Instruction Normative BCB No. 579 of December 27, 2024

Resolution No. 222

INSTRUCTION NORMATIVE
BCB No. 579, OF DECEMBER 27, 2024

Amends
Instruction Normative BCB No. 318, of November 4, 2022, which defines the accounting subgroups of the list of accounts of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif) for use by financial institutions and other institutions authorized to operate by the Central Bank of Brazil.

The Head of the Department of Regulation of the Financial System (Denor), in the exercise of 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, based on arts. 12 of CMN Resolution No. 4,858, of October 23, 2020, and 10 of BCB Resolution No. 92, of May 6, 2021,

R E S O L V E :

Art. 1º Instruction Normative BCB No. 318, of November 4, 2022, published in the Official Gazette of the Union on November 7, 2022, shall enter into force with the following alteration:

“Art. 10. This Instruction Normative enters into force on January 1, 2030.” (NR)

Art. 2º This Instruction Normative enters into force on January 1, 2025.

UVERLAN RODRIGUES PRIMO

NOTE
906/2024–BCB/DENOR, OF DECEMBER 27, 2024

Justifies proposal for issuance of instruction normative that amends IN BCB No. 318, of November 4, 2022, which defines the accounting subgroups of the list of accounts of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif) for use by financial institutions and other institutions authorized to operate by the Central Bank of Brazil.

Dear Head of Denor,

The present Note justifies a proposal for the issuance of an instruction normative that amends Instruction Normative BCB No. 318, of November 4, 2022, in the exercise of the authority conferred by art. 23, item I, letter "a", of the Internal Regulations of the Central Bank of Brazil (BCB), annexed to Resolution BCB No. 340, of September 21, 2023, based on arts. 12 of CMN Resolution No. 4,858, of October 23, 2020, and 10 of BCB Resolution No. 92, of May 6, 2021.

2. Resolution
   BCB No. 390, of June 12, 2024, postponed, to January 2030, the increase in the number of digits of the subgroup and the breakdown of subgroup of the code of the accounting items of the list of accounts of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil – Cosif provided for in Resolution BCB No. 92, of May 6, 2021.

3. Therefore, it is necessary to postpone the entry into force of Instruction Normative BCB No. 318, of
   2022, which defines the Cosif subgroups already considering the increased number of digits, in order to make it compatible with the changes implemented by Resolution BCB No. 390, of 2024.

4. Finally, in compliance with the provisions of art. 5º of Law No. 13,874, of September 20, 2019,
   Decree No. 10,411, of June 30, 2020, determines that proposals for normative acts of general interest of economic agents formulated by bodies and entities of the direct, autarchic and foundation federal public administration, as well as by collegial bodies through the body or entity responsible for providing them with administrative support, must be preceded by a Regulatory Impact Analysis (RIA).

5. However,
   as provided in art. 4º, item II, of this Decree, the obligation to prepare an RIA may be waived for a normative act that aims to regulate rights or obligations defined in a hierarchically superior norm that does not allow, technically or legally, different regulatory alternatives. Thus, in light of this provision, the instruction normative now proposed is exempt from the preparation of an RIA.

For your consideration.

MARIA CAMILA BAIGORRI
Head of Subunit

Agreed.

UVERLAN RODRIGUES PRIMO
Deputy Head of Department