Normative Instruction BCB No. 398 — Discloses procedures, documents, deadlines and information necessary for the processing of authorization requests related to the operation of consortium administrators

Normative Instruction BCB No. 398 establishes the procedures, documents, deadlines, and information required to process authorization requests for consortium administrators under Resolution BCB No. 233/2022. It mandates specific submissions for initial operation, control transfers, mergers, transformations, and the appointment of administrators, utilizing standardized Sisorf models. The instruction also defines reporting timelines for administrative changes and updates requirements for economic-financial capacity and data access authorizations.

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INSTRUÇÃO NORMATIVA BCB Nº 398, DE 29 DE JUNHO DE 2023

Discloses procedures, documents, deadlines and information necessary for the processing of authorization requests related to the operation of consortium administrators governed by Resolution BCB No. 233, of July 27, 2022.

The Head of the Department of Financial System Organization (Deorf), using the attribution conferred by arts. 23, item I, letter “a”, and 96, item XII, of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84.287, of February 27, 2015, based on art. 6 of Resolution BCB No. 233, of July 27, 2022,

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Lineage: Amended

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Timeline

Amended 1 time · last 2024-11-07

2024-11-07BCBCentral Bank of Brazil Instruction Normative No. 547 of November 7, 2024amends

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