Normative Instruction BCB No. 210 — Amends and Consolidates Procedures for Submitting the Analytical Balance Sheet and Analytical Balance Sheet of the Prudential Conglomerate and Registration Procedures for Institutions Not Part of a Prudential Conglomerate

INSTRUÇÃO NORMATIVA BCB Nº 210, DE 21 DE DEZEMBRO DE 2021

Amends and consolidates the procedures for submitting the Analytical Balance Sheet and the Analytical Balance Sheet of the Prudential Conglomerate and the registration procedures for institutions that do not integrate a prudential conglomerate.

The Head of the Financial System Monitoring Department (Desig), acting in a substitute capacity, using the authority granted by Article 23, item I, letter “a” of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84,287, of February 27, 2015, based on Article 77, item III of said Regulations, and in view of 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,

R E S O L V E
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Art. 1º Financial institutions and other institutions authorized to operate by the Central Bank of Brazil must submit the Analytical Balance Sheet of the Prudential Conglomerate and the Analytical Balance Sheet of the Prudential Conglomerate, as provided for in CMN Resolution No. 4,911, of May 27, 2021, and BCB Resolution No. 146, of September 28, 2021, through the following documents, in accordance with the Annex to this Normative Instruction:

I - document code 4060 - Analytical Balance Sheet - Prudential Conglomerate; and

II - document code 4066 - Analytical Balance Sheet - Prudential Conglomerate.

§ 1º The document referred to in item I of the caput must be submitted monthly, until the last business day of the month following the respective data-base date.

§ 2º The document referred to in item II of the caput must be submitted semiannually, relating to the data-base dates of June and December, until the last business day of the month following the respective data-base date.

§ 3º The information necessary for the preparation of the documents indicated in this article is available on the Central Bank of Brazil’s website, at the electronic address https://www.bcb.gov.br/estabilidadefinanceira/leiautedocumentoscrd.

§ 4º The preparation of the documents referred to in this article must be carried out observing the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif) defined in BCB Normative Instructions Nos. 426, 427, 428, 429, 430, 431, 432, and 433, all of December 1, 2023. (Added, effective 1/1/2025, by BCB Normative Instruction No. 473, of 5/23/2024.)

Art. 2º As provided in Article 4 of Resolution No. 4,950, September 30, 2021, and Article 5 of BCB Resolution No. 168, December 1, 2021, documents code 4060 and 4066 must be submitted by the lead institution of each prudential conglomerate, on a consolidated basis, in accordance with the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif).

Art. 3º Financial institutions and other institutions authorized to operate by the Central Bank of Brazil that are not part of a prudential conglomerate must, monthly, register this information in the “Documents - Waiver - Include Waiver” option of the Document Submission Control System (CRD), available for access on the Central Bank of Brazil’s website, at the electronic address https://www3.bcb.gov.br/crd.

Sole Paragraph. The absence of the registration referred to in the caput presupposes the existence of a prudential conglomerate and, consequently, the need to submit documents 4060 and 4066 within the timeframes and conditions provided in this Normative Instruction.

Art. 4º Documents 4060 and 4066 must be prepared in accordance with the provisions established by CMN Resolution No. 4,950, 2021, and BCB Resolution No. 168, 2021, containing the following information:

I - accounting position in the country, including the consolidated balances of the institutions listed in Article 2, items I and II, letters “a” and “b”, of CMN Resolution No. 4,950, 2021, and Article 2, items I and II, letters “a” and “b”, of BCB Resolution No. 168, 2021;

II - accounting position abroad of entities maintained by the institutions listed in Article 2, items I and II, letters “a” and “b”, of CMN Resolution No. 4,950, 2021, and Article 2, items I and II, letters “a” and “b”, of BCB Resolution No. 168, 2021, including:

a) individual balance sheets of dependencies and corporate participations abroad; and (Revised, effective 1/1/2023, by BCB Normative Instruction No. 321, of 11/10/2022.)

a) individual balance sheets of dependencies abroad and participations in entities abroad that are part of the prudential conglomerate; and (Revised, effective 1/1/2023, by BCB Normative Instruction No. 321, of 11/10/2022.)

b) consolidated balances of dependencies and corporate participations abroad; and (Revised, effective 1/1/2023, by BCB Normative Instruction No. 321, of 11/10/2022.)

b) consolidated balances of dependencies abroad and participations in entities abroad that are part of the prudential conglomerate; (Revised, effective 1/1/2023, by BCB Normative Instruction No. 321, of 11/10/2022.)

III - accounting position in the country and abroad;

IV - individual accounting position of each of the entities listed in Article 2, item II, letters “c” to “f”, of CMN Resolution No. 4,950, 2021, and Article 2, item II, letters “c” to “f”, of BCB Resolution No. 168, 2021, of consortium administrators and payment institutions authorized by the Central Bank of Brazil; and (Revised by BCB Normative Instruction No. 753, of 7/1/2026.)

IV - individual accounting position of each of the entities listed in Article 2, item II, letters “c” to “f”, of CMN Resolution No. 4,950, 2021, and Article 2, item II, letters “c” to “f”, of BCB Resolution No. 168, 2021, of consortium administrators and payment institutions authorized by the Central Bank of Brazil; (Revised by BCB Normative Instruction No. 753, of 7/1/2026.)

V - accounting position of the prudential conglomerate including, in addition to consolidated balances, aggregated balances and respective adjustments and accounting eliminations related to the positions provided for in items III and IV of the caput; and (Revised by BCB Normative Instruction No. 753, of 7/1/2026.)

V - accounting position of the prudential conglomerate including, in addition to consolidated balances, aggregated balances and respective adjustments and accounting eliminations related to the positions provided for in items III and IV of the caput; and (Revised by BCB Normative Instruction No. 753, of 7/1/2026.)

VI - accounting position of the sub-prudential conglomerate, as provided for in Articles 13-A and 13-B of CMN Resolution No. 4,950, 2021, and Articles 14-A and 14-B of BCB Resolution No. 168, 2021. (Added by BCB Normative Instruction No. 753, of 7/1/2026.)

§ 1º For each dependency abroad and participation in an entity abroad referred to in item II, letter “a” of the caput, the functional currency of the investment must be reported, as provided for in Articles 7 to 9 of CMN Resolution 4,817, of May 29, 2020, and Articles 7 to 9 of BCB Resolution No. 33, of October 29, 2020. (Added, effective 1/1/2023, by BCB Normative Instruction No. 321, of 11/10/2022.)

§ 2º The institution referred to in the caput of Article 1 that uses transaction or statement conversion, in accordance with CMN Resolution No. 4,924, of June 24, 2021, and BCB Resolution No. 120, of July 27, 2021, must report the rate used for transaction or statement conversion, considering the parity of the Real in relation to the US dollar, through concepts and techniques of parity between currencies. (Added, effective 1/1/2023, by BCB Normative Instruction No. 321, of 11/10/2022.)

§ 3º Information regarding the accounting position referred to in item VI must be provided by conglomerates that calculate on sub-consolidated bases, in accordance with the current prudential regulation. (Added by BCB Normative Instruction No. 753, of 7/1/2026.)

Art. 5º The employee technically responsible for Cosif at the institutions mentioned in Article 1 must be qualified to answer any questions regarding the information provided in accordance with this Normative Instruction.

Art. 6º The indications of the responsible director, referred to in Article 5 of CMN Resolution No. 4,911, 2021, and the technical responsible person, mentioned in Article 5 of this Normative Instruction, must be registered and kept updated in the Information System on Entities of Interest to the Central Bank (Unicad).

Art. 7º The following are revoked:

I - Circular Letter No. 3,651, of April 25, 2014;

II - Circular Letter No. 3,758, of February 29, 2016; and

III - Circular Letter No. 3,885, of June 11, 2018.

Art. 8º This Normative Instruction enters into force:

I - on January 1, 2023, regarding Article 4, item II, letter “a”, and §§ 1 and 2; (Revised, effective 1/1/2023, by BCB Normative Instruction No. 321, of 11/10/2022.)

II - on January 1, 2022, regarding the remaining provisions.

André Luiz
Caccavo Miguel

Annex to BCB Normative Instruction No. 210, of December 21, 2021

Document codes and names: 4060 - Analytical Balance Sheet - Prudential Conglomerate;

4066 - Analytical Balance Sheet - Prudential Conglomerate.

Submission system: Sisbacen.

Data-base: 4060 - last business day of each month;

4066 - last business day of the months of June and December.

Submission frequency: 4060 - monthly;

4066 - semiannually.

Deadline for submission: until the last business day of the month following the respective data-base date.

Unit responsible for curation: Desig.

Submission method: electronic means.

Submission system: File Transfer System (STA), as regulated and made available on this Agency’s website, at the address https://www.bcb.gov.br/acessoinformacao/sistematransferenciaarquivos.

Submission format: XML (eXtensible Markup Language).

Submission validation: advance.

Submission validation scheme: XSD (XML Schema Definition).

Additional elements for submission: layout, in XML format; models, in Excel format; XSD validation schemes; example files; validator program; and filling instructions, available on the Central Bank of Brazil’s website, at the address https://www.bcb.gov.br/estabilidadefinanceira/leiautedocumentoscrd.

Director responsible for submission: Director responsible for accounting.

Registration of the director responsible for submission: in the “Links - Inclusion - Director Responsible for Area of Activity” module of Unicad.

Employee designated to answer questions: designated in accordance with Article 5 of this Normative Instruction.

Registration of the employee designated to answer questions: in the “Links - Inclusion - Internal Audit / Ombudsman / Resp. for Information Submission” module of Unicad.

Electronic address for resolving questions about submission and document completion: cosif@bcb.gov.br.

NOTE

Decree No. 10,139, of November 28, 2019, establishes the obligation for federal direct, autarchic, and foundational administrative agencies to review and consolidate normative acts issued within the scope of their respective competencies. This measure aims to review, update, simplify, and consolidate normative acts, in order to rationalize the regulatory stock. Based on the cited decree, the present BCB Normative Instruction (IN BCB) is being issued with the intent to regulate in a single normative act the procedures for submitting documents code 4060 - Analytical Balance Sheet - Prudential Conglomerate and 4066 - Analytical Balance Sheet - Prudential Conglomerate, whose preparation and submission to this Central Bank is provided for in CMN Resolution No. 4,911, of May 27, 2021, and BCB Resolution No. 146, of September 28, 2021. With the issuance of this IN BCB, Circular Letters Nos. 3,651, of April 25, 2014, 3,758, of February 29, 2016, and 3,885, of June 11, 2018, which regulated the subject matter, are being revoked.

2. Decree No. 10,411, of June 30, 2020, regulates the carrying out of regulatory impact analysis (AIR) as a prerequisite for the issuance of normative acts. However, in its Article 4, the aforementioned decree establishes the hypotheses for exemption from carrying out AIR. The present IN BCB falls under two of these hypotheses, namely: items 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 IV - normative act intended to update or revoke norms considered obsolete, without alteration of merit. Thus, based on items II and IV of Article 4 of Decree No. 10,411, of 2020, it is understood that the issuance of the present IN BCB exempts the carrying out of AIR.

André Luiz
Caccavo Miguel
Head of the Financial System Monitoring Department (Desig), acting in a substitute capacity