2024-12-16 | Instrução Normativa BCB 565Added
This instruction adds the accounting item "Development Credit Letters" (account code 9.8.2.10.01.10-0) to Annex IV of Normative Instruction BCB No. 433/2023 to allow financial institutions to track contractual balances for FGC guarantee purposes. The change is necessitated by the inclusion of Development Credit Letters in the ordinary guarantee instruments of the Credit Guarantee Fund following Resolution CMN No. 5.184/2024. The regulation enters into force on January 1, 2025.
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Changes to Cosif
NORMATIVE INSTRUCTION BCB NO. 565, OF DECEMBER 16, 2024
Amends Normative Instruction BCB No. 433, of December 1, 2023, which defines the accounting items of the Passive Compensation group of the account list of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif) for use by financial institutions and other institutions authorized to operate by the Central Bank of Brazil.
The Head of the Financial System Regulation Department (Denor), using the authority conferred 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 CMN Resolution No. 4.858, of October 23, 2020, and 10 of BCB Resolution No. 92, of May 6, 2021,
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