Normative Instruction BCB No. 576 — Amends the Filling Instructions and Layout of Document Code 2061 – Operational Limits Statement (DLO)

BCB NORMATIVE INSTRUCTION NO. 576, OF DECEMBER 23, 2024

Amends the Filling Instructions and the Layout of document code 2061 – Operational Limits Statement (DLO), governed by BCB Normative Instruction No. 81, of February 23, 2021.

The Head of the Department of Financial System Monitoring – Desig, in the exercise of the authority conferred by Article 23, item I, letter “a”, of the Internal Regulations of the Central Bank of Brazil, published through BCB Resolution No. 340, of September 21, 2023, based on Article 85, item I, letter “b” of said Regulations, and considering the provisions of CMN Resolution No. 5,199, of December 23, 2024, BCB Resolution No. 448, of December 23, 2024, and BCB Normative Instruction No. 81, of February 23, 2021,

RESOLVES:

Art. 1. The new versions of the Filling Instructions and the Layout of document code 2061 – Operational Limits Statement – DLO, available on the Central Bank of Brazil’s website at the electronic address https://www.bcb.gov.br/estabilidadefinanceira/leiautedocumentoscrd, shall enter into force as of the January 2025 reporting base.

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

I - in Chapter V - Tables:

a) in Table 003 - Accounts:

1. in item A) Detailing of Reference Equity (PR):

1.1. alteration of the description of the function of account 111; and

1.2. inclusion of accounts 111.10 and 111.10.01.

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

I - in Annex 003 - Account Code: inclusion of accounts 111.10 and 111.10.01.

Art. 4. This Normative Instruction enters into force on January 1, 2025.

ANDRÉ MAURÍCIO TRINDADE DA ROCHA

NOTE

The Operational Limits Statement – DLO, document code 2061, whose normative basis is BCB Resolution No. 69, of February 10, 2021, reflects the prudential regulation provided for in several Resolutions issued by the National Monetary Council – CMN and by the Central Bank of Brazil – BCB, and BCB Normative Instruction No. 81, of February 23, 2021, aims to present, in a synthetic manner, the information regarding the details of the calculation of the limits monitored by the BCB, as of the calculation reporting base.

2. For each limit, document code 2061 contains two sets of information: i) calculation of the institution's situation; and ii) calculation of the regulatory requirement and the margin (or insufficiency) of the institution relative to the considered limit. The aforementioned document is composed of various accounts that must be filled in by financial institutions and other institutions authorized to operate by the Central Bank of Brazil.

3. CMN Resolution No. 5,199, of December 23, 2024, and BCB Resolution No. 448, of December 23, 2024, promoted adjustments to the definition of principal capital, established by CMN Resolutions Nos. 4,606, of October 19, 2017, and 4,955, of October 21, 2021, including the absolute value of any negative adjustment recorded in net equity, resulting from the application of the new model for provisioning losses associated with credit risk. Such adjustment must be net of fiscal effects and reflect the expansion of the range of financial instruments, in compliance with CMN Resolution No. 4,966, of November 25, 2021, and the floors established by this Autarchy in BCB Resolution No. 352, of November 23, 2023. In light of this, it was necessary to promote editorial adjustments to the filling instructions and the layout of the DLO.

4. Thus, the present BCB Normative Instruction – IN BCB aims to create two accounts for the calculation of Reference Equity – PR, in order to comply with the new normative command. These accounts will serve, respectively, for recording the balance as of January 1, 2025, and for the balance valid for principal capital, ensuring greater transparency and compliance with new regulatory guidelines.

5. Decree No. 10,411, of June 30, 2020, regulates the conduct of regulatory impact analysis – AIR as a prerequisite for the issuance of normative acts. However, in its Article 4, the Decree establishes the hypotheses for dispensing with the conduct of AIR. The present BCB NI falls under the hypothesis provided for in II – normative act intended to regulate rights or obligations defined in a hierarchically superior norm that does not allow, technically or legally, different regulatory alternatives.

6. Considering the issuance of the normative acts cited in paragraph 3, which establish the procedures for the monthly calculation of PR and principal capital, and aiming to enable institutions to correctly calculate and report the requested values, there is no alternative other than to alter document 2160, thus justifying the classification of the present Normative Instruction under item II of Article 4 of Decree No. 10,411, of 2020.

7. Thus, based on the provisions in paragraphs 5 and 6, I understand that the issuance of the present BCB Normative Instruction is exempt from the conduct of AIR.

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