RegAlert2023-12-20 | Instrução Normativa BCB 442Added
Normative Instruction BCB No. 442 of December 20, 2023
This instruction amends several BCB Normative Instructions to create specific accounting line items for recording credit rights arising from judicial actions and liquidity financial lines within the Cosif accounting standard. It establishes detailed account codes for own and acquired precatórios and execution process credit rights, segregated by debtor type (Union, States, Federal District, Municipalities) and registration status, along with corresponding loss provisions. The new accounting treatments apply to documents prepared from the January 2024 reference date, requiring the reclassification of existing judicial credit balances into the newly created accounts.
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BCB NORMATIVE INSTRUCTION NO. 442, OF DECEMBER 20, 2023
Amends
BCB Normative Instructions Nos. 268, 270, 271, 273 and 275, all of April 1, 2022, and BCB Normative Instruction No. 315, of October 27, 2022, to create accounting line items in the account list of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif) for the recording of credit rights arising from judicial proceedings, as well as for liquidity financial lines.
The Head of the Department of Financial System Regulation (Denor), in use of the attribution conferred upon him by art. 23, item I, letter "a", of the Internal Regulations of the Central Bank of Brazil, annexed to BCB Resolution No. 340, of September 21, 2023, 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,
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Lineage: In force
Timeline
This document amends: Normative Instruction BCB No. 315 — Defines the accounting items of the Debtor Result group of the chart of accounts of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif), Normative Instruction BCB No. 268 — Defines the accounting items of the Realizable Asset group of the account list of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif), Normative Instruction BCB No. 271 — Defines the accounting items of the Mandatory Liabilities group of the account list of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif)
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