Regulatory Alerts2020-07-15 | Circular 4036Circular No. 4036 — Regulates the Bookkeeping of Bank and Rural Credit Notes by Financial Institutions and Amends Circular No. 3,616 of November 30, 2012
The Central Bank of Brazil issued Circular No. 4036 to authorize financial institutions to perform the bookkeeping of Bank Credit Notes (CCB) and Rural Credit Notes (CCR) through electronic systems. The regulation mandates that institutions ensure the integrity and authenticity of these titles, manage financial flows, provide debtor access to systems, and issue full-text certificates upon request. It also establishes procedures for transferring these bookkeeping records between institutions and amends previous regulations regarding credit documentation.
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