Instruction Normative BCB No. 416 — Amends Instruction Normative BCB No. 411 of September 25, 2023, Regarding Daily Information Remittance to the Central Bank of Brazil for CDBs, RDBs, and Advance Notice Deposits

INSTRUCTION NORMATIVE BCB No. 416, OF OCTOBER 19, 2023

Amends Instruction Normative BCB No. 411, of September 25, 2023, which establishes the procedures for the remittance of daily information to the Central Bank of Brazil regarding Certificates of Deposit (CDBs), Bank Deposit Receipts (RDBs), and advance notice deposits of own issuance, as provided for in Article 2, item IV, of Resolution BCB No. 208, of March 22, 2022.

The Head of the Statistics Department (DSTAT), in the exercise of the powers conferred upon him by Article 23, item I, letter “a”, combined with Article 103, item I, of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84.287, of February 27, 2015, and in view of the provisions set forth in Resolutions BCB Nos. 208, of March 22, 2022, and 292, of February 14, 2023,

RESOLVES:

Art. 1º Instruction Normative BCB No. 411, of September 25, 2023, shall enter into force with the following alteration:

“Art. 9º This Instruction Normative enters into force on January 1, 2024.” (NR)

Art. 2º This Instruction Normative enters into force on the date of its publication.

Fernando
Alberto G. Sampaio C. Rocha

Head of the Statistics Department

NOTE

The Remittance of Daily Information to the Central Bank of Brazil, regulated by Article 2, item IV, of Resolution BCB No. 208, of March 22, 2022, consists of the sending of information related to Certificates of Deposit (CDBs), Bank Deposit Receipts (RDBs), and advance notice deposits of own issuance by financial institutions and other institutions authorized to operate by the Central Bank of Brazil, with the objective of providing society and economic agents with statistical information about these deposits. It is worth noting that such information has already been provided by institutions and their statistics published since 1992. Therefore, this norm aims only at the continuity of information already provided and compiled.

2. The alterations proposed in this Instruction Normative (IN) aim to rectify:

I - the effective date of Instruction Normative BCB No. 411, of September 25, 2023, according to the effective date established in item IV of Article 9 of Resolution BCB No. 208, of March 22, 2022.

3. Given that this IN only rectifies Instruction Normative BCB No. 411, of 2023, it is understood that it is necessary for it to enter into force on the date of its publication.

4. Decree No. 10.411, of June 30, 2020, regulated the carrying out of regulatory impact analysis (AIR) as a prerequisite for the issuance of normative acts. However, in its Article 4, it establishes the hypotheses for exemption from carrying out AIR. This Instruction Normative falls under item III - normative act considered of low impact. Thus, based on item III of Article 4 of Decree No. 10.411, of 2020, I understand that the issuance of this Instruction Normative is exempt from carrying out AIR.

Fernando Alberto G. Sampaio C. Rocha

Head of the Statistics Department (DSTAT)