2013-05-23 | Resolução CMN 4222

Added 2026-09-25

Resolution CMN No. 4222 — Amends and Consolidates the Statute and Bylaws of the Credit Guarantee Fund (FGC)

Resolution CMN No. 4222 amends and consolidates the statutes and bylaws of the Credit Guarantee Fund (FGC) and establishes contribution rates and deposit limits for affiliated institutions. It sets the ordinary monthly contribution at 0.0125% of guaranteed balances and defines special contributions for Special Guarantee Deposits (DPGE) ranging from 0.0833% to 0.8333% per month depending on exposure limits. The resolution mandates a phased reduction of the limit for uncollateralized special guarantee deposits, requiring 100% collateralization by January 1, 2016, while establishing specific caps on total deposit balances relative to Reference Equity. It also updates the FGC's governance structure, investment limits, and membership criteria for financial institutions operating in Brazil.

Brazil

Banco Central do Brasil

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The Central Bank of Brazil, pursuant to Article 9 of Law No. 4,595 of December 31, 1964, makes public that the National Monetary Council, in a session held on May 23, 2013, based on Articles 3, item VI, and 4, item VIII, of Law No. 4,595 of 1964, Article 69 of Law No. 7,357 of September 2, 1985, and Article 7 of Decree-Law No. 2,291 of November 21, 1986, and taking into account the provisions of § 1 of Article 28 of Complementary Law No. 101 of May 4, 2000, and § 1, item XIII, of Article 1 of Complementary Law No. 105 of January 10, 2001,

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Show all related documents (18)

Supersedes: Resolution No. 4087 dated 2012-05-24not in RegAlertResolution No. 4115 dated 2012-07-26not in RegAlert
Amended by: CMN Resolution No. 5,295 of April 23, 20262026 CMN Resolution No. 5,279 — Amending Annexes I and II of Resolution No. 4,222 to Improve FGC Governance and Depositor Protection2026 CMN Resolution No. 5,196 — Amends Annex I of Resolution No. 4,222 of May 23, 2013, regarding the Statute of the Credit Guarantee Fund – FGC, to govern partnerships with private entities and public administration bodies2024 CMN Resolution No. 5,114 of December 21, 2023: Amendments to Resolution No. 4,222/2013 Regarding FGC-Associated Institutions' Federal Government Securities Allocation and DPGE Issuance Limits2023 CMN Resolution No. 4805 - Amends Resolution No. 4,222 and the FGC Regulations to Authorize Special Guarantee Time Deposits Between Associated Financial Institutions2020
Amends: Resolution No. 2197 dated 1995-08-31not in RegAlert
Issued under: Act No. 2291 dated 1986-11-21not in RegAlertLaw No. 4595 dated 1964-12-31not in RegAlertLaw No. 7357 dated 1985-09-02not in RegAlert
Basis for: Normative Instruction BCB No. 751 — Discloses the Accounting Lines of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil – Cosif, Used as the Basis for Calculating Ordinary, Special, and Additional Contributions to the Credit Guarantee Fund – FGC2026 Circular No. 4023 — Amends Circular No. 3,929 of February 13, 2019, regarding the calculation and payment of contributions to the Credit Guarantee Fund (FGC)2020 Circular Letter No. 4053 - Amends Annex II to Circular Letter No. 3.611 of September 2, 2013, regarding the Accounting Plan titles and subtitles used for calculating ordinary and special contributions2020 Circular Letter No. 4050 — Creation of Accounting Entries in the National Financial System Accounting Plan for Time Deposits with Special Guarantee (DPGE), LTEL, and DPGE Operations2020 Circular No. 3929 — Amends and consolidates the rules relating to the determination of the calculation base and the collection of contributions of institutions associated with the Credit Guarantee Fund (FGC)2019 Circular No. 3666 — Amends and consolidates the rules relating to the calculation of the tax base and the collection of contributions of institutions associated with the Credit Guarantee Fund (FGC)2013
Refers to: Complementary Law No. 105 of January 10, 2001 — Secrecy of Operations of Financial Institutions2001

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Amended 5 times · last 2026-04-23

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