Circular Letter No. 3.812

The Head of the Financial System Monitoring Department (Desig), using the authority conferred upon him by art. 23, item I, subitem "a", of the Internal Regulations of the Central Bank of Brazil, annexed to Administrative Rule No. 84.287, of 27 February 2015, based on art. 77, items III and IV, of the aforementioned Regulations, and in view of the provisions of art. 1 of Circular No. 3.761, of 20 August 2015, and Circular No. 3.749, of 5 March 2015,

RESOLVES:

Art. 1 The new versions of the Completion Instructions and the layout of Document code 2160 - Liquidity Risk Statement (DRL) shall take effect as of the April 2017 base date, for institutions that fall under the provisions of art. 3 of Resolution No. 4.401, of 27 February 2015, available on the Central Bank of Brazil's website at the electronic address http://www.bcb.gov.br/?INFOL.

Art. 2 The following modifications were made to the files:

• I - "Completion Instructions - General Guidelines": inclusion of general guideline No. 19;

• II - "Completion Instructions - Brazil":

  • a) amendment to the wording of item 3.1.4 and exclusion of items 3.1.4.1 and 3.1.4.2;

  • b) amendment to the wording of items: 3.1.5.2.2.5 and 3.1.5.2.3.5;

  • c) amendment to the wording of item 3.1.6 and subitems, and creation of item 3.1.6.3.

• III - "Completion Instructions - Subsidiaries abroad":

  • a) amendment to the wording of item 3.2.4 and exclusion of items 3.2.4.1 and 3.2.4.2;

  • b) amendment to the wording of items: 3.2.5.2.2.5 and 3.2.5.2.3.5;

  • c) amendment to the wording of item 3.2.6 and subitems, and creation of item 3.2.6.3.

• IV - "Completion Instructions - Annex 1": amendment to the wording of the concepts "Wholesale funding", "Funding from affiliated cooperative", "Retail funding" and "Deposit insurance coverage - Brazil".

• V - "Calculation Model" and "Calculation Model - example" with the following adjustments:

  • a) inclusion of the field: "Date" for identification of the daily balances of accounts 1 to 4 and for identification, on the last business day of the month, of the balances of accounts 5;

  • b) inclusion of the element "Parameterization-Date" in the subaccounts of accounts 1 to 4, referred to in §§ 2 and 3 of art. 3 of this circular letter;

  • c) inclusion of the element "Amount-Date" in the subaccounts of accounts 1 to 4, referred to in § 2 of art. 3 of this circular letter;

  • d) exclusion of accounts 3.1.4.1, 3.1.4.2, 3.2.4.1 and 3.2.4.2, and opening of elements of accounts 3.1.4 and 3.2.4 for entry of detailed information;

  • e) inclusion of accounts 3.1.6.3 and 3.2.6.3 and amendment of the calculation formula of the totalizing accounts 3.1.6 and 3.2.6 to consider these new accounts in the sum;

  • f) amendment of the Weighting Factor of accounts 3.1.6.2.1.1, 3.1.6.2.1.2, 3.1.6.2.1.3, 3.1.6.2.1.4, 3.1.6.2.1.5 and 3.1.6.2.2 to code 80 (100%);

• VI – "Layout" with the following adjustments:

  • a) creation of the field "Date" and the attribute "Day";

  • b) inclusion of the elements "Parameterization-Date" and "Amount-Date";

  • c) inclusion of accounts 3.1.6.3 and 3.2.6.3 in the list of accounts;

  • d) inclusion of end date for accounts 3.1.4.1, 3.1.4.2, 3.2.4.1 and 3.2.4.2.

• VII – "List of accounts - Brazil and subsidiaries abroad" with the following adjustments:

  • a) exclusion of accounts 3.1.4.1, 3.1.4.2, 3.2.4.1 and 3.2.4.2;

  • b) creation of accounts 3.1.6.3 and 3.2.6.3.

Art. 3 The institutions referred to in art. 3 of Resolution No. 4.401, of 2015, must daily determine the balances of accounts 1 to 4 and subaccounts of the DRL, except as provided in art. 45-A of Circular No. 3.749, of 5 March 2015, and report for all banking business days, in accordance with Resolution No. 2.932, of 28 February 2002.

§1 The following accounts do not fall under the criteria established in art. 45-A of Circular No. 3.749, of 5 March 2015, and therefore must have their parameters and amounts determined daily: 1.1.1.1.1, 1.1.1.1.2, 1.1.1.1.3, 1.1.1.2.1, 1.1.1.2.2, 1.1.1.2.3, 1.1.1.2.4, 1.1.1.2.5, 1.1.2.1, 1.1.2.2.1, 1.1.2.2.2, 3.1.3.6.1, 3.1.3.6.2, 3.1.4.1, 3.1.4.2, 3.1.5.1, 3.1.5.2.1, 3.1.6.1, 3.1.7.5, 3.1.7.6, 3.1.8.1.1.1, 3.1.8.1.1.2, 3.1.8.1.1.3, 3.1.8.1.1.4, 3.1.8.1.2.1, 3.1.8.1.2.2, 3.1.8.2.1, 3.1.8.2.2, 3.1.8.2.3, 3.1.8.2.4, 3.1.8.2.6, 3.1.8.2.7, 3.1.10.1, 3.1.10.2, 3.1.10.5, 3.1.10.6, 3.2.4.1, 3.2.4.2, 3.2.5.1, 3.2.5.2.1, 3.2.6.1, 3.2.7.5, 3.2.7.6, 3.2.8.1.1.1, 3.2.8.1.1.2, 3.2.8.1.1.3, 3.2.8.1.1.4, 3.2.8.1.2.1, 3.2.8.1.2.2, 3.2.8.2.1, 3.2.8.2.2, 3.2.8.2.3, 3.2.8.2.4, 3.2.8.2.6, 3.2.8.2.7, 3.2.10.1, 3.2.10.2, 3.2.10.5, 3.2.10.6, 4.1.3.1, 4.1.3.2, 4.1.3.3, 4.1.4.1, 4.1.4.2, 4.1.4.3, 4.1.4.4, 4.1.5.1.1, 4.1.5.1.2, 4.1.5.1.3, 4.1.5.1.4, 4.1.5.2.1, 4.1.5.2.2, 4.2.3.1, 4.2.3.2, 4.2.3.3, 4.2.4.1, 4.2.4.2, 4.2.4.3, 4.2.4.4, 4.2.5.1.1, 4.2.5.1.2, 4.2.5.1.3, 4.2.5.1.4, 4.2.5.2.1 and 4.2.5.2.2.

§2 The following accounts may have their parameters and amounts estimated on a non-daily basis, respecting the criteria and deadlines established in art. 45-A of Circular No. 3.749, of 2015: 3.1.7.1.1, 3.1.7.1.2, 3.1.7.1.3.1, 3.1.7.1.3.2, 3.1.7.1.3.3, 3.1.7.1.3.4, 3.1.7.1.3.5, 3.1.7.1.4.1, 3.1.7.1.4.2, 3.1.7.2.1, 3.1.7.2.2, 3.1.7.3, 3.1.7.7, 3.1.9.1.1, 3.1.9.1.2, 3.1.9.1.3, 3.1.9.1.4, 3.1.9.2.1, 3.1.9.2.2, 3.1.9.2.3, 3.1.9.2.4, 3.1.10.3, 3.1.10.4.1, 3.1.10.4.2, 3.1.10.4.4, 3.1.10.4.5, 3.1.10.7, 3.1.10.9, 3.1.11.1.1, 3.1.11.1.2, 3.1.11.1.3, 3.2.7.1.1, 3.2.7.1.2, 3.2.7.1.3.1, 3.2.7.1.3.2, 3.2.7.1.3.3, 3.2.7.1.3.4, 3.2.7.1.3.5, 3.2.7.1.4.1, 3.2.7.1.4.2, 3.2.7.2.1, 3.2.7.2.2, 3.2.7.3, 3.2.7.7, 3.2.9.1.1, 3.2.9.1.2, 3.2.9.1.3, 3.2.9.1.4, 3.2.9.2.1, 3.2.9.2.2, 3.2.9.2.3, 3.2.9.2.4, 3.2.10.3, 3.2.10.4.1, 3.2.10.4.2, 3.2.10.4.4, 3.2.10.4.5, 3.2.10.7, 3.2.10.9, 3.2.11.1.1, 3.2.11.1.2, 3.2.11.1.3, 4.1.2.1, 4.1.2.2, 4.1.2.3, 4.1.2.4, 4.1.2.5, 4.1.2.6.1, 4.1.2.6.2, 4.1.2.7.1, 4.1.2.7.2, 4.1.6.1.1, 4.1.6.1.2, 4.1.6.3, 4.1.6.4, 4.2.2.1, 4.2.2.2, 4.2.2.3, 4.2.2.4, 4.2.2.5, 4.2.2.6.1, 4.2.2.6.2, 4.2.2.7.1, 4.2.2.7.2, 4.2.6.1.1, 4.2.6.1.2, 4.2.6.3, 4.2.6.4 and 4.2.6.5.

§3 The accounts not listed in §§1 and 2 of this article must have their amounts calculated daily; however, the calculation parameters may be estimated on a non-daily basis, respecting the criteria and deadlines established in art. 45-A of Circular No. 3,749, of 2015.

§4 The parameterization and closing dates of the amounts estimated on a non-daily basis must be informed, respecting the criteria and deadlines established in art. 45-A of Circular No. 3,749, of 2015.

§5 The most recent available information regarding the parameters and amounts estimated on a non-daily basis must be used.

§6 As of 1 January 2019, the information on the parameters and amounts estimated on a non-daily basis must have a maximum lag of 60 days in relation to the LCR base date.

Art. 4 The items “Base date of calculation” and “Deadline for submission”, contained in the Annex to Circular Letter No. 3,775, of 14 July 2016, shall enter into force with the following wording:

“Annex to Circular Letter No. 3,775, of 14 July 2016.

...........................................................................................................................

Base date of calculation:

• a) for institutions that fall under the provisions of art. 3 of Resolution No. 4,401, of 2015: business days, for accounts 1 to 4 and subaccounts, and the last business day of each month for accounts 5 and subaccounts;

• b) for institutions that do not fall under the provisions of art. 3 of Resolution No. 4,401, of 2015: the last business day of each month.

Deadline for submission:

• a) for institutions that fall under the provisions of art. 3 of Resolution No. 4,401, of 2015:

  • I – base date of April 2017 – until the last business day of May 2017;

  • II – base date of May 2017 and following – until the tenth business day of the month following the base date.

• b) for institutions that do not fall under the provisions of art. 3 of Resolution No. 4,401, of 2015 – base date of January 2017 and following – until the tenth business day of the month following the base date.

.........................................................................................................................” (NR)

Art. 5 This Circular Letter enters into force on 3 April 2017.

Gilneu Francisco Astolfi Vivan