Circular CONAU 1-643: Accounting and Financial Information Model (MICoFi) - Information on the Mortgage Refinancing System

"2004 - Year of the Argentine Antarctic"
BANCO CENTRAL DE LA REPÚBLICA ARGENTINA
COMMUNICATION "A" 4117 16/03/2004
TO FINANCIAL ENTITIES:
Ref.: Circular
CONAU 1 - 643
Accounting and Financial Information Model –
MICoFi
Information on the Mortgage Refinancing System ______ We address you to communicate the new informational regime regarding the options exercised by Financial Entities and Financial Trusts, linked to the Mortgage Refinancing System provided for by Law 25798 and other complementary regulations.

By March 23, 2004, the aforementioned subjects must send a note with the status of a Sworn Declaration indicating their adherence to the System, the number of debtors, and the total amount of the eligible loans included. This note must be signed by the Person Responsible for the Information Regime and the highest authority.

Together with this note, they must send a magnetic support containing the identification of each debtor and the amount of each individual credit that constitutes the option of the Financial Entity or Trust to the Mortgage Refinancing System, as reported for the Central Registry of Debtors corresponding to the month of February 2004 and the amount subject to refinancing.

Within the scope of the Sworn Declaration, it must be stated that: "manifests adherence to the Mortgage Refinancing System, complying with all requirements required by Law 25798/03 and other regulatory norms. Likewise, it certifies that the number of eligible loans included in the System amounts to ....., being the total amount of $......, figures that are coincident, in the relevant part, with the sum of the data contained in the CD, identified by No. ......brand ......"

For the submission of information, the operational instructions that complement this communication will apply.

Financial Entities or Trustees of Financial Trusts that do not adhere to the present System must inform this situation by means of a note sent to the Information Regime Management.

This communication will be available on the Internet site of the Central Bank of the Argentine Republic (www.bcra.gov.ar).

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For printed consultation, it will be available in the "Dr. Raúl Prebisch" library, San Martín 216, Federal Capital.
We greet you very respectfully.
BANCO CENTRAL DE LA REPUBLICA ARGENTINA
Ricardo O. Maero
Manager of
Information Regime
Rubén Marasca
General Submanager of
Analysis and Audit