RegAlert2023-06-06 | Instrução Normativa BCB 388Added
Normative Instruction BCB No. 388 — Amends the text of Circular Letters Nos. 3,850, 3,851, 3,852, 3,853 and 3,854, all dated December 19, 2017
The document amends the text of Circular Letters Nos. 3,850, 3,851, 3,852, 3,853 and 3,854 to update accounting rubrics and legal bases for calculating risk-weighted assets and reference equity. These changes align with BCB Resolutions Nos. 198 and 201 and introduce the RWASP portion for payment service exposures affecting institutions in Segment 5 and Type 2 conglomerates. The amendments reflect the consolidation of the Cosif accounting standard and revoke specific outdated accounting items. The regulation enters into force on July 1, 2023.
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Resolution No. 222
NORMATIVE INSTRUCTION BCB NO. 388, OF JUNE 6, 2023
Amends the text of Circular Letters Nos. 3,850, 3,851, 3,852, 3,853 and 3,854, all dated December 19, 2017.
The Head of the Department of Prudential and Exchange Regulation (Dereg), acting in a substitute capacity, using the powers conferred upon them by Art. 23, item I, letter “a”; and Art. 118, item I, letter “a” of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 108,150, of August 27, 2020, and considering Resolution No. 4,606, of October 19, 2017, BCB Resolutions Nos. 198 and 201, both dated March 11, 2022, and Circular Letters Nos. 3,861, 3,862 and 3,863, dated December 7, 2017,
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Lineage: Amended
Timeline
Amended 1 time · last 2023-12-22
- 2023-12-22
BCBNormative Instruction BCB No. 446 — Amending the Text of Circular Letter No. 3,850 of December 19, 2017amends
This document amends: Circular Letter No. 3850 — Details Accounting Items for Calculating the Simplified Reference Equity (PRS5), Circular Letter No. 3852 — Details accounting items for calculating the simplified risk-weighted assets (RWAS5) portion for gold, foreign currency, and exchange rate exposure, Circular Letter No. 3853 — Details Accounting Items for Calculating the Risk-Weighted Assets Component (RWAS5) for Credit Risk Exposures under the Simplified Standardized Approach, Circular No. 3862 — Establishes procedures for calculating the simplified risk-weighted assets portion (RWAS5) for credit risk exposures under the simplified standardized approach (RWARCSimp)
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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