09 April 2020 – Allowed reclassification of risk on certain financial operations

Intervention Categories: Finance policy and financial aid; Monetary and macro-financial policy
Level of Jurisdiction: National

Overview: The Banco Central do Brasil allowed financial institutions to reclassify renegotiated operations from March 1 to September 30, 2020 to the risk level they were rated in February 2020, before the economic effects of measures to combat Covid-19 began.
Full details here: https://www.bcb.gov.br/detalhenoticia/17039/nota