Instruction Normative BCB No. 623 of May 21, 2025

Resolution No. 222

INSTRUCTION NORMATIVE
BCB NO. 623, OF MAY 21, 2025

Amends
Instruction Normative No. 330, of November 24, 2022, which consolidates the procedures for the registration of cadastral information in the System of Information on Entities of Interest to the Central Bank – Unicad, as provided for in Resolution BCB No. 209, of March 22, 2022.

The Head of the Department of Monitoring of the Financial System – Desig, in the use of the attribution conferred upon him by art. 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 art. 85, item I, letter “b”, of the referenced Regulations, in view of the provisions in Resolution CMN No. 4,072, of April 26 2012, and in Resolutions BCB Nos. 3, of August 12, 2020, and 209, of March 22, 2022,

R E S O L V E :

Art. 1º Instruction Normative BCB No. 330, of November 24, 2022, published in the Official Gazette of the Union, of November 25, 2022, in Section 1, p. 223, shall be effective with the following alterations:

“Section
IXOf the registration of dependencies

Art. 10-D. For the purpose of compliance with the provisions of art. 14, item II of Resolution CMN No. 4,072, of April 26, 2012, and art. 5º of Resolution BCB No. 3, of August 12, 2020, the following information regarding dependencies must be registered in Unicad, in the “Installations” module, option “Inclusion”:

I - identification; and

II - location.” (NR)

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

ANDRÉ MAURÍCIO TRINDADE DA
ROCHA

NOTE

The System of Information on Entities of Interest to the Central Bank - Unicad, as provided for in the Resolution BCB No. 209, of March 22, 2022, was established with the objective of maintaining, in a single database, cadastral information on the financial institutions, other institutions authorized to operate and of natural and legal persons who are subject to some type of authorization or registration by the Central Bank of Brazil, or who are of interest to this Autarchy.

2. Resolution
   CMN No. 5,026, of April 28, 2025, amended Resolution CMN No. 4,072, of April 26 2012, and Resolution BCB No. 466, of April 30, 2025, amended Resolution No. 3, of August 12 2020, establishing that institutions must send to the Central Bank of Brazil the information on the installation and the location of their dependencies.

Given this, it is necessary to amend Instruction Normative BCB No. 330, of November 24, 2022, establishing the procedures for the registration of dependencies, which shall be done in the System of Information on Entities of Interest to the Central Bank – Unicad, as provided for in Resolution BCB No. 209, of March 22, 2022.

The Decree No. 10,411, of June 30, 2020, regulates the conduct of regulatory impact analysis – AIR as a prerequisite to the issuance of normative acts of general interest to economic agents. However, in its art. 4º, the aforementioned Decree establishes the hypotheses of exemption from conducting AIR. This Instruction Normative falls under the hypothesis provided for in item II

• normative act intended to regulate rights or obligations defined in
  a hierarchically superior norm that does not allow, technically or legally, different regulatory alternatives.

With the publication of the Resolutions cited in paragraph 2, no alternative remained other than to amend Instruction Normative No. 330, of November 24, 2022, which establishes the procedures for registration in Unicad of cadastral information of financial institutions and other institutions authorized to operate by the Central Bank of Brazil, to include the procedures for the registration of dependencies, which justifies the classification of this normative act under the hypothesis provided for in item II of art. 4º of Decree No. 10,411, of 2020.

Thus, based on the provisions of paragraphs 4 and 5, I understand that the issuance of this Instruction Normative is exempt from conducting regulatory impact analysis.

ANDRÉ
MAURÍCIO TRINDADE DA ROCHA
Head of the Department of
Financial System Monitoring