Normative Instruction BCB No. 325 of November 21, 2022: Creates and Amends Accounting Items in the Chart of Accounts of the Accounting Standard for Institutions Regulated by the Central Bank of Brazil (Cosif)

This instruction amends the Cosif chart of accounts to create specific sub-accounts for sustainability-related assets, including Carbon Credits and CBIO certificates, categorizing them under Non-Financial Assets and Inventory, and establishes a provision for contingencies related to sustainability obligations. It mandates that financial institutions reclassify existing sustainability asset balances into these new accounts starting from the January 2023 reporting base. The regulation applies to accounting documents prepared from January 2023 and enters into force on January 1, 2023.

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Resolution No. 222

NORMATIVE INSTRUCTION BCB NO. 325, OF NOVEMBER 21, 2022

Creates and amends accounting items in the chart of accounts of the Accounting Standard for Institutions Regulated by the Central Bank of Brazil (Cosif).

The Head of the Financial System Regulation Department (Denor), 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 12 of CMN Resolution No. 4,858, of October 23, 2020, and Article 10 of BCB Resolution No. 92, of May 6, 2021,

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Lineage: In force

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This document amends: Normative Instruction BCB No. 268 — Defines the accounting items of the Realizable Asset group of the account list of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif), Normative Instruction BCB No. 271 — Defines the accounting items of the Mandatory Liabilities group of the account list of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif)

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