Resolution CMN No. 5268 — Amends Rules on Social, Environmental and Climatic Impediments in the Manual of Rural Credit

Resolution No. 5,268

The current text of the MCR is available at the following website: www3.bcb.gov.br/mcr.

RESOLUTION
CMN No. 5,268,
OF DECEMBER 18, 2025

Amends rules of Section 9 (Social, Environmental and Climatic Impediments) of Chapter 2 (Basic Conditions) of the Manual of Rural Credit – MCR.

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 December 18 2025, considering the provisions of Article 4, caput, item VI, of Law No. 4,595, of December 31, 1964, Articles 4 and 14 of Law No. 4,829, of November 5, 1965, Articles 48 and 49 of Law No. 8,171, of January 17, 1991, Decree No. 4,887, of November 20, 2003, Article 1-A of Law No. 12,651, of May 25, 2012, and Article 68 of the Transitory Constitutional Provisions Act,

R E S O L V E S:

Art. 1 The Section 9 (Social, Environmental and Climatic Impediments) of Chapter 2 (Basic Conditions) of the Manual of Rural Credit – MCR shall be in effect with the following changes:

“4 - The granting, maintenance, extension or renewal of rural credit operations, including the provision of guarantees, as well as leasing operations in the rural segment, is prohibited to any natural or legal person registered in the registry of employers who maintained workers in conditions analogous to those of slavery, established by the ministry responsible for said registry, due to a final administrative decision regarding the infringement notice.” (NR)

“5-A - Until June 30,
2028, based on Articles 17, § 2, 18,
caput, and 20, § 1, of
Law No. 9,985, of July 18, 2000, in the absence of a Management Plan published for Extractive Reserve – RESEX, National Forest and Sustainable Development Reserve, the consent published on the official website of the environmental agency responsible for the management of the Conservation Unit – UC, issued for traditional peoples and communities beneficiaries of the respective UC, shall be admitted for the granting of rural credit, provided that:

a) the operations are contracted within the scope of the National Program for Strengthening Family Agriculture – Pronaf; and

b) the productive activities destined to the implementation of sustainable practices are compatible with the objectives of creating the Unit.” (NR)

“8 - For the purposes of compliance with the provisions of Article 68 of the Transitory Constitutional Provisions Act and Decree No. 4,887, of November 20, 2003, rural credit shall not be granted to an enterprise located on a rural property totally or partially included in lands titled, or with partial title, by descendants of quilombo communities.” (NR)

“15 - The prohibition set forth in item 14 does not cover:

a) rural properties registered in the real estate registry; and

b) properties with up to fifteen fiscal modules, provided that native vegetation is maintained in the area of Public Forest Type B and the area occupied by the enterprise to be financed is not included, totally or partially, in the respective Public Forest.” (NR)

“17 - The financial institution must verify whether there has been suppression of native vegetation after July 31 2019 on the rural property where the enterprise will be conducted, by means of consulting the information obtained and made available by the Ministry of Environment and Climate Change, from the database of the Project for Monitoring Deforestation in Legal Amazon by Satellite – PRODES of the National Institute for Space Research, observing that this requirement will begin on:

a) April 1,
2026, when it concerns properties with an area greater than four fiscal modules; and

b) January 4, 2027, when it concerns properties with an area of up to four fiscal modules.” (NR)

“19 - The rural credit contract must provide that, in case of non-compliance with any obligations provided for in this section during the validity of the financing, the operation may be disqualified in the manner of MCR 2-8.” (NR)

Art. 2 Item 10 of Section 2 (Beneficiaries) of
Chapter 1 (Preliminary Provisions) of the MCR is hereby revoked.

Art.
3 This Resolution enters into force on January 2, 2026.

GABRIEL
MURICCA GALÍPOLO

President of the Central Bank of Brazil