Normative Instruction BCB No. 481 — Amends Normative Instructions BCB Nos. 268, 270, 275, and 315 to Create and Alter Accounting Line Items of the Cosif Chart of Accounts

INSTRUCTION
NORMATIVA NO. 481, OF JUNE 28, 2024

Amends Normative Instructions BCB
Nos. 268, 270, and 275, all of April 1, 2022, and Normative Instruction BCB No. 315, of October 27, 2022, to create and alter accounting line items of the chart of accounts of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif).

The Head of the Department of Regulation of the Financial System (Denor), in use of the attribution that confers him Art. 23, item I, clause "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,

R E S O L V E
:

Art. 1º The Normative Instruction BCB No. 268, of April 1, 2022, published in the Official Gazette of the Union on April 5, 2022, corrected in the DOU on April 12, 2022, shall enter into force with the following alterations:

"Art.
17.
..................................................................................................................

.................................................................................................................................

Sole
Paragraph. .....................................................................................................

.................................................................................................................................

IX -
1.3.2.10.65-0 Debentures, with UBDIFCTLMNZ attributes;

..................................................................................................................................

XII -
1.3.2.10.99-7 Others, with UBDIFCTLMNZ attributes." (NR)

Art. 2º The Normative Instruction BCB No. 270, of April 1, 2022, published in the Official Gazette of the Union on April 5, 2022, shall enter into force with the following alterations:

"Art.
11.
.................................................................................................................

.................................................................................................................................

LXII -
3.0.9.68.00-2 OPERATIONS OF THE DESENROLA PROGRAM, with attributes UBDKIFJACTSWRLMNYZ, whose function is to register the values related to the operations of debt renegotiation, of own portfolio or assumed from third parties, contracted in the capacity of financial agents within the scope of the Emergency Program of Renegotiation of Debts of Defaulting Individuals - Desenrola Brasil and the Program of Renegotiation of Debts of Individual Microentrepreneurs - MEIs, Microenterprises and Small Businesses - Desenrola Small Businesses, in counterpart to title 9.0.9.68.00-4 OPERATIONS OF THE DESENROLA PROGRAM;

LXIII -
3.0.9.74.00-3 ACCOUNTING BALANCE OF CREDIT RIGHTS FROM JUDICIAL LAWSUITS ON 30/06/2023, with attributes UBDKIFJACTSWRLMNHYZ, whose function is to register the balance of accounting of the credit rights resulting from judicial processes recognized in the asset on June 30, 2023, according to the criteria provided in the current accounting regulation, in counterpart to title 9.0.9.74.00-5 ACCOUNTING BALANCE CREDIT RIGHTS JUDICIAL PROCESSES ON 30/06 - CONTROL.

.................................................................................................................................

LXVI -
3.0.9.09.00-9 JUDICIAL AND ADMINISTRATIVE DEPOSITS TRANSFERRED TO MUNICIPALITIES, with attributes UBDIFSWERLMZ, whose function is to register the updated values of the judicial and administrative deposits transferred to Municipalities, according to current legislation, in counterpart to title 9.0.9.09.00-1 JUDICIAL AND ADMINISTRATIVE DEPOSITS TRANSFERRED TO MUNICIPALITIES;

LXVII -
3.0.9.04.00-4 LIG, LCI and LCA ISSUED - CONTROL, with attributes UBDIFSWERLMNZ, whose function is to register the value of Guaranteed Real Estate Letters (LIG), Real Estate Credit Letters (LCI) and Agricultural Credit Letters (LCA) issued, in counterpart to the subheadings of title 9.0.9.04.00-6 CONTROL OF LIG, LCI and LCA ISSUED;

LXVIII

• 3.0.9.24.00-8 CONTROL OF CREDIT OPERATIONS WITH SHARING OF
  RESOURCES AND RISKS, with attributes RZ, whose function is to register the participation of credit cooperatives in credit operations granted with sharing of resources and risks, in counterpart to the subheading 9.0.9.24.00-0 CREDIT OPERATIONS WITH SHARING OF RESOURCES AND RISKS - CONTROL; and

LXIX -
3.0.9.59.00-4 CONTROL OF OBLIGATIONS FROM OPERATIONS LINKED TO ASSIGNMENT, with attributes UBDKIFJACTSWRLMNHYZ, whose function is to register, by the selling or assigning institution, the obligations resulting from operations of sale or transfer of financial assets that were not written off by it, in whole or proportionally, according to the nature of the purchasing or assignee institution, in counterpart to title 9.0.9.59.00-6 OBLIGATIONS FROM OPERATIONS LINKED TO ASSIGNMENT - CONTROL.

§ 1º
.........................................................................................................................

..................................................................................................................................

XXVII -
3.0.9.68.00-2 OPERATIONS OF THE DESENROLA PROGRAM:

a)
3.0.9.68.10-5 Desenrola Brasil - Range 1, with attributes UBDKFJSWRLMNZ, which is designed to register the gross accounting value of Range 1 operations contracted within the scope of the Emergency Program of Renegotiation of Debts of Defaulting Individuals - Desenrola Brasil;

b)
3.0.9.68.20-8 Desenrola Brasil - Range 2, with attributes UBDKFJSWRLMNZ, which is designed to register the gross accounting value of Range 2 operations contracted within the scope of the Emergency Program of Renegotiation of Debts of Defaulting Individuals - Desenrola Brasil; and

c)
3.0.9.68.30-1 Desenrola Small Businesses, with attributes UBDKIFJACTSWLMNYZ, which is designed to register the gross accounting value of operations contracted within the scope of the Program of Renegotiation of Debts of Individual Microentrepreneurs

• MEIs, Microenterprises and Small Businesses - Desenrola
  Small Businesses;

XXVIII

....................................................................................................................

.................................................................................................................................

k)
3.0.9.74.90-0 Other Credit Rights Originating from Judicial Actions; and

XXIX -
3.0.9.24.00-8 CONTROL OF CREDIT OPERATIONS WITH SHARING OF RESOURCES AND RISKS, all with attributes RZ:

a)
3.0.9.24.10-1 Structuring Credit Cooperative, which is intended to register, by the Structuring Credit Cooperative of the credit operation with sharing of resources and risks, its participation in the net accounting value of the operation, thus considered the accounting value after deduction of the provision for losses; and

b)
3.0.9.24.20-4 Non-Structuring Credit Cooperative, which is intended to register, by the Non-Structuring Credit Cooperative of the credit operation with sharing of resources and risks, its participation in the net accounting value of the operation, thus considered the accounting value after deduction of the provision for losses.

.......................................................................................................................
"(NR)

Art. 3º The Normative Instruction BCB No. 275, of April 1, 2022, published in the Official Gazette of the Union on April 5, 2022, shall enter into force with the following alterations:

"Art. 11.
.................................................................................................................

................................................................................................................................

LXII - 9.0.9.68.00-4
OPERATIONS OF THE DESENROLA PROGRAM, with attributes UBDKIFJACTSWRLMNYZ, whose function is to register the values related to the operations of debt renegotiation, of own portfolio or assumed from third parties, contracted in the capacity of financial agents within the scope of the Emergency Program of Renegotiation of Debts of Defaulting Individuals - Desenrola Brasil and the Program of Renegotiation of Debts of Individual Microentrepreneurs - MEIs, Microenterprises and Small Businesses

• Desenrola Small Businesses, in counterpart to title
  3.0.9.68.00-2 OPERATIONS OF THE DESENROLA PROGRAM;

LXIII - 9.0.9.74.00-5
ACCOUNTING BALANCE CREDIT RIGHTS JUDICIAL PROCESSES ON 30/06 - CONTROL, with attributes UBDKIFJACTSWRLMNHYZ, whose function is to register the accounting balance of the credit rights resulting from judicial processes recognized in the asset on June 30, 2023, according to the criteria provided in the current accounting regulation, in counterpart to title 3.0.9.74.00-3 ACCOUNTING BALANCE OF CREDIT RIGHTS FROM JUDICIAL PROCESSES ON 30/06/2023;

.................................................................................................................................

LXVI - 9.0.9.09.00-1
JUDICIAL AND ADMINISTRATIVE DEPOSITS TRANSFERRED TO MUNICIPALITIES, with attributes UBDIFSWERLMZ, whose function is to register the updated values of the deposits judicial and administrative transferred to Municipalities, according to current legislation, in counterpart to title 3.0.9.09.00-9 JUDICIAL AND ADMINISTRATIVE DEPOSITS TRANSFERRED TO MUNICIPALITIES;

LXVII - 9.0.9.04.00-6
CONTROL OF LIG, LCI and LCA ISSUED, with attributes UBDIFSWERLMNZ, whose function is to register, in the appropriate subheadings, according to the date of issuance, the value of the Guaranteed Real Estate Letters (LIG), Real Estate Credit Letters (LCI) and Agricultural Credit Letters (LCA) issued, in counterpart to title 3.0.9.04.00-4 LIG, LCI and LCA ISSUED - CONTROL;

LXVIII -
9.0.9.24.00-0 CREDIT OPERATIONS WITH SHARING OF RESOURCES AND RISKS

• CONTROL, with attributes RZ, whose function is to register the participation of the
  credit cooperatives in credit operations granted with sharing of resources and risks, in counterpart to title 3.0.9.24.00-8 CONTROL OF CREDIT OPERATIONS WITH SHARING OF RESOURCES AND RISKS; and

LXIX - 9.0.9.59.00-6
OBLIGATIONS FROM OPERATIONS LINKED TO ASSIGNMENT - CONTROL, with attributes UBDKIFJACTSWRLMNHYZ, whose function is to register, by the selling or assigning institution, for the purpose of control of the purchaser or assignee, the obligations resulting from operations of sale or transfer of financial assets that were not written off by it, in whole or proportionally, in counterpart to the title 3.0.9.59.00-4 CONTROL OF OBLIGATIONS FROM OPERATIONS LINKED TO ASSIGNMENT.

§ 1º
........................................................................................................................

.................................................................................................................................

XIII -
........................................................................................................................

.................................................................................................................................

e) 9.0.9.04.30-5 LCA
Issued until February 1, 2024, with attributes UBDIFRLMNZ;

f) 9.0.9.04.31-2 LCA
Issued between February 2, 2024 and June 30, 2024, with attributes UBDIFRLMNZ;

g) 9.0.9.04.32-9 LCA
Issued between July 1, 2024 and June 30, 2025, with attributes UBDIFRLMNZ; and

h) 9.0.9.04.33-6 LCA
Issued from July 1, 2025, with attributes UBDIFRLMNZ;

XIV - 9.0.9.59.00-6
OBLIGATIONS FROM OPERATIONS LINKED TO ASSIGNMENT - CONTROL, all with attributes UBDKIFJACTSWRLMNHYZ:

a) 9.0.9.59.10-9
Linked Financial Institution;

b) 9.0.9.59.15-4
Non-Linked Financial Institution;

c) 9.0.9.59.90-3
Other Linked Institutions; and

d) 9.0.9.59.95-8
Other Non-Linked Institutions. "(NR)

Art. 4º The Normative Instruction BCB No. 315, of October 27, 2022, published in the Official Gazette of the Union on November 1, 2022, shall enter into force with the following alterations:

"Art. 4º
..................................................................................................................

................................................................................................................................

XIV - 8.1.1.65.00-5
(-) EXPENSES OF AGRICULTURAL CREDIT LETTERS, with attributes UBDIFRLMNZ, whose function is to register the expenses of raising resources of Agricultural Credit Letters, which constitute the effective cost of the institution, in the period;

......................................................................................................................" (NR)

Art. 5º The provisions of this Normative Instruction apply to accounting documents prepared from the reference date of July 2024.

Art. 6º This Normative Instruction enters into force on July 1, 2024.

GILNEU
FRANCISCO ASTOLFI VIVAN

NOTE 398/2024 –
BCB/DENOR, OF JUNE 28, 2024

Justifies proposal for issuance of normative instruction that creates and alters accounting line items of the chart of accounts of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif).

Sir
Head of Denor,

1.                The  
   

present Note justifies the proposal for issuance of a normative instruction that creates and alters accounting line items of the chart of accounts of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif), according to the competence of the Department of Regulation of the Financial System (Denor), in use of the attribution that confers him Art. 23, item I, clause "a", of the Internal Regulations of the Central Bank of Brazil (BCB), 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.

2.                The  
   

CMN Resolution No. 5,131, of April 25, 2024, amended CMN Resolution No.
5,051, of November 25, 2022, in order to impose, from July 1, 2024, a limit for the realization of credit operations with the sharing of resources and risks. In order to allow the supervision area to monitor compliance with this limit, it is necessary to create compensation accounts for control of these operations.

3.                Furthermore,  
   

taking into account the provisions of Art. 22 of Provisional Measure No. 1,213, of April 22, 2024, which, among other measures, institutes the Program of Renegotiation of Debts of Individual Microentrepreneurs - MEIs, Microenterprises and Small Businesses - Desenrola Small Businesses, a specific line item is being created in order to allow monitoring of the accounting balance of credit operations carried out within the scope of the program.

4.                I also  
   

propose the creation of compensation accounts for control, by the assigning and selling institutions, of the obligations resulting from operations of sale or transfer of financial assets that were not written off by them, in whole or proportionally, according to the nature of the purchasing or assignee institution, in order to allow these operations to affect the calculation of the Reference Collections (CR) referred to in item III of Art. 9° of Resolution BCB No. 102, of June 7, 2024, which is used in the calculation of the additional contribution to be paid to the Credit Guarantee Fund (FGC).

5.                Additionally,  
   

by virtue of a request received from regulated institutions, I propose the inclusion of an attribute regarding Development Banks in line items of repurchase operations of some fixed-income securities and in the compensation and result line items related to Agricultural Credit Letters (LCA). It is worth highlighting that, according to Art. 26, sole paragraph, of Law No. 11,076, of December 30, 2004, all financial institutions are authorized to issue the aforementioned instrument.

6.                Finally,  
   

I propose an improvement in the function of the compensation line item intended for control of the credit rights resulting from judicial processes recognized in the asset on June 30, 2023, according to current accounting regulation, in order to clarify that in this line item the updated accounting balance of these assets must be registered and not the balance as of June 30, 2023. It is worth highlighting that this update is essential to monitor the application of the specific prudential treatment granted by Resolution BCB No. 346, of October 5, 2023, to assets resulting from credit rights originating from judicial processes.

7.                In  
   

compliance with the provision of Art. 5º of Law No. 13,874, of September 20, 2019, Decree No. 10,411, of 2020, determines that proposals for normative acts of general interest of economic agents formulated by bodies and entities of the direct, autarchic and foundation federal public administration, as well as by collegiate bodies through the body or entity responsible for providing it with administrative support, must be preceded by a regulatory impact analysis (RIA).

8.                However,  
   

as provided in Art. 4º, item II, of this Decree, the obligation to prepare an RIA can be waived for a normative act that aims to regulate rights or obligations defined in a hierarchically superior norm that does not allow, technically or legally, different regulatory alternatives. Thus, in light of these provisions, the normative instruction now proposed is exempt from the preparation of an RIA.

                    For your consideration.

UVERLAN RODRIGUES PRIMO
Deputy Head

Agreed.

GILNEU FRANCISCO ASTOLFI VIVAN
Department Head