NORMATINVE INSTRUCTION BCB NO. 385, OF MAY 30, 2023

Updates the standardized tables for the purpose of disclosing the Pillar 3 Report.

The Head of the Prudential and Exchange Regulation Department (Dereg), in the exercise of the authority conferred upon him by Article 23, item I, letter "a"; and Article 118, item I, letter "d", of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84,287, of February 27, 2015, and having regard to the provisions of Article 56 of Resolution No. 4,557, of February 23, 2017,

RESOLVES:

Art. 1. The updated tables relating to the Pillar 3 Report, governed by BCB Resolution 54, of December 16, 2020, are available at the electronic address https://www.bcb.gov.br/estabilidadefinanceira/regulacao_prudencial_normas, on the Central Bank of Brazil's internet page.

Art. 1-A. The provision of information required in the Pillar 3 Report in the form of open data, governed by § 3 of Art. 23 of BCB Resolution No. 54, of 2020, is suspended from November 29, 2023. (Included by Normative Instruction BCB No. 425, of 11/29/2023.)

Sole Paragraph. The provision in the form of open data will be resumed on a date to be informed after the establishment of specifications by the Central Bank of Brazil and must include information regarding the period during which disclosure remained suspended. (Included by Normative Instruction BCB No. 425, of 11/29/2023.)

Art. 1-A (Revoked by Normative Instruction BCB No. 650, of 8/19/2025.)

Art. 1-B. The Pillar 3 Report shall enter into force with the following tables added: (Included by Normative Instruction BCB No. 425, of 11/29/2023.)

I - Table CRE: IRB - Qualitative information on IRB approaches; (Included by Normative Instruction BCB No. 425, of 11/29/2023.)

II - Table CR6: IRB - Credit risk exposures by portfolio and PD intervals; (Included by Normative Instruction BCB No. 425, of 11/29/2023.)

III - Table CR7: IRB - Effects of the use of credit derivatives as credit risk mitigation instruments; (Included by Normative Instruction BCB No. 425, of 11/29/2023.)

IV - Table CR8: Information on variations in RWACIRB; and (Included by Normative Instruction BCB No. 425, of 11/29/2023.)

V - Table CR9: IRB - Comparison between estimated and observed losses (backtesting) of the PD parameter by category, subcategory, and portfolio. (Included by Normative Instruction BCB No. 425, of 11/29/2023.)

Art. 1-C. Table CR5 shall enter into force with an alteration in the "Exposures and CCR applied to exposures not recognized on the balance sheet" table. (Included by Normative Instruction BCB No. 425, of 11/29/2023.)

Art. 1-D. The Pillar 3 Report shall enter into force with the following tables added: (Included, effective 12/1/2024, by Normative Instruction BCB No. 532, of 10/24/2024.)

I - Table CMS1 - comparison between RWA calculated under the standardized approach and the internal models approach by risk type; and (Included, effective 12/1/2024, by Normative Instruction BCB No. 532, of 10/24/2024.)

II - Table CMS2 - comparison between RWACPAD and RWACIRB by category, subcategory, and portfolio. (Included, effective 12/1/2024, by Normative Instruction BCB No. 532, of 10/24/2024.)

Art. 1-E. Modifications were made to the following tables: (Included, effective 12/1/2024, by Normative Instruction BCB No. 532, of 10/24/2024.)

I - Table OV1: alteration of filling instructions related to market risk to include RWADRC and RWACVA components; (Included, effective 12/1/2024, by Normative Instruction BCB No. 532, of 10/24/2024.)

II - Table MR1: inclusion of lines 5 and 6, related to the RWADRC and RWACVA components; and (Included, effective 12/1/2024, by Normative Instruction BCB No. 532, of 10/24/2024.)

III - Table MR2: inclusion of lines 8 and 9, related to the RWADRC and RWACVA components. (Included, effective 12/1/2024, by Normative Instruction BCB No. 532, of 10/24/2024.)

Art. 1-F. Modifications were made to the following tables: (Included, effective 4/28/2025, by Normative Instruction BCB No. 612, of 4/25/2025.)

I - Table KM1: inclusion of lines to highlight regulatory capital values, their proportion relative to risk-weighted assets (RWA), and the Leverage Ratio, aiming to allow comparison between values without considering the impacts of the transition rule on respective requirements due to the introduction of the new expected loss-based provisioning model; (Included, effective 4/28/2025, by Normative Instruction BCB No. 612, of 4/25/2025.)

II - Tables LR1 and LR2: alteration of filling instructions to include the transition rule related to the new expected loss-based provisioning model in the Leverage Ratio value; (Included, effective 4/28/2025, by Normative Instruction BCB No. 612, of 4/25/2025.)

III - Table CR2 with alteration in the definition of "operations not recognized on the balance sheet"; and (Included, effective 4/28/2025, by Normative Instruction BCB No. 612, of 4/25/2025.)

IV - Table CR5 with alterations in the "Exposures secured by real estate" table and its respective filling instruction. (Included, effective 4/28/2025, by Normative Instruction BCB No. 612, of 4/25/2025.)

Art. 1-G. The Pillar 3 Report shall enter into force with the following tables added: (Included by Normative Instruction BCB No. 639, of 6/17/2025.)

I - Table ORA: Qualitative information on operational risk management; (Included by Normative Instruction BCB No. 639, of 6/17/2025.)

II - Table OR1: Operational loss history; (Included by Normative Instruction BCB No. 639, of 6/17/2025.)

III - Table OR2: Composition of the Business Indicator (BI); and (Included by Normative Instruction BCB No. 639, of 6/17/2025.)

IV - Table OR3: Capital requirement for operational risk. (Included by Normative Instruction BCB No. 639, of 6/17/2025.)

Art. 1-H. Modifications were made to the following tables: (Included by Normative Instruction BCB No. 650, of 8/19/2025.)

I - Table OR1: alteration in the definition of "Columns". (Included by Normative Instruction BCB No. 650, of 8/19/2025.)

II - Table OR2: columns "b" and "c" were added for lines 6c and 6d and the definitions of "Line 6c", "Line 6d", and "Columns" were altered. (Included by Normative Instruction BCB No. 650, of 8/19/2025.)

Art. 1-I. From the reference date of December 31, 2025, the information required in the Pillar 3 Report must be provided in the form of open data, as set forth in § 3 of Art. 23 of BCB Resolution No. 54, of 2020. (Included by Normative Instruction BCB No. 650, of 8/19/2025.)

Art. 1-J. Modifications were made to the following tables: (Included by Normative Instruction BCB No. 709, of 2/12/2026.)

I - Table OR2: alteration in the definition of "Columns". (Included by Normative Instruction BCB No. 709, of 2/12/2026.)

II - Table OR3: alteration in the definition of "Line 1". (Included by Normative Instruction BCB No. 709, of 2/12/2026.)

Art. 1-K. The Pillar 3 Report shall enter into force with the addition of the Linked Asset table (Table ENC). (Included by Normative Instruction BCB No. 726, of 4/17/2026.)

Art. 1-L. Modifications were made to the following tables: (Included by Normative Instruction BCB No. 726, of 4/17/2026.)

I - Table LIQ1: inclusion of hatching in cells that should not be filled; and (Included by Normative Instruction BCB No. 726, of 4/17/2026.)

II - Tables CR1, CR3, and CR5: alteration to exclude advances and income to be appropriated from the disclosure requirement regarding provisions. (Included by Normative Instruction BCB No. 726, of 4/17/2026.)

Art. 2. Normative Instruction No. 253, of March 29, 2022, is hereby revoked.

Art. 3. This Normative Instruction enters into force on July 1, 2023.

Ricardo Franco Moura

INFORMATIVE NOTE

Decree No. 10,139, of November 28, 2019, established the obligation for bodies and entities of the direct, autarchical, and foundational federal public administration to review and consolidate normative acts issued within the scope of their respective competencies. This measure aimed to review, update, simplify, and consolidate normative acts, in order to rationalize the regulatory stock.

2. With the consolidation of the prudential framework into new resolutions, it is necessary to update the Pillar 3 tables. This occurs because the different thematic tables always refer to the number of the norm emanated by the National Monetary Council that governs the subject matter of disclosure. With the change in resolution numbers due to the consolidation, the references contained in the Pillar 3 tables became outdated. It is also necessary to add references to the norms governing Type 3 conglomerates, which are also subject to the disclosure of the Pillar 3 Report, pursuant to BCB Resolution No. 265, of November 25, 2022.

3. Additionally, with the publication of BCB Resolution No. 229, of May 12, 2022, which implements, effective July 1, 2023, the new procedures for calculating the portion of risk-weighted assets (RWA) related to credit risk exposures subject to the capital requirement calculation using the standardized approach (RWACPAD), it is necessary to update the credit risk tables to align with the new procedures.

4. In this context, based on the provisions of Article 118, item I, letter "d", of the Internal Regulations of this Central Bank, I resolve to issue the normative instruction in the form of the attached draft. Considering the provisions of item IV of Article 4 of Decree No. 10,411, of June 30, 2020, I decide to waive the regulatory impact analysis referred to in Article 5 of Law No. 13,874, of September 20, 2019.

5. In observance of Article 14 of Decree No. 10,411, of 2020, I record that the normative act in question must be verified regarding the need to update the regulatory stock until the end of the period referred to in Article 19, item II, of Decree No. 10,139, of November 28, 2019, namely, until the end of the second year of the presidential term.

Ricardo Franco Moura
Head of the Prudential and Exchange Regulation Department