CMN Resolution No. 5121 — Amends CMN Resolution No. 5.118 of February 1, 2024, regarding the backing for the issuance of Agricultural Receivables Certificates (CRAs) and Real Estate Receivables Certificates (CRIs)

CMN RESOLUTION NO. 5,121, OF MARCH 1, 2024

Amends CMN Resolution No. 5,118, of February 1, 2024, which provides for the backing for the issuance of Agricultural Receivables Certificates (CRAs) and Real Estate Receivables Certificates (CRIs).

The Central Bank of Brazil, in accordance with Article 9 of Law No. 4,595, of December 31, 1964, makes it public that the National Monetary Council, in an extraordinary session held on March 1, 2024, based on Articles 3, items I to III, of Law No. 6,385, of December 7, 1976, 49 of Law No. 11,076, of December 30, 2004, and 41 of Law No. 9,514, of November 20, 1997,

R E S O L V E D:

Art. 1 The CMN Resolution No. 5,118, of February 1, 2024, shall enter into force with the following alterations:

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

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§ 1 When used in this Resolution, the expression "related party" has the meaning attributed to it in the respective Technical Pronouncement of the Accounting Pronouncements Committee, received by the Securities and Exchange Commission.

§ 2 For the purposes of the provision in item I of the caput, contracts and obligations of a commercial nature, such as promissory notes and lease, purchase and sale, promise of purchase and sale, and usufruct contracts related to real estate, shall not be considered debt securities.” (NR)

“Art. 3 ............................................................................................................

I - debt securities whose debtor, co-debtor, or guarantor is:

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b) a financial institution or entity authorized to operate by the Central Bank of Brazil, other entities forming part of a prudential conglomerate, or their respective controlled companies;

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Art. 2 The sole paragraph of Article 2 of CMN Resolution No. 5,118, of 2024, is hereby revoked.

Art. 3 This Resolution enters into force on the date of its publication.

ROBERTO DE OLIVEIRA CAMPOS NETO

President of the Central Bank of Brazil