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Rule · BCB · 14 Aug 1997 · Carta Circular 2759

Circular Letter No. 2759: Clarification on Submission of Public Fundraising Campaigns to the Central Bank of Brazil

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The Central Bank of Brazil will not analyze campaigns for raising funds from the public that include the distribution of prizes by means of a draw, contest or similar operation, considering them inadequate. This clarification is made in view of arts. 2 and 3 of Resolution No. 1.854, of 31.07.91.

BrazilBanco Central do Brasil

Circular Letter No. 2.759

CIRCULAR LETTER No. 002759 ------------------------ Clarifies about the submission, to the Central Bank of Brazil, of campaigns for raising funds from the public. In view of the provisions of arts. 2 and 3 of Resolution No. 1.854, of 31.07.91, we clarify that the Central Bank of Brazil will not analyze, considering them inadequate, campaigns for raising funds from the public that include the distribution of prizes by means of a draw, contest or similar operation. Brasilia, 14 August 1997. DEPARTMENT OF NORMS OF THE DEPARTMENT OF ORGANIZATION OF THE FINANCIAL SYSTEM FINANCIAL SYSTEM Sergio Darcy da Silva Alves Carlos Henrique de Paula Chief Acting Chief

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A newer document in RegAlert replaces this one.

Circular Letter No. 2759:Clarification on Submission o…1997-08-14 · this documentCircular Letter No. 2759: Clarification on Submission of Public Fundraising Campaigns to the Central Bank of Brazil (1997-08-14)Resolution CMN No. 2475 —Prohibits the granting of advanta…1998 · BCBResolution CMN No. 2475 — Prohibits the granting of advantages in the collection of public funds (1998-03-26)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
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Amended 1 time · last 1998-03-26

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