RegAlert2025-06-13 | Instrução Normativa BCB 638Added
Instruction Normative BCB No. 638 — Amends Instruction Normative BCB No. 479 of June 12, 2024, which details the composition of the Business Indicator (BI)
Instruction Normative BCB No. 638 amends Article 2 of Instruction Normative BCB No. 479 to explicitly require that institutions subject to the RWASP calculation and issuing electronic money (MOE) exclude from the calculation of interest and leasing revenue (II) and interest-generating assets (IEA) the income and balances of federal public securities, committed operations, and cash allocated to the Electronic Money Correspondent Account (CCME). This exclusion applies to resources held to comply with Article 22 of Resolution BCB No. 80 of March 25, 2021, specifically addressing the remuneration of the CCME balance based on the Selic rate. The amendment ensures that these specific electronic money-related assets and their returns are not considered in the Business Indicator calculation. The regulation entered into force on the date of its publication.
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INSTRUCTION NORMATIVE NO. 638, OF JUNE 13, 2025
Amends Instruction Normative BCB No. 479, of June 12, 2024, which details the composition of the Business Indicator (BI).
The Head of the Department of Prudential and Exchange Regulation (Dereg), in the exercise of the powers conferred upon him by art. 23, item I, letter “a”; and art. 119, 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 having in view the provisions of Resolution BCB No. 356, of November 28, 2023,
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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