RegAlert2003-06-17 | Carta Circular 3099Added
Circular Letter No. 3099 — Clarification on the Submission of Information Regarding Circular No. 2,889 of 1999 - Consortium Operations
Administrators of consortium companies must report monthly delinquency information starting with the July 2003 position, counting only active consortium members, whether contemplated or not, who have one or more installments overdue by more than 30 days as of the date of the contemplation assembly relative to the information's base date. This clarification modifies the reporting criteria established in Circular No. 2,889 of May 20, 1999, by restricting the definition of delinquent participants to those with specific overdue payment statuses at the time of the contemplation assembly.
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CIRCULAR LETTER NO. 003099
Clarification on the Submission of Information Regarding Circular No. 2,889 of 1999 - Consortium Operations.
In view of the provisions of Circular No. 2,889 of May 20, 1999, we clarify that, starting with the position for the month of July 2003, the monthly information provided for in that regulation regarding delinquency must be submitted by consortium administrators considering as delinquent only active consortium members, contemplated and not contemplated, with one or more installments overdue by more than 30 days, on the date of the contemplation assembly relative to the base date of the information.
Brasília, June 17, 2003.
DEPARTMENT OF INFORMATION MANAGEMENT OF THE FINANCIAL SYSTEM
Sérgio Almeida de Souza Lima
Head
Lineage: In force
Source: Banco Central do Brasil — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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