Resolution No. 221

BCB RESOLUTION

NO. 221, OF MARCH 30, 2022

Provides for the provision of information by singular credit cooperatives regarding their members and depositing municipalities, including their agencies or entities and companies controlled by them.

The Collegiate Board of the Central Bank of Brazil, in a session held on March 30, 2022, based on arts. 10, item IX, and 37 of Law No. 4,595, of December 31, 1964, 92, item I, of Law No. 5,764, of December 16, 1971, 10-A of Law No. 9,613, of March 3, 1998, 1, § 1, of Complementary Law No. 130, of April 17, 2009, and having in view Resolution BCB No. 179, of January 19, 2022,

R E S O L V E:

Art. 1 This Resolution provides for the provision of information by singular credit cooperatives regarding their members and depositing municipalities, including their agencies or entities and companies controlled by them.

Art. 2 Singular credit cooperatives must prepare and send to the Central Bank of Brazil information about cooperative relationships, containing data related to relationships with:

I - their members and, where applicable, their respective legal or conventional representatives; and

II - depositing municipalities, including their agencies or entities and companies controlled by them.

Sole Paragraph. The provisions of the caput do not apply to singular cooperatives in ordinary, extrajudicial, or intervened liquidation.

Art. 3 The information referred to in Art. 2 must be calculated as of the last business day of each month and sent:

I - by cooperative banks, central credit cooperatives, or confederations constituted by central credit cooperatives, regarding the cooperatives that are part of organized systems of three or two levels, on an individual basis; and

II - by cooperatives that are not part of organized systems of three or two levels.

Art. 4 The data used for the provision of information to the Central Bank of Brazil addressed in this Resolution must be kept available to this Autarchy for a period of five years, counted from the date of closure of the relationships referred to in items I and II of Art. 2.

Art. 5 The institutions mentioned in Art. 2, resulting from a process of transformation, merger, incorporation, or spin-off, assume the obligations of the transformed, merged, incorporated, or spun-off institutions regarding the provision of the information referred to in this Resolution.

Art. 6 The director responsible for the provision of information provided for in legal and regulatory norms is responsible for the submission of the information referred to in this Resolution.

Art. 7 The information referred to in this Resolution will be used for the registration of relationships between members and their legal or conventional representatives, where applicable, and singular credit cooperatives in the Client Register of the National Financial System (CCS).

Art. 8 The Department of Financial System Monitoring (Desig) and the Institutional Service Department (Deati) are authorized to detail the set of information to be provided regarding each of the items mentioned in Art. 2, as well as to adopt the complementary measures necessary for compliance with this Resolution.

Art. 9 The following are revoked:

I - Circular No. 3,720, of September 11, 2014; and

II - Circular No. 3,908, of August 15, 2018.

Art. 10. This Resolution enters into force on May 2, 2022.

Paulo Sérgio Neves de Souza
Director of Supervision

Otávio Ribeiro Damaso
Director of Regulation

Mauricio Costa de Moura
Director of Relationship, Citizenship

and Conduct Supervision