2024-05-23 | Resolução CMN 5136Added
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.
BCB published 15 documents in the last 30 days — get each new one by email the day it lands.
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,
Read the rest free, and get an email when BCB publishes again
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
More like this from BCB
BCB published 15 documents in the last 30 days. We email you each new one the day it's published.