Normative Instruction BCB No. 304 of September 14, 2022

NORMATIVE INSTRUCTION BCB NO. 304, OF SEPTEMBER 14, 2022

Amends the Filling Instructions and the Layout of the document with code 2030 - Social, Environmental, and Climate Risk Document (DRSAC), as provided for in Normative Instruction BCB No. 222, of December 28, 2021.

The Head of the Financial System Monitoring Department (Desig), 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 the aforementioned Regulations, and in view of the provisions of Resolution BCB No. 151, of October 6, 2021, and Normative Instruction BCB No. 222, of December 28, 2021,

RESOLVES:

Art. 1º New versions of the Filling Instructions and the Layout of the document with code 2030 - Social, Environmental, and Climate Risk Document (DRSAC) shall enter into force, available on the Central Bank of Brazil’s internet page, at the electronic address https://www.bcb.gov.br/estabilidadefinanceira/leiautedocumentoscrd, with the following modifications:

I - in the Filling Instructions:

a) in chapter 1 - Objective: wording adjustments to clarify the first registration of exemption from submitting the document;

b) in chapter 2 – General Definitions: exclusion of item 9 - Aggregated exposure (from the customer);

c) in chapter 5 - General guidelines on the XML file, item 11: wording adjustments to exclude aggregated exposure;

II - in the Layout:

a) in the Layout tab, in the columns “Tag/Attribute” and “Attributes containing”:

1. in lines 44, 45, 47, 48, 50, 53, and 54: change of the attribute names “det” and “sit” to “tipo”;

2. in line 63: change of the attribute name “sit” to “exist”.

Art. 2º The document 2030 was included on the Central Bank of Brazil’s internet page, at the electronic address https://www.bcb.gov.br/estabilidadefinanceira/leiautedocumentoscrd, the XSD (XML Schema Document) file for validation of the DRSAC XML file;

Art. 3º This Normative Instruction enters into force on October 1, 2022.

Gilneu Francisco Astolfi Vivan

NOTE

Resolution CMN No. 4.945, of September 15, 2021, instituted the Social, Environmental, and Climate Responsibility Policy (PRSAC), under which institutions must assess and control social, environmental, and climate risks. These risks are also assessed within the integrated risk management structure (GIR), provided for in Resolution No. 4.557, of February 23, 2017. Based on these regulations, the Central Bank of Brazil published Resolution BCB No. 151, on October 6, 2021, establishing that financial institutions and other institutions authorized to operate by the Central Bank of Brazil classified in Segment 1 (S1), Segment 2 (S2), Segment 3 (S3), or Segment 4 (S4) must send information to this Autarchy regarding the assessment of social, environmental, and climate risks of their exposures in credit operations and securities, and of their respective debtors. On December 28, 2021, Normative Instruction BCB No. 222 was published, establishing the procedures for sending information regarding social, environmental, and climate risks of exposures in credit operations and securities, through the document with code 2030 - Social, Environmental, and Climate Risk Document (DRSAC), at which time the DRSAC Filling Instructions and the DRSAC Layout were made available.

2. This IN BCB clarifies changes made to the DRSAC filling instructions and layout to improve guidelines on the registration of exemption from submission, eliminate redundant attributes, adjust attribute names (tags), and informs about the availability of an XSD (XML Schema Document) file to be used for validating the DRSAC XML file (eXtensible Markup Language). The adjustments implemented here are specific and do not bring any innovation regarding the procedures currently required.

3. Decree No. 10.411, of June 30, 2020, regulates the conduct 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 conducting AIR. This IN BCB falls under the hypothesis provided for in item III, namely, a normative act considered to have low impact. Thus, based on item III of Article 4 of Decree No. 10.411, of 2020, it is understood that the issuance of this IN BCB is exempt from conducting AIR.

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