Regulatory Alerts2008-06-11 | CD-SIBOIF-537-1-JUN11-2008Added · Updated
Norm on Bank Bonds
This resolution authorizes the Superintendent of Banks to establish specific accounting regimes regarding investment accounting, liquidity matching, and interest rate risk for entities holding bank bonds resulting from bank intervention and liquidation processes. Holding entities are required to submit reports to the Superintendent detailing necessary actions to correct any potential mismatches. The Superintendent must report all measures adopted under this norm to the Board of Directors, with records kept in the respective meeting minutes. The norm becomes effective upon notification, regardless of its publication in the Official Gazette.
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