RegAlert2024-12-20 | Instrução Normativa BCB 570Added
Instruction Normative BCB No. 570 — Sets the deadline for submitting the base dates for January, February, and March 2025 of document code 4111 – Daily Accounting Balances
Financial institutions and other institutions authorized by the Central Bank of Brazil are permitted to submit document code 4111 (Daily Accounting Balances) for the base dates of January, February, and March 2025 until April 5, 2025. This extension aligns the submission deadline for daily accounting balances with other postponed accounting documents, such as analytical balance sheets and banking statistics, which share the same extended deadline of March 31, 2025. The measure responds to operational difficulties reported by banking associations and aims to reduce regulatory costs for regulated entities during the transition to the new Cosif accounting standard version 1.5.
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INSTRUCTION NORMATIVE BCB NO. 570, OF DECEMBER 20, 2024
Sets the deadline for submitting the base dates for January, February, and March 2025 of document code 4111 – Daily Accounting Balances, as provided for in Instruction Normative BCB No. 524, of September 18, 2024.
The Head of the Department of Financial System Monitoring – DESIG, acting within the authority granted by Article 23, item I, letter “a”, of the Internal Regulations of the Central Bank of Brazil, published through Resolution BCB No. 340, of September 21, 2023, based on Article 85, item I, letter “b”, of said Regulations, and considering the provisions of CMN Resolution No. 4,966, of November 25, 2021, BCB Resolutions Nos. 208, of March 22, 2022, 352, of November 23, 2023, and 428, of November 7, 2024, and Instruction Normative BCB No. 524, of September 18, 2024,
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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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