Regulatory Alerts2020-05-14 | Carta Circular 4051Circular Letter No. 4051 - Requirements for Submission of Financial Statements in Open Data Format to the Central Bank of Brazil
The Central Bank of Brazil mandates that financial institutions and consortium administrators submit individual and consolidated financial statements in JavaScript Object Notation (JSON) format to establish the National Financial Statements Central. This regulation specifies five distinct document types for quarterly, semi-annual, and annual reporting under corporate law, CVM, or IFRS standards, with submissions required via the Electronic File Transfer System (STA). The requirements became effective on June 1, 2020, with specific deadlines for March and June 2020 data bases, while exempting certain small entities from the Cash Flow Statement requirement.
Share