RegAlert2024-03-26 | Instrução Normativa BCB 459Added
Normative Instruction BCB No. 459 — Amends Normative Instructions BCB Nos. 268, 270, 271, 273 and 275, and Normative Instruction BCB No. 315, to create and alter accounting items in the chart of accounts of the Accounting Standard for Regulated Institutions (Cosif)
Normative Instruction BCB No. 459 amends five previous instructions to create and modify specific accounting line items within the Cosif chart of accounts for regulated financial institutions. The amendments introduce new accounts for judicial and administrative deposits, provisions for credit losses, expenses related to the Desenrola Brasil debt renegotiation program, and control accounts for LIG, LCI, and LCA securities, while also establishing sub-accounts to segregate these items by counterparty or issuance date. These changes require institutions to update their accounting records to reflect the new attributes and functions of the specified accounts.
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Alterations of the Cosif
NORMATIVE INSTRUCTION BCB NO. 459, OF MARCH 26, 2024
Amends the BCB Normative Instructions Nos. 268, 270, 271, 273 and 275, all of April 1, 2022, and the BCB Normative Instruction No. 315, of October 27, 2022, to create and alter accounting items in the list of accounts of the Accounting Standard of the Institutions Regulated by the Central Bank of Brazil (Cosif).
The Head of the Department of Regulation of the Financial System (Denor), in the exercise of the authority conferred upon him by art. 23, item I, letter "a", of the Internal Regulations of the Central Bank of Brazil, annexed to Resolution BCB No. 340, of September 21, 2023, based on arts. 12 of Resolution CMN No. 4,858, of October 23, 2020, and 10 of Resolution BCB No. 92, of May 6, 2021,
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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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