RegAlert

Rule · BCB · 30 Jun 1995 · Resolução CMN 2168

Resolution CMN No. 2168 — Incidence of Financial Charges in SFH Financing Contracts

consumer
credit

Resolution CMN No. 2168 mandates that financial charges in housing finance contracts under the SFH system can only be applied from the moment funds are released to the property seller. This rule applies to all final borrowers in the system and takes effect immediately upon publication.

BrazilBanco Central do Brasil

RESOLUTION NO. 2168

Dispenses with the incidence of financial charges in financing contracts within the scope of the Housing Finance System - SFH.

The CENTRAL BANK OF BRAZIL, in accordance with Article 9 of Law No. 4,595 of December 31, 1964, makes it public that the MONETARY COUNCIL NATIONAL, in a session held on June 30, 1995, based on Article 7 of Decree-Law No. 2,291 of November 21, 1986,

RESOLVES:

Article 1. Determine that the incidence of financial charges established in financing contracts signed with final borrowers within the scope of the Housing Finance System (SFH) shall only occur from the release of funds to the property seller.

Article 2. This Resolution enters into force on the date of its publication.

Brasilia, June 30, 1995

Gustavo Jorge Laboissière Loyola
President

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A newer document in RegAlert replaces this one.

Lei n.º 4.595, de 31 de dezembrode 1964 — dispõe sobre a política…1964 · BR-LAWLei n.º 4.595, de 31 de dezembro de 1964 — dispõe sobre a política e as instituições monetárias, bancárias e creditícias (establishes the National Financial System and the Banco Central do Brasil) (1964-12-31)Decree-Law No. 2,291 of November21, 1986Not in RegAlertDecree-Law No. 2,291 of November 21, 1986 — Not in RegAlertResolution CMN No. 2168 —Incidence of Financial Charge…1995-06-30 · this documentResolution CMN No. 2168 — Incidence of Financial Charges in SFH Financing Contracts (1995-06-30)Resolution CMN No. 3706 — RealEstate Financing, Savings Resourc…2009 · BCBResolution CMN No. 3706 — Real Estate Financing, Savings Resources, and Microcredit (2009-03-27)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
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Amended 1 time · last 2009-03-27

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