Resolution CMN No. 4593 — Provides for the registration and centralized deposit of financial assets and securities by financial institutions and other entities authorized to operate by the Central Bank of Brazil, as well as the provision of financial‑asset custody services

Financial institutions and other entities authorized by the Central Bank of Brazil must register and, when required, centrally deposit financial assets and securities issued in Brazil, with registration to be completed by the second business day after issuance and deposit required for assets to be traded on a centralized electronic platform; the resolution also defines custody service obligations, sets exemption thresholds for Bank Deposit Receipts, mandates reconciliation of information, and revokes Resolutions No. 1,779 (1990), 3,272 (2005) and 3,307 (2005). The rules become effective 180 days after publication.

BCB published 15 documents in the last 30 days — get each new one by email the day it lands.

RESOLUTION CMN No. 4593

The Central Bank of Brazil, pursuant to art. 9 of Law No. 4,595 of 31 December 1964, makes public that the National Monetary Council, in a session held on 28 August 2017, based on arts. 4, item VIII, of the said Law, and 2, items II and III, and 10, item VIII, of Law No. 4,728 of 14 July 1965, and 26‑A of Law No. 12,810 of 15 May 2013,

RESOLVES

CHAPTER I

OBJECT AND SCOPE

Art. 1 This Resolution provides for the registration and centralized deposit of financial assets and securities by financial institutions and other entities authorized to operate by the Central Bank of Brazil, issued in the Country, as well as for the provision of financial‑asset custody services by those institutions.

Read the rest free, and get an email when BCB publishes again

Email me when BCB publishes something newOne email per publication, same day. Sign in below to keep reading.

Lineage: Amended

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Timeline

Amended 1 time · last 2019-06-27

2019-06-27BCBResolution CMN No. 4734 — Establishes Conditions and Procedures for Discounting Receivables of Payment Arrangements in the Brazilian Payment System Based on Postpaid Accounts and Demand Deposit Accounts, and Credit Operations Secured by Such Receivablesamends

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