Resolution BCB No. 8 — Criteria and Conditions for Measurement, Recognition, and Disclosure of Share-Based Payment Transactions

Resolution No. 8

RESOLUTION BCB
NO. 8, OF AUGUST 12, 2020

Dispenses with the criteria and conditions for measurement, recognition, and disclosure of share-based payment transactions carried out by payment institutions and consortium administrators.

Dispenses with the criteria and conditions for measurement, recognition, and disclosure of share-based payment transactions carried out by consortium administrators, payment institutions, securities brokerage firms, securities distribution firms, and currency brokerage firms authorized to operate by the Central Bank of Brazil. (Amended, effective March 1, 2024, by Resolution BCB No. 367, of January 25, 2024.)

Dispenses with the criteria and conditions for measurement, recognition, and disclosure of share-based payment transactions carried out by institutions required to use the Accounting Standard of Institutions Regulated by the Central Bank of Brazil – Cosif, by force of Resolution BCB No. 92, of May 6, 2021. (Amended by Resolution BCB No. 553, of March 3, 2026.)

The Collegiate Board of the Central Bank of Brazil, in a session held on August 12, 2020, based on arts. 6 and 7, item III, of Law No. 11,795, of October 8, 2008, 9, item II, and 15 of Law No. 12,865, of October 9, 2013,

R E S O L V E S:

Art. 1. Payment institutions and consortium administrators must observe Technical Pronouncement CPC 10 (R1) – Share-Based Payment, approved by the Accounting Pronouncements Committee (CPC) on December 3, 2010, in the measurement, recognition, and disclosure of share-based payment transactions.

Art. 1. The institutions authorized to operate by the Central Bank of Brazil listed below must observe Technical Pronouncement CPC 10 (R1) – Share-Based Payment, approved by the Accounting Pronouncements Committee (CPC) on December 3, 2010, in the measurement, recognition, and disclosure of share-based payment transactions: (Amended, effective March 1, 2024, by Resolution BCB No. 367, of January 25, 2024.)

Art. 1. Institutions required to use the Accounting Standard of Institutions Regulated by the Central Bank of Brazil – Cosif under the terms of art. 1, caput, item I, of Resolution BCB No. 92, of May 6, 2021, must observe Technical Pronouncement CPC 10 (R1) – Share-Based Payment, approved by the Accounting Pronouncements Committee – CPC on December 3, 2010, in the measurement, recognition, and disclosure of share-based payment transactions. (Amended by Resolution BCB No. 553, of March 3, 2026.)

I - consortium administrators; (Included, effective March 1, 2024, by Resolution BCB No. 367, of January 25, 2024.)

I - (Revoked by Resolution BCB No. 553, of March 3, 2026.)

II - payment institutions; (Included, effective March 1, 2024, by Resolution BCB No. 367, of January 25, 2024.)

II - (Revoked by Resolution BCB No. 553, of March 3, 2026.)

III - securities brokerage firms; (Included, effective March 1, 2024, by Resolution BCB No. 367, of January 25, 2024.)

III - (Revoked by Resolution BCB No. 553, of March 3, 2026.)

IV - securities distribution firms; and (Included, effective March 1, 2024, by Resolution BCB No. 367, of January 25, 2024.)

IV - (Revoked by Resolution BCB No. 553, of March 3, 2026.)

V - currency brokerage firms. (Included, effective March 1, 2024, by Resolution BCB No. 367, of January 25, 2024.)

V - (Revoked by Resolution BCB No. 553, of March 3, 2026.)

§ 1. The technical pronouncements cited in the text of Pronouncement CPC 10 (R1), while not also received by specific act of the Central Bank of Brazil, cannot be applied.

§ 2. References to other CPC pronouncements in the text of Pronouncement CPC 10 (R1) must be interpreted, for the purposes of this Resolution, as references to other pronouncements of the Committee that have been received by specific act of the Central Bank of Brazil, as well as to the provisions of the Accounting Plan of Institutions of the National Financial System (Cosif) that establish accounting criteria related to the pronouncements subject to the references.

§ 2. References to other CPC pronouncements in the text of Pronouncement CPC 10 (R1) must be interpreted, for the purposes of this Resolution, as references to other pronouncements of the Committee that have been received by specific act of the Central Bank of Brazil, as well as to the provisions of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif) that establish accounting criteria related to the pronouncements subject to the references. (Amended, effective March 1, 2024, by Resolution BCB No. 367, of January 25, 2024.)

Art. 2. This Resolution enters into force on January 1, 2021.

Otávio Ribeiro Damaso
Director of Regulation