Rule · BCB · 24 Mar 2022 · Resolução CMN 5010
CMN Resolution No. 5010 revokes Resolution No. 3,914 of October 20, 2010, which prohibited financial institutions and other entities authorized by the Central Bank of Brazil from conducting securities lending, swap, and loan operations with non-resident investors. This revocation removes the previous ban on such transactions. The resolution enters into force on May 2, 2022.
Resolution No. 5,010
CMN RESOLUTION
No. 5,010, OF MARCH 24, 2022
Revokes Resolution No. 3,914, of October 20, 2010, which prohibits the carrying out of securities lending, swap, and loan operations of securities and financial gold by financial institutions and other institutions authorized to operate by the Central Bank of Brazil to non-resident investors, in the situations it specifies.
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 24, 2022, based on Article 4, items V, VIII, and XXXI, of the aforementioned Law,
R E S O L V E D:
Art. 1
Resolution No. 3,914, of October 20, 2010, is hereby revoked.
Art.
2 This Resolution enters into force on May 2, 2022.
Roberto de Oliveira Campos Neto
President of the Central Bank of Brazil
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“Revokes Resolution No. 3,914, of October 20, 2010”
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