Circular No. 3529 — Provides for the compulsory deposit on resources captured by Caixa Economica Federal

CIRCULAR NO. 003529

Dispõe sobre o recolhimento compulsório sobre recursos captados pela Caixa Econômica Federal.

A Diretoria Colegiada do Banco Central do Brasil, em sessão extraordinária realizada em 28 de março de 2011, com fundamento no art. 10, inciso III, da Lei nº 4.595, de 31 de dezembro de 1964, e tendo em vista o disposto na Resolução nº 3.956, de 29 de março de 2011,

DECIDED:

Art. 1. Compulsory deposits are instituted, in substitution for mandatory reserves on resources captured by Caixa Economica Federal, without interruption, which will adhere to the same forms, conditions, costs, and penalties applicable to compulsory deposits established for commercial banks.

Art. 2. The provisions of this Circular do not apply to mandatory reserves whose requirement is based on norms of the National Monetary Council distinct from Resolution No. 1,857 of August 15, 1991.

Art. 3. This circular enters into force on the date of its publication.

Brasilia, March 29, 2011.

Aldo Mendes
Director