMN Resolution No. 5,221 — Amends CMN Resolution No. 4,911 and CMN Resolution No. 4,950 regarding accounting document preparation and remittance to the Central Bank of Brazil

RESOLUTION
CMN NO. 5,221, OF MAY 30, 2025

Amends
Resolution CMN No. 4,911, of May 27, 2021, which sets forth the general criteria for the preparation and remittance of accounting documents to the Central Bank of Brazil by financial institutions and other institutions authorized to operate by the Central Bank of Brazil, and Resolution CMN No. 4,950, of September 30, 2021, which sets forth the accounting criteria applicable to financial institutions and other institutions authorized to operate by the Central Bank of Brazil in the preparation of the consolidated accounting documents of the prudential conglomerate.

The Central Bank of Brazil, in accordance with art. 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in a session held on May 22, 2025, based on art. 4, caput, items VIII and XII, of the aforementioned Law, and considering the provisions of art. 61 of Law No. 11,941, of May 27, 2009,

R E S O L V E S:

Art. 1. Resolution CMN No. 4,911, of May 27, 2021, published in the Official Gazette of the Union on May 31, 2021, shall enter into force with the following amendments:

“Art. 2. ...................................................................................................................................

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

§ 1. Additionally to the documents provided for in the caput:

I - the institution that has branches in the country must prepare, monthly, the Analytical Balance Sheet by branch;

II - the institution that has branches abroad or participations in entities abroad that are part of the prudential conglomerate must prepare and remit to the Central Bank of Brazil, monthly, the Analytical Balance Sheet of these entities; and

III - the institution that, in accordance with current regulation, chooses to calculate the leverage ratio on a sub-consolidated basis must prepare and remit to the Central Bank of Brazil:

a) Analytical Balance Sheet – Prudential Sub-conglomerate, with monthly frequency; and

b) Balance Sheet – Prudential Sub-conglomerate, with semi-annual frequency, for the reference dates of June 30 and December 31.

.......................................................................................................................................” (NR)

Art. 2. Resolution CMN No. 4,950, of September 30, 2021, published in the Official Gazette of the Union on October 4, 2021, shall enter into force with the following amendments:

“CHAPTER
III-A
OF
THE PRUDENTIAL SUB-CONGLOMERATE

Art. 13-A. The prudential sub-conglomerate is formed by the lead institution of the prudential conglomerate and by the other entities that are part of the prudential conglomerate that:

I - are incorporated in the country; and

II - do not have current or anticipated impediments to the timely transfer of resources to the other entities of the sub-conglomerate.

Sole paragraph. For the purposes of the provision in the caput, agencies abroad of the entities that are part of the prudential sub-conglomerate shall not be included.

Art. 13-B. In the preparation of the consolidated accounting information of the prudential sub-conglomerate, the institutions referred to in art. 1 must, where applicable, observe:

I - the criteria established in Chapter III, Sections I and II, of this Resolution; and

II - the accounting consolidation procedures established in the specific regulation of the Central Bank of Brazil.” (NR)

Art. 3. This Resolution enters into force on July 1, 2026.

GABRIEL MURICCA
GALÍPOLO
President of the Central Bank of Brazil