2001-03-30 | Resolução CMN 2827Added
Resolution CMN No. 2827 consolidates and redefines the rules for credit exposure to the public sector, limiting financial institutions' credit operations with public entities to 45% of Reference Equity (PR). It establishes specific thresholds for new credit operations with states, the Federal District, and municipalities, including limits based on Real Net Revenue and primary surplus requirements. The resolution prohibits credit operations with delinquent public entities or those lacking registration in the CADIP system and imposes penalties for non-compliance, including mandatory deposits to the Central Bank. A global limit of R$1 billion is set for new operations authorized under this resolution, with specific exclusions for certain guaranteed or BNDES-funded transactions.
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Consolidates and redefines the rules for the contingency of credit to the public sector.
The CENTRAL BANK OF BRAZIL, in accordance with Article 9 of Law No. 4,595, of December 31, 1964, makes public that the MONETARY POLICY COUNCIL, in a session held on March 29, 2001, considering the provisions of Article 4, items VI and VIII, of the aforementioned law, Laws No. 4,728, of July 14, 1965, and No. 6,385, of December 7, 1976, Decree-Laws No. 1,986, of December 28, 1982, and No. 2,285, of July 23, 1986, Articles 28 of Decree-Law No. 73, of November 21, 1966, Article 4 of Decree-Law No. 261, of February 28, 1967, and Articles 15 and 40 of Law No. 6,435, of July 15, 1977,
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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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