Normative Instruction BCB No. 583 — Amends MCR Document 4 (Summary of Judgment and Review of Coverage Request) of the Rural Credit Manual (MCR)

Resolution No. 222

The current text of the MCR is available at the following electronic address: www3.bcb.gov.br/mcr.

NORMATIVE INSTRUCTION
BCB No. 583, OF JANUARY 27, 2025

Amends the MCR - Document 4 (Summary of Judgment and Review of Coverage Request), of the Rural Credit Manual (MCR).

The Head of the Department of Regulation, Supervision and Control of Rural Credit and Proagro Operations (Derop), using the powers 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, and based on the provision of letter “m” of item 1 of Section 1 of Chapter 12 of the Rural Credit Manual (MCR),

RESOLVES:

Art. 1º The fields of the MCR - Document 4 shall enter into force with the following alterations:

“A - ............................................................................................................................

..................................................................................................................................

12. Additional Coverage Reduction (p.p.)

B -
..............................................................................................................................

..................................................................................................................................

15. Proven Area - Zarc Risk 20% (ha) or
    Proagro Plus with indication of Ater

..................................................................................................................................

19. Weighted Average of Zarc Abatements and
    Equilibrium Rate (%)” (NR)

Art. 2º The filling instructions for MCR - Document 4 shall enter into force with the following alterations:

“A -
............................................................................................................................

..................................................................................................................................

Field 12 - Additional Coverage Reduction:
register the percentage points (p.p.) of coverage reduction according to MCR 12-5-10-C, filling with 0 p.p. (zero percentage point), 20 p.p. (twenty percentage points) or 30 p.p. (thirty percentage points).

B -
..............................................................................................................................

..................................................................................................................................

Field 15 - Proven Area Zarc Risk 20%
(ha) or Proagro Plus with indication of Ater - Maximum coverage up to 85% (eighty five percent) of the coverage limit: register the dimension of the area where transplanting, emergence or sprouting of the crop effectively occurred in the decade corresponding to the 20% (twenty percent) risk of Zarc, coincident with the classified area, in hectares (ha) or of the area cultivated in operations classified under Proagro Plus with indication of Technical Assistance and Rural Extension (Ater) (MCR 12-2-8).

..................................................................................................................................

Field 19 - Weighted Average of Zarc Abatements and Equilibrium Rate: register the weighted average for the calculation of coverage abatements based on the areas of transplanting, emergence or sprouting according to Zarc risks and the additional deduction registered in field A12.

If A12=0 p.p., then:

B19 =
[(B1585%+B1675%+B1750%+B180%)/(B15+B16+B17+B18)]

If A12=20 p.p., then:

B19=[(B1565%+B1655%+B1730%+B180%)/(B15+B16+B17+B18)]

If A12=30 p.p., then:

B19=[(B1555%+B1645%+B1720%+B180%)/(B15+B16+B17+B18)]

C -
..............................................................................................................................

..................................................................................................................................

Field 13 - Coverage Due: register the result of the multiplication obtained between the sum of the values of fields C8, C10 and C11 and the value of field B19, with a view to applying the abatements provided for in MCR 12-5-10-B and MCR 12-5-10-C. C13=[(C8+C10+C11)*B19]” (NR)

Art. 3º The alterations established in this BCB Normative Instruction apply to coverage requests related to operations classified under Proagro starting from January 2, 2025.

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

CLAUDIO
FILGUEIRAS PACHECO MOREIRA

NOTE

This Normative Instruction (IN BCB) aims to adjust the MCR - Document 4 (Summary of Judgment and Review of Coverage Request), of the Rural Credit Manual (MCR), to align the procedures and formulas applicable in the calculation of coverage of the Agricultural Activity Guarantee Program with the adjustments promoted by Resolution CMN No. 5,198, of December 19, 2024.

2.           It is worth highlighting that, by virtue of art. 24 of Decree No. 10,411, of June 30, 2020, the issuance of normative acts by bodies and entities of the direct, autarchic and foundation federal public administration, from October 14, 2021, must be preceded by a Regulatory Impact Analysis (AIR). However, in its article 4º, the aforementioned decree establishes the hypotheses for dispensing with the realization of AIR. This BCB IN falls under the hypothesis provided for in item II, a normative act intended to regulate rights or obligations defined in a hierarchically superior norm that does not allow, technically or legally, different regulatory alternatives. Thus, based on item II of art. 4º of Decree No. 10,411, of 2020, it is understood that the issuance of this BCB IN dispenses with the realization of AIR.
   

CLAUDIO FILGUEIRAS PACHECO MOREIRA
Head of Derop