BRZ CB published Resolutions 437 and 438 to establish procedures for calculating the portion of risk-weighted assets re credit risk exposures subject to capital requirement.
Highlights
Set procedures to calculate the risk-weighted assets (RWA) portion re exposures to credit risk subject to calculation of capital requirement through standardized approach.
RWA portion must correspond to the sum of products by Risk Weighting Factors (FPR).
The portion calculation must be conducted with data recorded per accounting rules.
Information recorded in equity accounts that record liabilities should not be used.
Excepting elements not recorded in the balance sheet, equity, in income statements.
The value used corresponds to the balance of the accounting items, unless specified.
Resolution 438 amends Resolution 229, which established RWA calculation procedures.
Revocation
Resolution 437 revoked Circular 3.862 of Dec. 7, 2017.
Resolution 438 revoked sole paragraph of Article 8; paragraphs 1 and 2 of Article 9.
Effectiveness
Resolution 437 shall come into force on Jan. 1, 2025.
Resolution 438 shall come into force on Jan. 2, 2025.
