Circular Letter No. 3220 — Amends instructions for communications provided for in Circular Letter 2,826 of December 4, 1998, and Circular Letter 3,098 of June 11, 2003

CIRCULAR LETTER NO. 003220

Amends instructions for the communications provided for in Circular Letter 2,826 of December 4, 1998, and in Circular Letter 3,098 of June 11, 2003.

1. Based on Article 4 of Circular Letter 2,852 of December 3, 1998, we inform you that institutions obliged to carry out communications under the terms of the aforementioned article are exempted from registering the declarations provided for in item 5 of Circular Letter 3,098 of 2003, and in item 4 of Circular Letter 3,151 of December 1, 2004.

2. The institutions mentioned above remain obliged to inform about the occurrence of suspicious operations and of cash deposits and withdrawals, in accordance with the guidelines of Circular Letter 2,826 of 1998 and Circular Letter 3,098 of 2003.

3. This Circular Letter enters into force on January 2, 2006.

4. Item 5 of Circular Letter 3,098 of 2003 and item 4 of Circular Letter 3,151 of 2004 are hereby revoked.

Brasília, December 30, 2005.

Department of Combating Illicit Activities Department of Standards of the Financial Crimes and Supervision of Foreign Exchange Financial System and International Capital Markets

Ricardo Liao Fabiana Xavier D. Drummond de Melo Chief Acting Chief

Department of Management Control Department of Information Technology and Planning of Supervision

Lúcio Ricardo Rodrigues Augusto Ornelas Filho
Acting Chief Acting Chief