RegAlert2014-04-25 | Resolução CMN 4327Added
Resolution CMN No. 4327 — Guidelines for Establishing and Implementing the Socio-Environmental Responsibility Policy by Financial Institutions
Resolution CMN No. 4327 establishes the guidelines for financial institutions and other entities authorized by the Central Bank of Brazil to establish and implement a Socio-Environmental Responsibility Policy (PRSA). The resolution mandates that institutions define socio-environmental risk management frameworks, maintain compatible governance structures, and designate a director responsible for PRSA compliance. Institutions subject to the Internal Capital Adequacy Assessment Process (ICAAP) must begin implementing their action plans by February 28, 2015, while other institutions must comply by July 31, 2015. The policy and its action plan require approval by the executive board and, where applicable, the board of directors, and must be reviewed every five years.
BCB published 15 documents in the last 30 days — get each new one by email the day it lands.
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 April 24, 2014, based on the provisions of Articles 4, items VI and VIII, of the aforementioned Law, Article 2, item VI, and Article 9 of Law No. 4,728 of July 14, 1965, Article 20, § 1, of Law No. 4,864 of November 29, 1965, Article 7 of Law No. 6,099 of September 12, 1974, Article 1, item II, of Law No. 10,194 of February 14, 2001, Article 1, § 1, and Article 12, item V, of Complementary Law No. 130 of April 17, 2009, and Article 6 of Decree-Law No. 759 of August 12, 1969,
Read the rest free, and get an email when BCB publishes again
Lineage: Amended
Show all related documents (11)
- Amended by
- CMN Resolution No. 4945 on the Social, Environmental and Climate Responsibility Policy (PRSAC)2021
- Issued under
- Complementary Law No. 130, of April 17, 2009 – National Cooperative Credit System2009Law 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 RegAlertLaw No. 759 dated 1969-08-12not in RegAlert
- Referred to by
- Circular No. 3979 — Establishes and updates the operational risk database and requires remittance to the Central Bank of Brazil of information on operational risk events2020Resolution CMN No. 4606 — Simplified Optional Methodology for Minimum Simplified Reference Equity (PRS5) Calculation and Simplified Risk Management Structure2017Circular No. 3846 — Establishes Procedures and Parameters for the Internal Capital Adequacy Assessment Process (ICAAP)2017Resolution CMN No. 4557 — Establishes the Risk Management Structure and Capital Management Structure2017
Timeline
Amended 1 time · last 2021-09-15
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.