RegAlert2021-10-13 | Instrução Normativa BCB 173Added · Updated
Normative Instruction BCB No. 173 of October 13, 2021
This instruction amends the text of Circular Letters 3,850, 3,852, and 3,853 of December 19, 2017, to update accounting items used in calculating the Simplified Reference Equity (PRS5) and risk-weighted assets (RWAS5). The amendments specify deductions for tax credits and provisions related to the Credit Stimulation Program (PEC), foreign currency holdings, and various emergency credit programs including Pronampe, Peac-FGI, Pese, and Peac-Maquininhas. These changes apply to financial institutions subject to the simplified approach for calculating capital requirements and risk-weighted assets. The instruction enters into force on November 1, 2021.
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Circular Letter Credit
NORMATIVE INSTRUCTION BCB NO. 173, OF OCTOBER 13, 2021
Amends the text of Circular Letters Nos. 3,850, 3,852, and 3,853, both of December 19, 2017, which detail accounting items to be used in the calculation of the Simplified Reference Equity (PRS5) and to be used in the calculation of risk-weighted asset portions in the simplified form (RWAS5) regarding exposure to gold, foreign currency, and assets subject to exchange rate variation through the simplified standardized approach (RWACAMSimp) and exposures to credit risk subject to the calculation of the minimum capital requirement through the simplified standardized approach (RWARCSimp), respectively.
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This document amends: Circular Letter No. 3850 — Details Accounting Items for Calculating the Simplified Reference Equity (PRS5), Circular Letter No. 3852 — Details accounting items for calculating the simplified risk-weighted assets (RWAS5) portion for gold, foreign currency, and exchange rate exposure, Circular Letter No. 3853 — Details Accounting Items for Calculating the Risk-Weighted Assets Component (RWAS5) for Credit Risk Exposures under the Simplified Standardized Approach
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
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