Normative Instruction BCB No. 551 of November 19, 2024

NORMATIVE INSTRUCTION BCB NO. 551, OF NOVEMBER 19, 2024

Amends the Filling Instructions and the layout of document code 2062 - Individual Operational Limits Statement - DLI, as provided for in Normative Instruction BCB No. 85, of March 10, 2021.

The Head of the Financial System Monitoring Department - DESIG, in exercise of the authority conferred upon him by Article 23, item I, letter “a”, of the Internal Regulations of the Central Bank of Brazil, published through Resolution BCB No. 340, of September 21, 2023, based on Article 85, item I, letter “b”, of the aforementioned Regulations, and in view of the provisions of CMN Resolutions Nos. 5,051, of November 25, 2022, 5,131, of April 25, 2024, and 5,169, of August 22, 2024, and BCB Resolutions Nos. 407, of August 2, 2024, and 421, of October 9, 2024,

RESOLVES:

Art. 1. New versions of the Filling Instructions and the Layout of document code 2062 - Individual Operational Limits Statement - DLI, available on the Central Bank of Brazil’s internet page, at the electronic address https://www.bcb.gov.br/estabilidadefinanceira/leiautedocumentoscrd, shall enter into force, starting from the data base of November 2024.

Art. 2. The following modifications were made to the Filling Instructions:

I - in Chapter II - General Guidelines:

a) alteration of the table in item 3; and

b) inclusion of normative citation in item 8-a;

II - in Chapter IV - Specific Guidelines:

a) inclusion of normative citations in items 1 and 1-c;

b) alteration of items 5, 5-a, 5-b, 8 and 8-b; and

III - in Chapter V - Tables:

a) in Table 001 - Limits: inclusion of codes 11.00, 12.00, 77.00 and 78.00; and

b) in Table 003 - Accounts:

1. inclusion of the description of the account block for items A, A1, A2, A3, A4, A5 and A6;

2. alteration in accounts of items A1, A2, A3, A5, A6, B1, C, F, I, J, K, L, M, N and O;

3. alteration in accounts and normative bases of item A4 and B;

4. alteration in the denomination of item A4;

5. inclusion of sub-items B2, B3, M1, M2;

6. inclusion of account 6.90.40.05 in items A1, A2, A3, A4, A5 and A6;

7. inclusion of accounts 8.90.40, 8.90.40.01, 8.90.40.02, 8.90.40.03, 8.90.40.04, 8.90.40.05 and 8.90.40.90 in item B;

8. inclusion of account 38.90.40.05 in item I;

9. inclusion of accounts 39.90.40, 39.90.40.01, 39.90.40.02, 39.90.40.03, 39.90.40.04, 39.90.40.05 and 39.90.40.90 in item J;

10. inclusion of account 56.90.20.05 in item K;

11. inclusion of accounts 58.90.20, 58.90.20.01, 58.90.20.02, 58.90.20.03, 58.90.20.04, 58.90.20.05 and 58.90.20.90 in item L;

12. inclusion of account 76.90.10.05 in item M;

13. inclusion of accounts 91.90.20, 91.90.20.01, 91.90.20.02, 91.90.20.03, 91.90.20.04, 91.90.20.05 and 91.90.20.90 in item N; and

14. inclusion of account 92.90.20.05 in item O.

Art. 3. The following modifications were made to the Layout:

I - in Annex 2 - Limits: inclusion of codes 11.00, 12.00, 77.00 and 78.00; and

II - in Annex 4 - Accounts:

a) alteration of the denomination of accounts 6.90.03 and 76.90.02; and

b) inclusion of accounts 6.90.40.05, 8.90.40, 8.90.40.01, 8.90.40.02, 8.90.40.03, 8.90.40.04, 8.90.40.05, 8.90.40.90, 11.00.00, 11.10.00, 11.10.10, 11.90.00, 12.00.00, 12.10.00, 12.10.10.01, 12.10.10.02, 12.10.10.90, 12.90.00, 38.90.40.05, 39.90.40, 39.90.40.01, 39.90.40.02, 39.90.40.03, 39.90.40.04, 39.90.40.05, 39.90.40.90, 56.90.20.05, 58.90.20, 58.90.20.01, 58.90.20.02, 58.90.20.03, 58.90.20.04, 58.90.20.05, 58.90.20.90, 76.90.10.05, 77.00.00, 77.10.00, 77.10.10, 77.90.00, 78.00.00, 78.10.00, 78.90.00, 78.90.01, 78.90.02, 78.90.03, 78.90.04, 78.90.05, 78.90.06, 78.90.10, 78.90.10.01, 78.90.10.02, 78.90.10.03, 78.90.10.04, 78.90.10.05, 78.90.10.90, 91.90.20, 91.90.20.01, 91.90.20.02, 91.90.20.03, 91.90.20.04, 91.90.20.05, 91.90.20.90 and 92.90.20.05.

Art. 4. This Normative Instruction enters into force on the date of its publication.

ANDRÉ MAURÍCIO TRINDADE DA ROCHA

NOTE

The Individual Operational Limits Statement - DLI, document code 2062, whose normative basis is Resolution BCB No. 69, of February 10, 2021, reflects the prudential regulation established in various resolutions issued by the National Monetary Council - CMN and by the Central Bank of Brazil - BCB. Normative Instruction BCB - IN BCB No. 85, of March 10, 2021, aims to present, in a concise manner, the procedures for sending information regarding the details of the calculation of individual limits monitored by the BCB on the calculation data base.

2. On October 9, 2024, Resolution BCB No. 421 was published, modifying Resolution BCB No. 69, of 2021, which alters and consolidates the procedures for sending information regarding the calculation of limits and regulatory standards specified. The aforementioned Resolution determined the sending of information on new limits based on CMN Resolution No. 5,131, of April 25, 2024, which defined the limit of paid-in capital of credit cooperatives, and on CMN Resolution No. 5,169, of August 22, 2024, which established the limits applicable to the issuance of Development Credit Letter - LCD.

3. Additionally, Resolution BCB No. 80, of March 25, 2021, which regulates the constitution and functioning of payment institutions and provides for the provision of payment services, was amended by Resolution BCB No. 407, of August 2, 2024. With the issuance of the aforementioned Resolution, it became necessary to include in the DLI new information regarding the minimum net worth and minimum paid-in capital of financial institutions providing payment services.

4. Given these changes, it was necessary to issue the present Normative Instruction with the following alterations in the filling instructions and layout of the DLI:

I - inclusion of accounts for detailing the annual limit and the total limit of issuance of development credit letters (LCD);

II - inclusion of accounts for detailing the limit of credit operations with sharing of resources and risks of credit cooperatives and detailing the limit of minimum paid-in social capital of credit cooperatives;

III - alterations in descriptions and inclusion of accounts related to the minimum net worth and minimum paid-in capital of financial institutions providing payment services; and

IV - text updates and normative citations.

5. It should be noted that the aforementioned alterations were previously submitted to the analysis of the Information Governance Office - Eginf, on three distinct occasions, which, in turn, forwarded them for review by the Information Governance Committee - CGI, having been approved on July 17, 2024, September 17, 2024, and October 25, 2024.

6. Decree No. 10,411, of June 30, 2020, regulates the carrying out of Regulatory Impact Analysis - AIR as a prerequisite for the issuance of normative acts. However, its Article 4 establishes the hypotheses for exemption from carrying out AIR. The present IN BCB falls under the hypothesis provided for in item V - normative act that aims to preserve liquidity, solvency or soundness: b) of the financial, capital and foreign exchange markets.

7. In view of the issuance of the normative acts cited in paragraphs 2 and 3, which establish the limits for carrying out credit operations with sharing of resources and risks, as well as the provisions regarding the issuance of LCD, and the alterations regarding the minimum net worth and minimum paid-in capital of financial institutions providing payment services, as described in paragraph 3, it becomes necessary to alter the DLI so that institutions can send this information monthly to the Central Bank.

8. These measures aim to ensure the adequate monitoring of limits, so as to prevent institutions from presenting exposures that put their solidity at risk, which, considering the interconnections existing in the National Financial System - SFN, could result in contagion and systemic risks, negatively impacting the soundness of the SFN. Therefore, it is fundamental that this Central Bank monitors compliance with the established limits, as is already the case with other operational limits, thus justifying the inclusion under Article 4, item V, letter “b”, of Decree No. 10,411, of 2020.

9. Thus, based on the provisions of paragraphs 6 to 8, I understand that the issuance of the present Normative Instruction is exempt from carrying out AIR.

ANDRÉ MAURÍCIO TRINDADE DA ROCHA
Head of the Financial System Monitoring Department