Regulatory Alerts2020-07-02 | Carta Circular 4067Circular Letter No. 4067 — Amends Circular Letter No. 4,060 of June 23, 2020
The Head of the Department of Banking Operations and Payment Systems (Deban) at the Central Bank of Brazil amends Circular Letter No. 4,060 to update reporting codes for cooperative banks' capital turnover transfers. The amendment specifies that CodItems 7016 through 7020 must be reported only for the last business day of the calculation period and excludes Savings and Loan Associations, Real Estate Credit Societies, and Credit Cooperatives from reporting these items. These reporting requirements apply to operations contracted between June 22, 2020, and December 31, 2020, and cease to be reported starting from the calculation period beginning June 12, 2023.
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