Rule · BCB · 23 May 2024 · Resolução CMN 5136
The National Monetary Council amends Resolution No. 4,606 of October 19, 2017, by inserting a new definition into Article 6, paragraph I, specifying that a subsidiary is an entity within a prudential conglomerate, excluding the lead institution and the consolidated investment fund. This regulatory change establishes the criteria for identifying subsidiaries under the simplified methodology for calculating the minimum Simplified Reference Equity (PRS5) requirement. The resolution enters into force on June 1, 2024.
Resolution No. 5,136
CMN RESOLUTION
NO. 5,136, OF MAY 23, 2024
Amends
Resolution No. 4,606, of October 19, 2017, which provides for the optional simplified methodology for calculating the minimum requirement for Simplified Reference Equity (PRS5), the requirements for opting for this methodology, and the additional requirements for the simplified structure for continuous risk management.
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 May 23, 2024, based on Articles 3, item VI, and 4, items VIII and XI, of the aforementioned law, Article 20, paragraph 1, of Law No. 4,864, of November 29, 1965, Articles 7 and 23 of Law No. 6,099, of September 12, 1974, and Article 1, paragraph 1, and Article 12 of Complementary Law No. 130, of April 17, 2009,
RESOLVES:
Article 1. Resolution No. 4,606, of October 19, 2017, shall enter into force with the following alterations:
"Article 6 ............................................................................................................
I - subsidiary is the entity that is part of a prudential conglomerate, with the exception of the lead institution and the consolidated investment fund; and
................................................................................................................” (New text)
Article 2. This Resolution enters into force on June 1, 2024.
Roberto de
Oliveira Campos Neto
President of the Central Bank of Brazil
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“Amends Resolution No. 4,606, of October 19, 2017, which provides for the optional simplified methodology for calculating the minimum requirement for Simplified Reference Equity (PRS5)”
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