BCB Resolution No. 282 — Amends Circular No. 3,978 of January 23, 2020

BCB RESOLUTION NO. 282, OF DECEMBER 31, 2022

Amends
Circular No. 3,978, of January 23, 2020, which provides for the policy, internal procedures and controls to be adopted by institutions authorized to operate by the Central Bank of Brazil with a view to preventing the use of the financial system for the commission of the crimes of "money laundering" or concealment of assets, rights and values, as set forth in Law No. 9,613, of March 3, 1998, and for terrorist financing, provided for in Law No. 13,260, of March 16, 2016.

The Collegiate Board of the Central Bank of Brazil, in an extraordinary session held on December 30 and 31, 2022, based on arts. 9 of Law No. 4,595, of December 31, 1964, 10, 11 and 11-A of Law No. 9,613, of March 3, 1998, 6 and 7, item III, of Law No. 11,795, of October 8, 2008, and 15 of Law No. 12,865, of October 9, 2013, and having in view the provisions of Law No. 13,260, of March 16, 2016, the Convention Against Illicit Traffic in Narcotic Drugs and Psychotropic Substances, promulgated by Decree No. 154, of June 26, 1991, the United Nations Convention against Transnational Organized Crime, promulgated by Decree No. 5,015, of March 12, 2004, the Inter-American Convention against Terrorism, promulgated by Decree No. 5,639, of December 26, 2005, the International Convention for the Suppression of the Financing of Terrorism, promulgated by Decree No. 5,640, of December 26, 2005, and the United Nations Convention against Corruption, promulgated by Decree No. 5,687, of January 31, 2006,

R E S O L V E :

Art. 1
The Circular No. 3,978, of January 23, 2020, shall enter into force with the following alterations:

“Art. 28. The institutions referred to in art. 1 must keep records of all operations carried out, products and services contracted, including withdrawals, deposits, contributions, payments, receipts, transfers of funds and operations in the foreign exchange market.

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§ 4 In the case of operations in the foreign exchange market, the institutions referred to in art. 1 must, additionally, keep records and custody of the supporting documents required for the realization of operations in this market, according to criteria aligned with the internal risk assessment referred to in Chapter IV.” (NR)

Art. 2
Article 68 of Circular No. 3,978, of 2020, is hereby repealed.

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

Otávio Ribeiro Damaso

Regulation Director