RegAlert2025-12-08 | Instrução Normativa BCB 686Added
Instruction Normative BCB No. 686 — Discloses the Models for the Internal Capital Adequacy Assessment Process (ICAAP) and Simplified Internal Capital Adequacy Assessment Process (ICAAPSimp) Reports
Instruction Normative BCB No. 686 discloses the report models for the Internal Capital Adequacy Assessment Process (ICAAP) and the Simplified Internal Capital Adequacy Assessment Process (ICAAPSimp), replacing Instruction Normative BCB No. 322. It mandates that financial institutions prepare and submit these reports according to the timelines and content requirements specified in Circular No. 3,846 of 2017 and the attached annex. The document details specific governance, risk management, capital planning, and stress testing information required for ICAAP, while granting exemptions from certain governance and risk aggregation sections for institutions subject to ICAAPSimp.
BCB published 15 documents in the last 30 days — get each new one by email the day it lands.
INSTRUCTION NORMATIVE BCB NO. 686, OF DECEMBER 8, 2025
Discloses the models for the reports of the Internal Capital Adequacy Assessment Process (ICAAP) and the Simplified Internal Capital Adequacy Assessment Process (ICAAPSimp), as provided for in Circular No. 3,846, of September 13, 2017.
The Chief of the Strategic Management and Specialized Supervision Department - Degef, substitute, the Chief of the Banking Supervision Department - Desup, and the Chief of the Cooperatives and Non-Bank Institutions Supervision Department - Desuc, in the exercise of the authority conferred upon them 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 arts. 82, item III, letter “b”, 88, item I, and 91, item I, letter “a” of said Regulations, and considering the provisions of Resolutions Nos. 4,553, of January 30, 2017, and 4,557, of February 23, 2017, Resolution CMN No. 5,223, of May 30, 2025, Circular No. 3,846, of September 13, 2017, and BCB Resolutions Nos. 265, of November 25, 2022, 436, of November 28, 2024, and 527, of December 3, 2025,
Read the rest free, and get an email when BCB publishes again
Lineage: Amended
Show all related documents (13)
- Supersedes
- Instruction No. 322 dated 2022-11-11not in RegAlert
- Amended by
- Central Bank of Brazil Instruction Normative No. 731 of April 30, 20262026
- Issued under
- BCB Resolution No. 527 on the Submission of Quantitative Information Regarding ICAAP, ICAAPSimp, and Stress Tests2025Resolution BCB No. 436 — Classification of Single Institutions and Prudential Conglomerates into Type 1, Type 2, or Type 3 and Segmentation of Type 3 Institutions and Conglomerates2024Resolution BCB No. 265 — Risk Management Structure, Capital Management Structure, and Information Disclosure Policy for Type 3 Institutions in Segments 2, 3, or 42022CMN Resolution No. 4,943 of September 15, 20212021Circular No. 3846 — Establishes Procedures and Parameters for the Internal Capital Adequacy Assessment Process (ICAAP)2017Resolution CMN No. 4557 — Establishes the Risk Management Structure and Capital Management Structure2017
+1 more
Resolution No. 340 dated 2023-09-21not in RegAlert - Refers to
- Normative Instruction BCB No. 685 of December 5, 20252025CMN Resolution No. 5223 — Minimum Leverage Ratio Requirement and Compliance Conditions2025CMN Resolution No. 4,968 — Governs Internal Control Systems of Financial Institutions and Other Entities Authorized by the Central Bank of Brazil2021CMN Resolution No. 4553 — Establishes Segmentation of Financial Institutions for Proportional Prudential Regulation2017
Timeline
Amended 1 time · last 2026-04-30
- 2026-04-30
BCBCentral Bank of Brazil Instruction Normative No. 731 of April 30, 2026amends
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
More like this from BCB
BCB published 15 documents in the last 30 days. We email you each new one the day it's published.