2023-06-23 | Instrução Normativa BCB 394Added
Instruction Normative BCB No. 394 amends Instruction Normative No. 101 to require prudential conglomerates in segments S1 through S4 to submit the Market Risk Statement (DRM). The amendment includes Type 3 conglomerates in the list of institutions required to send the DRM and mandates that cooperatives within organized three- or two-level systems submit their information centrally through the cooperative systems. The rule also clarifies that information must be prepared and submitted starting from the first reporting date on which the authorized institution is effectively operational. These changes take effect on July 1, 2023, for most provisions, and October 1, 2023, for the amendments to Article 3.
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INSTRUCTION NORMATIVE BCB NO. 394, OF JUNE 23, 2023
Amends
Instruction Normative No. 101, of April 26, 2021, which provides for the procedures for submitting information regarding exposures to market risk, to the risk of variation in interest rates on instruments classified in the banking book (IRRBB), and to exposures related to the calculation of Risk-Weighted Assets (RWA) for market risk, used for the purpose of calculating the minimum requirements for Reference Equity (RE), Tier 1, Core Capital, and the Core Capital Surcharge, as provided in Resolution BCB No. 84, of March 31, 2021.
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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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