Instruction Normative BCB No. 753 — Amends Instruction Normative BCB No. 210 of December 21, 2021, Regarding Prudential Conglomerate Financial Reporting

The Head of the Department of Financial System Monitoring, in the exercise of the authority conferred by Article 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 Article 85, item I, letter "b", of said Regulations, and considering the provisions of CMN Resolutions Nos. 4,911 of May 27, 2021, 4,924 of June 24, 2021, and 4,950 of September 30, 2021, and BCB Resolutions Nos. 120 of July 27, 2021, 146 of September 28, 2021, and 168 of December 1, 2021,

RESOLVES:

Art. 1º Instruction Normative BCB No. 210 of December 21, 2021, published in the Official Gazette of the Union on 12/22/2021, Section 1, p. 242, shall be amended as follows:

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IV - individual accounting position of each of the entities listed in Article 2, item II, letters "c" through "f", of CMN Resolution No. 4,950 of 2021, and in Article 2, item II, letters "c" through "f", of BCB Resolution No. 168 of 2021, of consortium administrators, and of payment institutions authorized by the Central Bank of Brazil;

V - accounting position of the prudential conglomerate, including, in addition to consolidated balances, aggregated balances and the respective accounting adjustments and eliminations related to the positions provided for in items III and IV of the caput; and

VI - accounting position of the prudential subconglomerate, as addressed in Articles 13-A and 13-B of CMN Resolution No. 4,950 of 2021, and Articles 14-A and 14-B of BCB Resolution No. 168 of 2021.

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§ 3º The information regarding the accounting position referred to in item VI must be provided by conglomerates that calculate on a subconsolidated basis, in accordance with the current prudential regulation.” (NR)

Art. 2º The new version of the layout and filling instructions for documents with codes 4060 - Analytical Balance Sheet - Prudential Conglomerate and 4066 - Analytical Balance Sheet - Prudential Conglomerate, available on the Central Bank of Brazil's website at the electronic address https://www.bcb.gov.br/estabilidadefinanceira/leiautedocumentoscrd, shall enter into force starting from the July 2026 reporting base, with the inclusion of data block 8 - Prudential Subconglomerate.

Art. 3º This Instruction Normative enters into force on the date of its publication.

ANDRÉ MAURÍCIO TRINDADE DA ROCHA

NOTE

1. The accounting documents with codes 4060 - Analytical Balance Sheet - Prudential Conglomerate and 4066 - Analytical Balance Sheet - Prudential Conglomerate, created based on CMN Resolution No. 4,911 of May 27, 2021, and BCB Resolution No. 146 of September 28, 2021, whose submission procedures are governed by Instruction Normative BCB No. 210 of December 21, 2021, are prepared by financial institutions and other institutions authorized to operate by the Central Bank of Brazil belonging to a prudential conglomerate and must be submitted by the lead institution of each of these conglomerates to this Autarchy in accordance with the Accounting Standard of Institutions Regulated by the Central Bank of Brazil – Cosif.

2. CMN Resolution No. 5,221 of May 30, 2025, and BCB Resolution No. 483 of June 11, 2025, amended, respectively, CMN Resolutions Nos. 4,911 of May 27, 2021, and 4,950 of September 30, 2021, and BCB Resolutions Nos. 146 of September 28, 2021, and 168 of December 1, 2021, including a chapter relating to the prudential subconglomerate, which is formed by the lead institution of the conglomerate and by the other entities comprising the conglomerate that are constituted in the country and do not have any current or anticipated impediment to the timely transfer of resources to the other entities of the subconglomerate, as well as establishing that institutions that, according to current regulation, opt to calculate the leverage ratio on a subconsolidated basis must prepare and submit to the Central Bank of Brazil the Analytical Balance Sheet – Prudential Subconglomerate, on a monthly basis, and the Balance Sheet – Prudential Subconglomerate, on a semi-annual basis, for the reporting dates of June 30 and December 31. In light of this and after internal discussions, it was decided to promote changes in the documents cited in the first paragraph to incorporate, into them, the accounting information relating to the prudential subconglomerate.

3. This Instruction Normative aims to amend Instruction Normative BCB No. 210 of 2021, the layout and Filling Instructions for documents with codes 4060 and 4066, to include information relating to the prudential subconglomerate in the list of information to be provided.

4. Decree No. 10,411 of June 30, 2020, regulates the conduct of regulatory impact analysis – AIR as a prerequisite for the issuance of normative acts of general interest to economic agents. However, in its Article 4, said decree establishes the hypotheses for exemption from conducting AIR. This BCB IN falls under the hypotheses 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, and in letter "b" of item V, namely: V - normative act aimed at preserving liquidity, solvency, or soundness: b) of the financial, capital, and foreign exchange markets.

5. As clarified in paragraph 2, in light of the changes promoted by CMN Resolution No. 5,221, and BCB Resolution No. 483, both of 2025, it is necessary to promote adjustments in documents with codes 4060 - Analytical Balance Sheet - Prudential Conglomerate and 4066 - Analytical Balance Sheet - Prudential Conglomerate, to include information relating to the prudential subconglomerate, thereby complying with what was established in those Resolutions, which justifies the classification of this Instruction Normative under the exemption provided for in item II of Article 4 of Decree No. 10,411 of 2020. In addition, the alteration now proposed aims to allow monitoring of the prudential subconglomerate, as well as the institutions that comprise it, thereby justifying the classification of this normative act under letter "b" of item V of said Decree.

6. Thus, based on the provisions of paragraphs 4 and 5, I understand that the issuance of this BCB IN is exempt from conducting AIR.

ANDRÉ MAURÍCIO TRINDADE DA ROCHA

Head of the Monitoring Department