INSURANCE AND OPEN SUPPLEMENTARY SOCIAL SECURITY
1) National Monetary Council - CMN RESOLUTION No. 4670, OF
6/14/2018
Amends Resolution no. 4444, of November 13, 2015, which sets the
rules for investment of the funds in the technical reserves,
provisions and funds of insurers, capitalization companies, open
supplementary social security entities, and local reinsurers, the
rules for investments of funds required in Brazil to guarantee the
obligations of the admitted reinsurers, and the rules for the
portfolio of the Individual Retirement Fund Program (Fapi).
CMN Resolution no. 4444, of 2015, amended by CMN Resolution no.
4633, of February 22, 2018, established a schedule for the
reduction of the minimum average term for renegotiation (PRC) that
would begin at the end of September 2018, until March 2010, when it
will no longer be required.
