Rule · BCB · 19 Sep 2025 · Resolução CMN 5248
This resolution amends Resolution CMN No. 5,242 by modifying Article 3, Section 4 to establish specific penalty interest rates for borrowers who fail to meet export requirements. Borrowers meeting the requirements of Article 2, sole paragraph, item I, are subject to a penalty of 2% per annum on the difference between the financing value and the verified export value, while those meeting the requirements of item II face a penalty of 8% per annum. These penalties apply for the entire financing period from the contract date until the last scheduled amortization or early settlement. The resolution enters into force on the date of its publication.
RESOLUTION
CMN NO. 5,248, OF SEPTEMBER 19, 2025
Amends
Resolution CMN No. 5,242, of August 22, 2025, which establishes the conditions, financial charges, deadlines, and other regulatory norms for the financing lines referred to in Article 5-A of Law No. 9,818, of August 23, 1999.
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 an extraordinary session held on September 19, 2025, considering the provisions of Article 4, caput, item VI, of Law No. 4,595, of December 31, 1964, and of Article 5-A, § 6, of Law No. 9,818, of August 23, 1999, introduced by Provisional Measure No. 1,309, of August 13, 2025,
R E S O L V E S:
Art.
1º Resolution CMN No. 5,242, of August 22, 2025, published in the Official Gazette of the Union on August 25, 2025, shall be amended as follows:
“Art. 3º ...................................................................................................................................
.................................................................................................................................................
§ 4º .........................................................................................................................................
I - for borrowers who meet the requirements set forth in Article 2, sole paragraph, item I:
penalty equivalent to the payment of interest of 2% p.a. (two percent per year) on the difference between the value of the financing and the value determined as exported from data made available, for the entire financing period from the date of contracting until the date of the last scheduled amortization or early settlement; and
II - for borrowers who meet the requirements set forth in Article 2, sole paragraph, item II:
penalty equivalent to the payment of interest of 8% p.a. (eight percent per year) on the difference between the value of the financing and the value determined as exported from data made available, for the entire financing period from the date of contracting until the date of the last scheduled amortization or early settlement.
.......................................................................................................................................” (NR)
Art.
2º This Resolution enters into force on the date of its publication.
GABRIEL MURICCA GALÍPOLO
President of the Central Bank of Brazil
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“Amends Resolution CMN No. 5,242, of August 22, 2025, which establishes the conditions, financial charges, deadlines, and other regulatory norms for the financing lines referred to in Article 5-A of Law No. 9,818, of August 23, 1999.”
“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 an extraordinary session held on September 19, 2025, considering the provisions of Article…”
“considering the provisions of Article 4, caput, item VI, of Law No. 4,595, of December 31, 1964, and of Article 5-A, § 6, of Law No. 9,818, of August 23, 1999”
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