Rule · BCB · 26 Mar 2026 · Resolução CMN 5287
The National Monetary Council, through the Central Bank of Brazil, issued Resolution CMN No. 5,287 to amend the eligibility criteria for innovation and digitalization financing operations funded by the Worker Protection Fund (FAT) and transferred to BNDES. The amendment specifically introduces a temporary provision for the 2026 fiscal year, authorizing BNDES to approve limits up to 2.50% of the resources transferred to it under Article 239, § 1 of the Federal Constitution. This resolution entered into force on the date of its publication, modifying the framework established by CMN Resolution No. 5,097 of 2023.
RESOLUTION
CMN NO. 5,287, OF MARCH 26, 2026
Amends Article 3 of CMN Resolution No. 5,097, of August 24, 2023, which defines the eligibility criteria for financing operations for innovation and digitalization using resources from the Worker Protection Fund – FAT transferred to the National Bank for Economic and Social Development – BNDES, remunerated by the Reference Rate – TR.
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 March 26, 2026, considering the provisions of Article 4, main paragraph, item VI, of Law No. 4,595, of December 31, 1964, and Article 18-A, main paragraph and sole paragraph, of Law No. 13,483, of September 21, 2017,
RESOLVED:
Art. 1º CMN Resolution No. 5,097, of August 24, 2023, published in the Official Gazette of the Union on August 25, 2023, shall enter into force with the following alterations:
“Art. 3º .............................................................................................................................................................
...........................................................................................................................................................................
§ 4º Exclusively for the 2026 fiscal year, BNDES shall approve a limit of up to 2.50% (two and fifty hundredths percent) of the balance of resources transferred to it as provided in Article 239, § 1, of the Federal Constitution for the operations covered by this regulation.” (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 Article 3 of CMN Resolution No. 5,097, of August 24, 2023”
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