2013-10-31 | Resolução CMN 4277

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Resolution CMN No. 4277 — Establishes Minimum Requirements and Prudential Adjustments for Market-Valued Financial Instruments

Resolution CMN No. 4277 establishes minimum requirements and prudential adjustments for the pricing of financial instruments valued at market price, applying to multiple banks, commercial banks, investment banks, exchange banks, savings banks, BNDES, and conglomerates containing at least one such bank. Institutions must implement prudent and reliable pricing systems with documented policies, independent verification, and integration with risk management processes. The resolution mandates the use of market valuation where possible, allowing model-based valuation only under strict conditions, and requires the deduction of prudential adjustments from Core Capital when not recognized for accounting purposes. The regulation enters into force on July 1, 2014.

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Law No. 10194 dated 2001-02-14not in RegAlertLaw No. 4595 dated 1964-12-31not in RegAlertLaw No. 4728 dated 1965-07-14not in RegAlert+3 moresee all below the graphResolution CMN No. 4277 —Establishes Minimum Requireme…2013-10-31 · this documentResolution BCB No. 171 — Global…2021Central Bank Resolution No. 303…2023CMN Resolution No. 4,955 — Esta…2021
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Issued under
Law No. 10194 dated 2001-02-14not in RegAlertLaw No. 4595 dated 1964-12-31not in RegAlertLaw No. 4728 dated 1965-07-14not in RegAlertLaw No. 4864 dated 1965-11-29not in RegAlertLaw No. 6099 dated 1974-09-12not in RegAlertRegulation No. 759 dated 1969-08-12not in RegAlert
Basis for
CMN Resolution No. 4,955 — Establishes the methodology for calculating Reference Equity (PR)2021
Referred to by
Central Bank Resolution No. 303 of March 16, 2023: Procedures for Calculating Risk-Weighted Assets for Credit Risk Exposures Under Internal Ratings-Based Approvals2023Resolution BCB No. 171 — Global Systemic Importance Assessment (GSIA) Information Calculation and Submission2021

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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