2020-12-23 | Resolução CMN 4883

Added 2026-09-28

Resolution CMN No. 4,883 — Consolidation of Provisions in Chapters 1, 2 and 3 of the Rural Credit Manual (MCR) Regarding Principles, Basic Concepts and Operations Applicable to Rural Credit

Resolution CMN No. 4,883 consolidates the provisions of Chapters 1, 2, and 3 of the Rural Credit Manual (MCR), establishing rules for authorization to operate in rural credit, beneficiary classifications, technical assistance, and basic conditions for rural credit operations. It defines producer categories based on annual gross agricultural revenue thresholds of R$415,000 and R$2,000,000, mandates the provision of geodetic coordinates for financed areas, and sets specific requirements for financial institutions regarding specialized sectors, technical advisory services, and the use of rural credit agents. The resolution also prohibits lending to entities linked to slave-like labor conditions and restricts fixed investment credit for foreign-controlled companies, entering into force on May 1, 2021.

Brazil

Banco Central do Brasil

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Resolution No. 4,652

The current text of the MCR is available at the following electronic address: www3.bcb.gov.br/mcr.

RESOLUTION CMN NO. 4,883, OF DECEMBER 23, 2020

Provides for the consolidation of the provisions inserted in Chapters 1, 2 and 3 of the Rural Credit Manual (MCR), regarding principles, basic concepts and operations applicable to rural credit.

The Central Bank of Brazil, in accordance with art. 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in a session held from December 18 to 23, 2020, taking into account the provisions of arts. 4, item VI, of the aforementioned Law, 4, 5 and 14 of Law No. 4,829, of November 5, 1965, and of art. 5 of Decree No. 10,139, of November 28, 2019,

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Lineage: Superseded

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Timeline

Amended 5 times · last 2021-06-22

• 2021-06-22BCBCMN Resolution No. 4915 — Adjusts Rules of the Agricultural Activity Guarantee Program Regarding Enterprise Concept, Credit Operation Classification, Additional Fee Refund, and Loss Verificationamends
• 2021-04-29BCBCMN Resolution No. 4,903 Revokes National Monetary Council Resolutions Currently Codified in the Rural Credit Manual (MCR)supersedes
• 2021-04-29BCBCMN Resolution No. 4,904 — Amends the Rural Credit Manual (MCR)amends
• 2021-04-29BCBCMN Resolution No. 4,905 — Establishes Criteria for Rural Credit Debt Extension by Financial Institutionsamends
• 2021-04-29BCBResolution CMN No. 4,906 — Exceptionally Raises Working Credit Limits for Corn and Sorghum Production for the 2021/2022 Agricultural Year and Authorizes FGPP Financing for Their Acquisitionamends

This document amends: CMN Resolution No. 2682 — Criteria for Classifying Credit Operations and Rules for Establishing Provisions for Doubtful Collection Credits

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