03 Jun BACEN’s Circular N°4,024 changes Circular N°3,644 of March 4, 2013

Posted at 10:43h in Regulatory Changes – LATAM by

June 3, 2020 – BACEN’s Circular N° 4,024 changes the credit risk rules, regulated by Circular No. 3,644, of March 4, 2013, regarding to:

  • Transactions with central governments of foreign jurisdictions and respective central banks, as well as bonds and securities issued by them.
  • Amounts held in kind in foreign currencies
  • Credit operations to be amortized based on the resources of the Energy Development Account (CDEc) the CDE quotas.

 

Jurisdictions affected: Brazil

For more information, visit Banco Central do Brasil.

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