2024-09-06 | Instrução Normativa BCB 520Added
Normative Instruction BCB No. 520 establishes procedures for financial market system operators and financial institutions to provide information to the Central Bank of Brazil regarding agricultural credit instruments and credit rights. Central registrars and depositories must transmit data on Rural Product Notes (CPR), Agricultural Deposit Certificates (CDA), Agricultural Warrants (WA), Agricultural Credit Rights Certificates (CDCA), and Agricultural Receivables Certificates (CRA) via the STA system, starting April 2, 2025. Financial institutions holding these instruments must also report to the central registrar whether the instrument's balance is being used to meet rural credit resource allocation requirements. Information must be submitted daily, with data inserted by the fifth business day following the reference date.
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NORMATIVE INSTRUCTION BCB NO. 520, OF
SEPTEMBER 6, 2024
Establishes procedures for the provision of information regarding agricultural credit instruments and credit rights by institutions operating financial market systems, and by financial institutions.
The Head of the Department of Regulation, Supervision and Control of Rural Credit and Proagro Operations (Derop), in the exercise of the powers conferred by art. 23, item I, letter “a”, of the Internal Regulations of the Central Bank of Brazil, published by Resolution BCB No. 340, of September 21, 2023, and in view of the provisions of art. 5 and 6 of Law No. 4,829, of November 5, 1965, of art. 27, § 2, of Law No. 11,076, of December 30, 2004, of art. 3-B of Law No. 8,929, of August 22, 1994, of art. 176 of the Regulation annexed to Resolution BCB No. 304, of March 20, 2023, of Resolution BCB No. 392, of June 12, 2024, of items 11, of Section 1 (General Provisions), 11, of Section 4 (Rural Savings), and 7, of Section 7 (Agricultural Credit Letter - LCA), all of Chapter 6 (Resources) of the Rural Credit Manual (MCR),
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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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