Normative Instruction BCB No. 233 of January 28, 2022

NORMATIVE INSTRUCTION BCB NO. 233, OF JANUARY 28, 2022

Amends the Filling Instructions and the Layout of document code 2061 - Demonstrativo de Limites Operacionais (DLO), governed by Normative Instruction BCB No. 81, of February 23, 2021.

The Head of the Financial System Monitoring Department (Desig), using the authority conferred 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 considering the provisions of CMN Resolutions Nos. 4,955, 4,957, and 4,958, all of October 21, 2021, and BCB Resolutions Nos. 48, of December 10, 2020, and 69, of February 10, 2021,

R E S O L V E:

Article 1. The new versions of the Filling Instructions and the layout of document code 2061 - Demonstrativo de Limites Operacionais (DLO) shall enter into force, starting from the data base of February 2022, available on the Central Bank of Brazil’s website at the electronic address https://www.bcb.gov.br/estabilidadefinanceira/leiautedocumentoscrd, with the following modifications:

I - in the Filling Instructions:

a) in Table 003 – Accounts:

1. alteration of the description of the function of account 193; and

2. alteration of the normative citation in account 610.02.

b) in Table 006 – Parameter Code: exclusion of code 21.

c) exclusion of Table 19 - Methodology for calculating capital to cover interest rate risk in the banking book.

II - in the Layout:

a) in Table 006 – Parameter Code: exclusion of code 21.

b) exclusion of Table 19 - Methodology for calculating capital to cover interest rate risk in the banking book.

Article 2. This Normative Instruction enters into force on February 1, 2022.

Gilneu Francisco Astolfi Vivan

NOTE

The Demonstrativo de Limites Operacionais (DLO), document code 2061, whose normative basis is BCB Resolution No. 69, of February 10, 2021, reflects the prudential regulation provided for in several Resolutions issued by the National Monetary Council (CMN) and the Central Bank of Brazil (BCB), and Normative Instruction BCB (IN BCB) No. 81, of February 23, 2021, aims to present, in a synthetic manner, the information regarding the details of the calculation of the limits monitored by the BCB, at the data base of assessment.

2. For each limit, the document contains two sets of information: i) assessment of the institution's situation; and ii) assessment of the regulatory requirement and the margin (or deficiency) of the institution relative to the considered limit. Document 2061 is composed of various accounts that must be filled in by financial institutions and other institutions authorized to operate by the Central Bank of Brazil (IFs).

3. This IN BCB aims to promote the following adjustments in the layout and filling instructions of the document: i) alteration of the description of the function of an account; ii) alteration of the normative citation in an account; iii) exclusion of a code; and iv) exclusion of a table.

4. It is necessary to cite that the adjustments being made aim to better clarify the information that must be reported and relieve supervised entities (ESs) subject to the DLO from submitting information regarding exposures subject to interest rate variation for operations not classified in the non-trading book (Rban), since BCB Resolution No. 48, of December 10, 2020, revoked Circular No. 3,365, of September 12, 2007, starting from January 1, 2022.

5. These changes represent a simplification of the document and will have a very low impact on the document as a whole, in addition to reducing requirements, obligations, and requests with the objective of lowering regulatory costs for both ESs and the Central Bank of Brazil.

6. Thus, considering the provisions of Decree No. 10,411, of June 30, 2020, regarding regulatory impact analysis (AIR) and the hypotheses for exemption from conducting this analysis, I understand that the present IN BCB is exempt from conducting an AIR as it falls under the hypotheses provided for in items III and VII of Article 4 of said Decree.

7. Finally, so that the aforementioned exclusion of information may take effect starting from the data base of February 2022, avoiding the need to send unnecessary information, we propose that the present IN BCB enters into force on February 1, 2022, in accordance with the provisions of Article 4 of Decree No. 10,139, of November 28, 2019.

Gilneu Francisco Astolfi Vivan
Head of the Financial System Monitoring Department (Desig)