RegAlert2024-09-11 | Instrução Normativa BCB 521Added
Normative Instruction BCB No. 521 — Amends Circular Letter No. 3,853 of December 19, 2017
This instruction amends Circular Letter No. 3,853 of December 19, 2017, by updating specific accounting line items used to calculate the risk-weighted asset portion for simplified standardized approach credit risk capital requirements (RWARCSimp). The changes include adding gold assets and exposures, clarifying provisions for doubtful loans, and detailing accounting codes for acquired payment transaction rights and post-paid card receivables. It also specifies that payment institutions not part of a conglomerate and Type 2 prudential conglomerates must record zero for credit values to be released, aligning with their legal restriction on granting credit. The regulation enters into force on October 1, 2024.
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BCB NORMATIVE INSTRUCTION NO. 521, OF SEPTEMBER 11, 2024
Amends Circular Letter No. 3,853, of December 19, 2017, which details the accounting line items to be used in the calculation of the risk-weighted asset portion in the simplified form regarding exposures to credit risk subject to the calculation of the minimum capital requirement through the simplified standardized approach (RWARCSimp).
The Head of the Department of Prudential and Exchange Regulation (Dereg), using the powers conferred upon him by Art. 23, item I, letter “a”; and Art. 119, item I, letter “a”, of the Internal Regulations of the Central Bank of Brazil, annexed to Resolution BCB No. 340, of September 21, 2023, and having in view the provisions of Art. 11, item IV and sole paragraph, of Resolution No. 4,606, of October 19, 2017, in Circular No. 3,862, of December 7, 2017, in Art. 6, item I, of Resolution BCB No. 198, of March 11, 2022, and in Art. 9, item IV, of Resolution BCB No. 201, of March 11, 2022,
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Lineage: In force
Show all related documents (9)
- Amends
- Circular Letter No. 3853 — Details Accounting Items for Calculating the Risk-Weighted Assets Component (RWAS5) for Credit Risk Exposures under the Simplified Standardized Approach2017
- Issued under
- BCB Resolution No. 197 — Classifies prudential conglomerates including payment service institutions and establishes segmentation for Type 3 conglomerates for proportional prudential regulation2022Resolution CMN No. 4606 — Simplified Optional Methodology for Minimum Simplified Reference Equity (PRS5) Calculation and Simplified Risk Management Structure2017CMN Resolution No. 4553 — Establishes Segmentation of Financial Institutions for Proportional Prudential Regulation2017Decree No. 10411 dated 2020-06-30not in RegAlertResolution No. 198 dated 2022-03-11not in RegAlertResolution No. 340 dated 2023-09-21not in RegAlert
- Refers to
- BCB Resolution No. 201 — Simplified Optional Methodology for Minimum Simplified Reference Equity (PRS5) Requirements for Type 3 Institutions2022Circular No. 3862 — Establishes procedures for calculating the simplified risk-weighted assets portion (RWAS5) for credit risk exposures under the simplified standardized approach (RWARCSimp)2017
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