Normative Instruction BCB No. 343 — Creates and Amends Accounting Line Items of the Chart of Accounts of the Accounting Standard for Institutions Regulated by the Central Bank of Brazil (Cosif)

INSTRUÇÃO NORMATIVA BCB Nº 343, DE 13 DE JANEIRO DE 2023

Creates and amends accounting line items of 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 conferred 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, based on Arts. 12 of CMN Resolution No. 4,858, of October 23, 2020, and 10 of BCB Resolution No. 92, of May 6, 2021,

R E S O L V E S:

Art. 1º This Normative Instruction creates and amends accounting line items of the chart of accounts of the Accounting Standard for Institutions Regulated by the Central Bank of Brazil (Cosif), for use by financial institutions and other institutions authorized to operate by the Central Bank of Brazil.

Art. 2º Normative Instruction BCB No. 268, of April 1, 2022, shall enter into force with the following alterations:

“Art. 24. ............................................................................................................

.........................................................................................................................

V - 1.4.1.50.00-1 PAYMENT TRANSACTIONS, with attributes UBDIFJASERLMNYZ, whose function is to record, at the net value of any possible losses, the amounts that acquirers, sub-acquirers, and institutions authorized to operate by the Central Bank of Brazil that provide acquiring and sub-acquiring services have to receive from financial institutions, other institutions authorized to operate by the Central Bank of Brazil, and payment institutions participating in a payment scheme; and

.........................................................................................................................

Sole Paragraph. ..............................................................................................

.........................................................................................................................

III - 1.4.1.30.00-7 CHECKS AND OTHER REMITTED PAPERS, all with attributes UBERLMYZ:

.........................................................................................................................

b) 1.4.1.30.90-4 Other Clearing Systems, which is intended for the recording of checks and other papers remitted to other systems, for which there is no specific account;

IV - 1.4.1.40.00-4 RECEIPTS OF DOCUMENTS SENT BY OTHER SYSTEM PARTICIPANTS, all with attributes UBERLMYZ:

.........................................................................................................................

b) 1.4.1.40.90-1 Other Clearing Systems, which is intended for the recording of receipts sent by participants of other clearing systems, for which there is no specific account; and

V - 1.4.1.50.00-1 PAYMENT TRANSACTIONS, all with attributes UBDIFJASERLMNYZ:

a) 1.4.1.50.10-4 Unlinked Receivables, which is intended for the recording of amounts that are not the subject of assignment;

b) 1.4.1.50.20-7 Assigned Receivables, which is intended for the recording of assigned amounts without substantial transfer of risks and benefits; and

c) 1.4.1.50.30-0 Acquired Receivables, which is intended for the recording of acquired receivables with substantial transfer of risks and benefits.” (NR)

“Art. 55. ............................................................................................................

.........................................................................................................................

XIX - 1.8.8.79.00-3 RECEIVABLES RELATIVE TO PAYMENT TRANSACTIONS, with attributes UBDIFASERLMNYZ, whose function is to record the amounts that issuers of post-payment payment instruments have to receive from end users, relative to payment transactions with post-payment payment instruments;

.........................................................................................................................

§ 1º .................................................................................................................

.........................................................................................................................

VI - 1.8.8.75.00-7 CREDITS LINKED TO OPERATIONS ACQUIRED IN ASSIGNMENT:

a) 1.8.8.75.10-0 Of Credit Operations, with attributes UBDKIFJACTSWERLMNHZ;

b) 1.8.8.75.20-3 Of Leasing Operations, with attributes UBDKIFJACTSWERLMNHZ;

c) 1.8.8.75.30-6 Of Other Operations with Characteristics of Credit Granting, with attributes UBDKIFJACTSWERLMNHZ;

d) 1.8.8.75.35-1 Of Payment Transactions, with attributes UBDKIFJACTSWERLMNHYZ;

e) 1.8.8.75.37-5 Of Receivables relative to Payment Transactions, with attributes UBDKIFJACTSWERLMNHYZ; and

f) 1.8.8.75.40-9 Of Other Financial Assets, with attributes UBDKIFJACTSWERLMNHZ;

VII - 1.8.8.78.00-4 PREMIUM OR DISCOUNT IN OPERATIONS OF SALE OR TRANSFER OF FINANCIAL ASSETS, all with attributes UBDKIFJACTSWERLMNHZ:

.........................................................................................................................

h) 1.8.8.78.36-5 (-) Discount in Other Financial Assets;

VIII - 1.8.8.80.00-9 NOTES AND CREDITS RECEIVABLE:

.........................................................................................................................

b) 1.8.8.80.20-5 Without Characteristics of Credit Granting, with attributes UBDKIFJACTSWERLMNHYZ; and

IX - 1.8.8.79.00-3 RECEIVABLES RELATIVE TO PAYMENT TRANSACTIONS, all with attributes UBDIFASERLMNYZ:

a) 1.8.8.79.10-6 Unlinked Receivables, which is intended for the recording of amounts that are not the subject of assignment;

b) 1.8.8.79.20-9 Assigned Receivables, which is intended for the recording of assigned receivables without substantial transfer of risks and benefits; and

c) 1.8.8.79.30-2 Acquired Receivables, which is intended for the recording of acquired receivables with substantial transfer of risks and benefits.

................................................................................................................” (NR)

“Art. 56. ............................................................................................................

.........................................................................................................................

Sole Paragraph. The following accounting titles must be segregated into sub-titles:

I - 1.8.9.99.00-0 (-) PROVISION FOR OTHER DOUBTFUL DEBT CREDITS:

a) 1.8.9.99.10-3 (-) With Characteristics of Credit Granting, with attributes UBDKIFJACTSWERLMNHZ;

b) 1.8.9.99.20-6 (-) Without Characteristics of Credit Granting, with attributes UBDKIFJACTSWERLMNHYZ; and

c) 1.8.9.99.80-4 (-) Of Non-Subsidiaries Not Subject to Authorization by the Central Bank of Brazil, with attributes UBDKIFJACTSWELMNHYZ; and

II - 1.8.9.96.00-3 (-) PROVISION FOR RECEIVABLES RELATIVE TO PAYMENT TRANSACTIONS, all with attributes UBDIFASERLMNYZ:

a) 1.8.9.96.10-6 (-) Provisions on Unlinked Receivables;

b) 1.8.9.96.20-9 (-) Provisions on Assigned Receivables; and

c) 1.8.9.96.30-2 (-) Provisions on Acquired Receivables; and

................................................................................................................” (NR)

Art. 3º Normative Instruction BCB No. 270, of April 1, 2022, shall enter into force with the following alterations:

“Art. 11. ............................................................................................................

.........................................................................................................................

XLI - 3.0.9.71.00-6 COMPLETED PAYMENT TRANSACTIONS, with attributes UBDIFJASERLMNYZ, whose function is to record the monthly average value of the financial volume of payment transactions, cumulatively considering payments, transfers, and withdrawals of funds, regardless of the existence of any underlying obligation between the payer and the payee, carried out in the twelve months prior to the base date, in counterpart to title 9.0.9.71.00-8 COMPLETED PAYMENT TRANSACTIONS – CONTROL;

.........................................................................................................................

§ 1º .................................................................................................................

.........................................................................................................................

XIX - 3.0.9.71.00-6 COMPLETED PAYMENT TRANSACTIONS, all with attributes UBDIFJASERLMNYZ:

a) 3.0.9.71.10-9 Completed Payment Transactions as Issuer of Post-payment Payment Instrument;

b) 3.0.9.71.20-2 Completed Payment Transactions as Issuer of Pre-payment Payment Instrument – Payments, Transfers, and Withdrawals;

c) 3.0.9.71.30-5 Completed Payment Transactions Processed as Acquirer;

d) 3.0.9.71.35-0 Completed Payment Transactions Processed as Sub-acquirer; and

e) 3.0.9.71.40-8 Completed Payment Transactions Processed as Payment Transaction Initiator;

................................................................................................................” (NR)

Art. 4º Normative Instruction BCB No. 271, of April 1, 2022, shall enter into force with the following alterations:

“Art. 25. ............................................................................................................

.........................................................................................................................

V - 4.4.1.60.00-9 PAYMENT TRANSACTIONS, with attributes UBDIFJASERLMNYZ, whose function is to record the amounts payable to financial institutions, other institutions authorized to operate by the Central Bank of Brazil, and payment institutions participating in a payment scheme, relative to payment transactions, excluding amounts payable to institutions participating in a payment scheme, relative to payment transactions, when originated by a holder of a payment account, which must be recognized in sub-title 4.1.9.30.20-1 Blocked Balances; and

................................................................................................................” (NR)

“Art. 50. ............................................................................................................

.........................................................................................................................

§ 1º .................................................................................................................

.........................................................................................................................

V - 4.9.9.17.00-6 OBLIGATIONS LINKED TO ASSIGNMENT OPERATIONS:

.........................................................................................................................

d) 4.9.9.17.35-0 Of Payment Transactions, with attributes UBDKIFJACTSWERLMNHYZ;

e) 4.9.9.17.37-4 Of Receivables relative to Payment Transactions, with attributes UBDKIFJACTSWERLMNHYZ;

f) 4.9.9.17.40-8 Of Other Financial Assets, with attributes UBDKIFJACTSWERLMNHYZ; and

g) 4.9.9.17.90-3 Obligations Linked to Assignment Operations – Early Settlement, with attributes UBDKIFJACTSWERLMNHZ, which is intended for the temporary recording of amounts resulting from an obligation linked to an assignment operation, in which the customer made advance payment, total or partial, of the assigned credit operation (pre-payment), until the effective transfer of the received resources to the buyer or assignee;

................................................................................................................” (NR)

Art. 5º Normative Instruction BCB No. 273, of April 1, 2022, shall enter into force with the following alterations:

“Art. 9º ............................................................................................................

.........................................................................................................................

XIX - 7.1.7.97.00-5 REVENUE FROM SPECIAL SERVICES – INDIVIDUALS, with attributes UBDKIFJACTSWERLMNYZ, Estban code 711, whose function is to record the revenue from tariffs charged from individuals for the provision of special services, thus considered the services for which there is specific legislation and regulation, defining the tariffs and the conditions under which they are applicable, such as services related to rural credit, the Housing Financial System, the Time Service Guarantee Fund, which constitute effective revenue in the period, except for tariffs for which there is a specific line item for recording, such as those charged for instant payment transactions within the scope of PIX;

.........................................................................................................................

§ 1º .................................................................................................................

.........................................................................................................................

III - 7.1.7.97.00-5 REVENUE FROM SPECIAL SERVICES – INDIVIDUALS:

.........................................................................................................................

c) 7.1.7.97.99-5 Other Tariffs, with attributes UBDKIFJACTSWERLMNYZ;

IV - 7.1.7.98.00-4 REVENUE FROM BANKING TARIFFS – LEGAL ENTITIES:

.........................................................................................................................

f) - 7.1.7.98.99-4 Other Banking Tariff Revenues – Legal Entities, with attributes UBDKIFJACTSWERLMNZ; and

V - 7.1.7.05.00-4 REVENUE FROM PAYMENT SERVICES, all with attributes UBDIFJASERLMNYZ:

a) 7.1.7.05.10-7 Interchange Fee, which is intended for the recording of amounts paid to the issuer of the payment instrument, for a transaction established within the scope of the payment scheme;

b) 7.1.7.05.20-0 Acquiring, which is intended for the recording of effective revenue resulting from a discount rate applied on the transaction value and charged from the acquiring network, net of amounts repaid to other participants or scheme founders;

c) 7.1.7.05.30-3 Scheme Fees, which is intended for the recording of amounts directly associated with transactions carried out and charged from the acquiring network, which constitute effective revenue of the scheme founder;

d) 7.1.7.05.40-6 Payment Transaction Initiation, which is intended for the recording of amounts originating from the payment service provider, charged for the provision of the payment transaction initiation service, excluding those resulting from instant payment transactions within the scope of PIX or other revenues for which there are specific line items;

e) 7.1.7.05.50-9 PIX, which is intended for the recording of amounts charged from end users or indirect participants of the instant payment system, originating from the execution of instant payment transactions within the scope of PIX;

f) 7.1.7.05.60-2 Sale or Rental of Equipment and Connectivity, which is intended for the recording of amounts resulting from the sale or rental of equipment intended for the capture of payment transactions, as well as those resulting from connectivity tariffs to the acquirer's network; and

g) 7.1.7.05.99-4 Other Services Related to Payment Transactions, which is intended for the recording of other revenues from the provision of services in a payment scheme, which constitute effective revenue of the institution and for which there are no specific line items.

................................................................................................................”(NR)

Art. 6º Normative Instruction BCB No. 275, of April 1, 2022, shall enter into force with the following alterations:

“Art. 11. ............................................................................................................

.........................................................................................................................

XXIX - 9.0.9.53.00-2 OBLIGATIONS WITH REPURCHASE OPERATIONS, with attributes UBDKIFJACTSWERLMNHYZ, whose function is to record the amounts corresponding to funds raised through repurchase operations, in counterpart to title 3.0.9.53.00-0 REPURCHASE OPERATIONS – OBLIGATIONS;

.........................................................................................................................

XLI - 9.0.9.71.00-8 COMPLETED PAYMENT TRANSACTIONS – CONTROL, with attributes UBDIFJASERLMNYZ, whose function is to record the sum of the financial volume of payment transactions carried out in the twelve months prior to the base date, in counterpart to title 3.0.9.71.00-6 COMPLETED PAYMENT TRANSACTIONS;

.........................................................................................................................

§ 1º .................................................................................................................

.........................................................................................................................

V - 9.0.9.53.00-2 OBLIGATIONS WITH REPURCHASE OPERATIONS, all with attributes UBDKIFJACTSWERLMNHYZ:

................................................................................................................” (NR)

Art. 7º Normative Instruction BCB No. 315, of October 27, 2022, shall enter into force with the following alterations:

“Art. 12. ............................................................................................................

.........................................................................................................................

§ 1º .................................................................................................................

.........................................................................................................................

IV - 8.1.9.88.00-0 (-) EXPENSES OF OTHER NON-FINANCIAL ASSETS EVALUATED AT FAIR VALUE, all with attributes UBDKIFJACTSWERLMNHYZ:

.........................................................................................................................

c) 8.1.9.88.99-0 (-) Others;

V - 8.1.9.90.00-5 (-) EXPENSES FOR TAX AND CONTRIBUTION ADJUSTMENT, all with attributes UBDKIFJACTSWERLMNHYZ:

.........................................................................................................................

d) 8.1.9.90.90-2 (-) Others; and

VI - 8.1.9.19.00-0 (-) EXPENSES WITH SERVICES ASSOCIATED TO PAYMENT TRANSACTIONS, all with attributes UBDIFJASERLMNYZ:

a) 8.1.9.19.10-3 Payment Transaction Initiation, which is intended for the recording of expenses paid for the provision of the payment transaction initiation service, excluding those resulting from instant payment transactions within the scope of PIX for which there is a specific line item;

b) 8.1.9.19.20-6 Payment Transaction Processing, which is intended for the recording of expenses directly attributable to the operational payment process, such as compensation and settlement expenses for card transactions, receipt capture expenses, and information management expenses, excluding processing expenses not directly attributable to transaction processing for which there is a specific line item;

c) 8.1.9.19.30-9 PIX, which is intended for the recording of expenses for executing transactions within the PIX scheme, excluding processing expenses for which there is a specific line item;

d) 8.1.9.19.40-2 Reversal, Fraud, or Cancellation, which is intended for the recording of losses in payment transactions due to reversal (chargeback), fraud, or cancellation of transaction;

e) 8.1.9.19.50-5 Sale or Rental of Electronic Equipment, which is intended for the recording of expenses with sale, rental, or losses with installed equipment (POS, Pinpad, or similar) at accredited establishments, including connectivity expenses necessary for carrying out the payment transaction and excluding depreciation expenses or data processing expenses for which there is a specific line item; and

f) 8.1.9.19.99-0 Other Expenses Related to Payment Transactions, which is intended for the recording of other expenses related to payment transactions for which there is no specific line item.

................................................................................................................” (NR)

Art. 8º The provisions of this Normative Instruction apply to accounting documents prepared from the base date of July 2023.

Sole Paragraph. From the base date mentioned in the caput, any accounting balances recorded in other accounting line items must be reclassified to the adequate accounting line items created by this Normative Instruction, observing the provisions and deadlines provided for in the current regulation.

Art. 9º Item III of the sole paragraph of Art. 56 of Normative Instruction BCB No. 268, of April 1, 2022, is hereby revoked.

Art. 10. This Normative Instruction enters into force on July 1, 2023.

João André Calvino Marques Pereira

note 34/2023 – BCB/DENOR, OF JANUARY 13, 2023

Justifies proposal for the issuance of a normative instruction amending the chart of accounts of the Accounting Standard for Institutions Regulated by the Central Bank of Brazil - Cosif.

Mr. Head of Denor,

This Note justifies a proposal for the issuance of a normative instruction by the Financial System Regulation Department (Denor), using the authority conferred 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, based on Art. 10 of BCB Resolution No. 92, of May 6, 2021, to amend the chart of accounts of the Accounting Standard for Institutions Regulated by the Central Bank of Brazil - Cosif.

2. The proposal for the normative act seeks to adapt the chart of accounts of the Accounting Standard for Institutions Regulated by the Central Bank (Cosif) to the new regulatory capital requirements applicable to payment institutions defined in BCB Resolutions Nos. 198, 200, and 202, of March 11, 2022, which will enter into force on July 1, 2023. Due to these Resolutions, it was found necessary to amend BCB Normative Instructions Nos. 268, 270, 271, 273, 275, and 315, all of April 1, 2022, in order to create and adjust in Cosif the necessary line items for the pertinent accounting records, which is why this proposal for a normative instruction is being presented.

3. Additionally, it is necessary to clarify that in compliance with the provisions of Article 5 of Law No. 13,874 of September 20, 2019, Decree No. 10,411 of June 30, 2020, determines that proposals for normative acts of general interest for economic agents formulated by bodies and entities of the direct, autarchic, and foundation federal public administration, as well as by collegiate bodies through the body or entity responsible for providing them with administrative support, must be preceded by a Regulatory Impact Analysis (AIR).

4. In this sense, it is worth noting that, as provided for in item II of Article 4 of the aforementioned Decree, the obligation of AIR does not apply to normative acts intended to discipline rights or obligations defined in a hierarchically superior norm that does not allow, technically or legally, different regulatory alternatives. Thus, in view of this provision, the proposal for the normative instruction presented here is exempt from the preparation of an AIR.

For your consideration.

Uverlan Rodrigues Primo
Deputy Chief

Agreed.

João André Calvino Marques Pereira
Department Head