Circular Letter CVM/SIN GIE 01/2012

CIRCULAR LETTER/CVM/SIN/GIE/NO. 1/2012
Rio de Janeiro, January 25, 2012
Subject: Market guidance regarding compliance with CVM Instruction No. 504/11

Dear Sir/Madam,

Referring to CVM Instruction No. 504/2011, the regulation governing the submission of information from FIDC/FIDC-NP/FIDC-PIPS to the Credit Information System - SCR of the Central Bank of Brazil - BCB, we clarify that filling and submission instructions, containing explanations and clarifications, can be obtained at the following electronic addresses:

1. Layout for filling out document 3040:
   http://www.bcb.gov.br/fis/crc/ftp/SCR3040_Leiaute.xls

2. Instructions for filling out document 3040:
   http://www.bcb.gov.br/fis/crc/ftp/SCR_InstrucoesDePreenchimento_Doc3040.pdf

3. Manual of negotiation information for operations:
   http://www.bcb.gov.br/fis/crc/ftp/SCR3040_Manual_de_Informacoes_de_Negociacao_de_Operacoes.pdf

4. Other documents and guidance - http://www.bcb.gov.br/?DOC3040

Further questions regarding filling and submission should be sent to the address scr.mesasp@bcb.gov.br.

We also communicate that the file attached to this Circular Letter constitutes the detailed breakdown of the different species of credit rights classified into each of the three phases comprising the submission schedule to the SCR defined in the aforementioned Instruction.

Should you require further clarifications regarding the credit modalities that will be affected in each of the phases of the submission schedule, please contact the Structured Funds Monitoring Management, by phone (21) 3554-6914 or by the electronic address icvm504@cvm.gov.br.

Sincerely,

Signed original by
FRANCISCO JOSÉ BASTOS SANTOS
Superintendent of Institutional Investor Relations

Attachment: Submission Schedule