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1996-06-05 | Resolução CMN 2283

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Resolution CMN No. 2283 — Consolidated Calculation of Operational Limits and Permanent Asset Application Cap

Resolution CMN No. 2283 allows financial institutions within a conglomerate to calculate operational limits, including permanent asset application, on a consolidated basis. It establishes a cap limiting permanent asset applications to 90% of adjusted net worth, with a phased reduction to 60% by June 30, 2002. The resolution also defines notification procedures for adopting or reverting to consolidated calculations and repeals several prior resolutions and circulars.

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RESOLUTION NO. 2283

Provides for the consolidated calculation of operational limits and establishes a limit on the application of resources in Permanent Assets.

The CENTRAL BANK OF BRAZIL, in accordance with Article 9 of Law No. 4,595 of December 31, 1964, makes public that the MONETARY COUNCIL, in a session held on June 5, 1996, having regard to the provisions of Article 4, items VIII and XI, of the aforementioned Law,

RESOLVES:

Article 1. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil, which are part of a conglomerate, are permitted to calculate, based on consolidated financial data, the following operational limits:

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Lineage: Superseded

Law No. 4595 dated 1964-12-31not in RegAlertResolution CMN No. 2122 — Appro…1994Circular No. 2571 dated 1995-05…not in RegAlertResolution dated 1992-07-29not in RegAlertResolution dated 1993-06-30not in RegAlertResolution dated 1994-08-17not in RegAlertResolution No. 1820 dated 1991-…not in RegAlertResolution CMN No. 2283 —Consolidated Calculation of O…1996-06-05 · this documentResolution CMN No. 2723 — Estab…2000CMN Resolution No. 4193 — Regul…2013Resolution CMN No. 4606 — Simpl…2017BCB Resolution No. 69 — Amends …2021Resolution CMN No. 4,957 — Esta…2021Circular No. 3398 — Establishes…2008
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Timeline

Amended 1 time · last 2021-10-21

This document amends: Resolution CMN No. 2122 — Approves the constitution, organization and operation of mortgage companies

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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