RegAlert2024-12-02 | Instrução Normativa BCB 558Added
Instruction Normative BCB No. 558 of December 2, 2024
Financial institutions must use the RSFN or STR-Web application to report data on the allocation of sight deposits to productive guided microcredit, utilizing specific Cosif account codes in the RCO0002 message for reference dates starting January 1, 2025. The regulation establishes a calculation formula for any unallocated amounts to be remitted to the Central Bank of Brazil and mandates that supporting documentation be retained for a minimum of five years. It revokes Instruction Normative BCB No. 59 of December 16, 2020, and enters into force on January 1, 2025.
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Resolution No. 222
INSTRUCTION NORMATIVE
BCB No. 558, OF DECEMBER 2, 2024
Discloses procedures for verifying compliance with the requirement to apply sight deposits, collected by financial institutions, in productive guided microcredit operations, and establishes procedures for the remittance of information related to said operations.
The Head of the Department of Banking Operations and Payment System (Deban), using the authority conferred by art. 23, item I, letter “a”, of the Internal Regulations of the Central Bank of Brazil, annexed to Resolution BCB No. 340, of September 21, 2023, and taking into account the provisions of CMN Resolution No. 4.854, of September 24, 2020, and CMN Resolution No. 4.861, of October 23, 2020,
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Lineage: In force
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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