RegAlert2021-10-21 | Resolução CMN 4957Added · Updated
Resolution CMN No. 4,957 — Establishes Maximum Limit for Investment in Fixed Assets
Resolution CMN No. 4,957 establishes a maximum limit of 50% of Reference Equity for the amount of resources invested in Fixed Assets by financial institutions and other entities authorized by the Central Bank of Brazil. This limit must be observed permanently and on a consolidated basis for institutions within the same prudential conglomerate, with specific exclusions for leasing operations and certain entities like payment institutions. The resolution also permits the temporary leasing of unused own-use real estate and requires institutions to designate a director responsible for compliance, while revoking several prior resolutions effective January 3, 2022.
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VOTE
RESOLUTION
CMN NO. 4,957, OF OCTOBER 21, 2021
Establishes maximum limit for investment in Fixed Assets.
The Central Bank of Brazil, in accordance with Article 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in a session held on October 21, 2021, considering the provisions of Article 4, items VIII and XI, of the aforementioned Law,
RESOLVES:
Art. 1. This Resolution establishes the maximum limit for investment in Fixed Assets of financial institutions and other institutions authorized to operate by the Central Bank of Brazil.
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Lineage: In force
Timeline
This document supersedes: Resolution CMN No. 2283 — Consolidated Calculation of Operational Limits and Permanent Asset Application Cap
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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