RegAlert
2008-05-29 | Resolução CMN 3568

Added

Resolution CMN No. 3568 — Regulates the foreign exchange market and provides other measures

Resolution CMN No. 3568 establishes the legal framework for the Brazilian foreign exchange market, defining authorized institutions, permitted operations, and regulatory obligations. It sets specific monetary thresholds, including a US$50,000 limit for simplified exchange operations by certain entities and a US$3,000 exemption from documentation requirements for small transactions. The resolution mandates registration in the Central Bank Information System (Sisbacen) for international transfers and foreign currency accounts, while revoking previous resolutions to consolidate foreign exchange regulations effective July 1, 2008.

Banco Central do Brasil logo

Brazil

Banco Central do Brasil

Scan of the document's first page
Share

BCB published 15 documents in the last 30 days — get each new one by email the day it lands.

RESOLUTION NO. 003568

Regulates the foreign exchange market and provides other measures.

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 May 29, 2008, based on Article 4, items V, VIII, and XXXI of the aforementioned Law, Laws Nos. 8,880 of May 27, 1994, 9,069 of June 29, 1995, 10,192 of February 14, 2001, Decree-Laws Nos. 857 of September 11, 1969, 1,060 of October 21, 1969, and taking into account the provisions of Laws Nos. 4,131 of September 3, 1962, 7,766 of May 11, 1989, 9,613 of March 3, 1998, and 11,371 of November 28, 2006, Decree-Law No. 9,025 of February 27, 1946, and Decrees Nos. 23,258 of October 19, 1933, 42,820 of December 16, 1957, and 55,762 of February 17, 1965,

Read the rest free, and get an email when BCB publishes again

Lineage: Amended

Law No. 10192 dated 2001-02-14not in RegAlertLaw No. 11371 dated 2006-11-28not in RegAlertLaw No. 4131 dated 1962-09-03not in RegAlert+7 moresee all below the graphLaw No. 9,613 of March 3, 1998 …1998Resolution CMN No. 3334 — Estab…2005Resolution No. 3265 dated 2005-…not in RegAlertResolution No. 3311 dated 2005-…not in RegAlertResolution No. 3356 dated 2006-…not in RegAlertResolution No. 3412 dated 2006-…not in RegAlertResolution No. 3417 dated 2006-…not in RegAlertResolution No. 3452 dated 2007-…not in RegAlertResolution CMN No. 3568 —Regulates the foreign exchang…2008-05-29 · this documentResolution CMN No. 3954 – Amend…2011CMN Resolution No. 4808 - Dispo…2020CMN Resolution No. 4,948 — Fore…2021Circular No. 4002 — Amends Circ…2020Circular No. 4019 — Amends Circ…2020Circular No. 4025 — Amends Circ…2020
amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it
Show all related documents (24)
Supersedes
Resolution CMN No. 3334 — Establishes rules for financial institutions and other entities authorized by the Central Bank of Brazil, and amends and revokes regulatory provisions and norms issued by the Central Bank of Brazil relating to investment funds2005Resolution No. 3265 dated 2005-03-04not in RegAlertResolution No. 3311 dated 2005-08-31not in RegAlertResolution No. 3356 dated 2006-03-31not in RegAlertResolution No. 3412 dated 2006-09-27not in RegAlertResolution No. 3417 dated 2006-10-27not in RegAlert
+1 moreResolution No. 3452 dated 2007-04-26not in RegAlert
Amended by
CMN Resolution No. 4,948 — Foreign Derivatives Operations by Financial Institutions2021CMN Resolution No. 4808 - Disposes on the Sale of Foreign Currency under Article 60-A, Paragraph 1 of Law No. 11,343 of August 23, 20062020Resolution CMN No. 3954 – Amends and consolidates the rules governing the hiring of correspondents in the country2011
Issued under
Law No. 10192 dated 2001-02-14not in RegAlertLaw No. 11371 dated 2006-11-28not in RegAlertLaw No. 4131 dated 1962-09-03not in RegAlertLaw No. 4595 dated 1964-12-31not in RegAlertLaw No. 7766 dated 1989-05-11not in RegAlertLaw No. 8880 dated 1994-05-27not in RegAlert
+4 moreLaw No. 9069 dated 1995-06-29not in RegAlertRegulation No. 1060 dated 1969-10-21not in RegAlertRegulation No. 857 dated 1969-09-11not in RegAlertRegulation No. 9025 dated 1946-02-27not in RegAlert
Basis for
Circular No. 4025 — Amends Circular No. 3,691 of December 16, 2013, Regarding the Disclosure of the Libor Rate by the Central Bank of Brazil2020Circular No. 4019 — Amends Circular No. 3.691 of December 16, 2013, Regarding the Foreign Exchange Market2020Circular No. 4002 — Amends Circular No. 3,691 of December 16, 2013, which regulates Resolution No. 3,568 of May 29, 2008, regarding the foreign exchange market, to adjust deadlines for foreign exchange operations2020
Refers to
Law No. 9,613 of March 3, 1998 — Money Laundering Crimes; Prevention of Financial System Use for These Illicit Acts; Creation of COAF1998

Timeline

Amended 3 times · last 2021-09-30

This document supersedes: Resolution CMN No. 3334 — Establishes rules for financial institutions and other entities authorized by the Central Bank of Brazil, and amends and revokes regulatory provisions and norms issued by the Central Bank of Brazil relating to investment funds

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

More like this from BCB

BCB published 15 documents in the last 30 days. We email you each new one the day it's published.

Topics
fx

FX rules change often. Get an email the day any regulator we track changes its foreign-exchange rules.