RegAlert2022-11-25 | Resolução CMN 5044Added
Resolution CMN No. 5044 — Provisions on the Collection of Savings Deposits
Resolution CMN No. 5044 establishes the rules for collecting savings deposits within the Brazilian Savings and Loan System (SBPE) and rural savings. It sets a daily balance limit of 10% for institutions authorized to collect rural savings collecting SBPE deposits, and a similar 10% limit for SBPE institutions collecting rural savings, with specific amortization schedules for balances resulting from mergers. The resolution also defines eligibility criteria based on adjusted net equity for credit cooperatives to obtain authorization to collect savings deposits and revokes eleven previous resolutions.
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RESOLUTION CMN NO. 5,044, OF NOVEMBER 25, 2022
Provisions on the collection of savings deposits.
The Central Bank of Brazil, in accordance with Art. 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in a session held on November 24, 2022, based on Arts. 4, items VI and VIII, of the aforementioned Law, 95, main text and § 2, item I, of Law No. 13,097, of January 19, 2015, 12, items III and V, of Complementary Law No. 130, of April 17, 2009, and 4, item I, of Law No. 4,829, of November 5, 1965,
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Lineage: In force
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