RegAlert2022-09-29 | Resolução CMN 5038Added
CMN Resolution No. 5038 — Amends Resolution CMN No. 4,958 of October 21, 2021, regarding minimum requirements for Reference Equity (PR), Tier 1 and Core Capital and Core Capital Surcharge (CCS)
The resolution amends Resolution CMN No. 4,958 by updating Article 3 to define specific risk-weighted capital requirements: RWACAM for exposures in gold, foreign currency, and assets subject to exchange rate variation calculated via the standardized approach; RWADRC for credit risk exposures of financial instruments in the trading book; and RWACVA for derivative instruments exposed to counterparty credit quality variation. These amendments apply to financial institutions subject to the referenced regulations and enter into force on January 1, 2023.
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CMN RESOLUTION NO. 5,038, OF SEPTEMBER 29, 2022
Amends
Resolution CMN No. 4,958, of October 21, 2021, which provides for the minimum requirements for Reference Equity (PR), Tier 1 and Core Capital and for the Core Capital Surcharge (CCS).
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 September 29, 2022, based on Arts. 4, items VIII and XI, of the aforementioned Law, 20, § 1, of Law No. 4,864, of November 29, 1965, in Law No. 6,099, of September 12, 1974, and in Arts. 1 and 12 of Complementary Law No. 130, of April 17, 2009,
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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
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