RegAlert2023-04-28 | Instrução Normativa BCB 376Added
Normative Instruction BCB No. 376 of April 28, 2023
This instruction establishes procedures for registrars and central securities depositories to participate in drafting the self-regulation convention for real estate receivables. Entities must submit an expression of interest by June 1, 2023, via the Central Bank's Digital Protocol, specifying legal representation and consent for name publication. The draft convention must be submitted for approval within 150 days of the effective date of Resolution BCB No. 308/2023, including technical manuals and revision marks. The regulation enters into force on May 2, 2023, to align with the effective date of the parent resolution.
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Resolution No. 222
NORMATIVE INSTRUCTION BCB NO. 376, OF APRIL 28, 2023
Establishes guidelines on the participation of registrar entities and central securities depositories of financial assets in the process of drafting the convention that sets forth the self-regulation rules for exercising the activities of registration and centralized deposit of real estate receivables, as provided for in Article 12 of BCB Resolution No. 308, of March 28, 2023.
The Head of the Department of Competition and Financial Market Structure (Decem), using the powers conferred upon him by Article 97-A, item I, letter “d”, items 2 and 3 of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84.287, of February 27, 2015, based on Articles 12, §§ 2, 3, and 4, and 23, both of BCB Resolution No. 308, of March 28, 2023,
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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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