RegAlert2025-01-27 | Instrução Normativa BCB 583Added
Normative Instruction BCB No. 583 — Amends MCR Document 4 (Summary of Judgment and Review of Coverage Request) of the Rural Credit Manual (MCR)
Normative Instruction BCB No. 583 amends fields 12, 15, 19, and 13 of MCR Document 4 to update the calculation of coverage reductions and weighted averages based on Zarc risk levels and Proagro Plus indications. The instruction establishes specific percentage reductions (0, 20, or 30 percentage points) for additional coverage reduction and defines formulas for calculating the weighted average of Zarc abatements and equilibrium rates. These changes apply to coverage requests for operations under Proagro starting from January 2, 2025, with the instruction entering into force on the date of publication.
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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),
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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
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