RegAlert2022-03-30 | Instrução Normativa BCB 257Added
Normative Instruction BCB No. 257 of March 30, 2022
This instruction revokes Circular Letter No. 3,695 of February 12, 2015, and establishes the specific information required in the report regarding the Internal Market Risk Model. Financial institutions seeking authorization to use internal models for calculating the daily value of the RWAMINT portion of risk-weighted assets must submit a detailed report covering scope, administrative structure, VaR models, stress testing, backtesting, limits, technology, and validation. The report must be delivered in password-protected digital media and a printed copy to the Banking Supervision Department, with the instruction entering into force on the date of publication.
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CIRCULAR NO.
NORMATIVE INSTRUCTION BCB NO. 257, OF MARCH 30, 2022
Provides for the information that must be included in the report referred to in Circular No. 3,646, of March 4, 2013.
The Heads of the Strategic Management and Specialized Supervision Department (Degef) and the Banking Supervision Department (Desup), using the authority granted to them by art. 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,
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Lineage: In force
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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