Circular Letter No. 3419 — Amends and Consolidates Procedures for Reporting Information to the Credit Information System (SCR) — BCB — BR

CIRCULAR LETTER NO. 003419

Amends and consolidates the procedures to be observed in the transmission of information to the Credit Information System (SCR), as provided for in Circular No. 3,445, of 2009.

The transmission of information for registration in the Credit Information System (SCR), as provided for in Article 1 of Circular No. 3,445, of March 26, 2009, must be carried out:

I - by the institutions mentioned in items II, III, V to VIII, XV, and XVI of Article 4 of Resolution No. 3,658, of December 17, 2008, regarding information of a specific nature of credit operations carried out, through document code 2211 - Aggregated Daily Data of Credit Operations, for file transfer in the PSTAW10 Program;

II - by all institutions mentioned in Article 4 of Resolution No. 3,658, of 2008, regarding:

a) each of the credit operations, through document code 3020 - Individualized Credit Risk Data, for file transfer in the PSTAW10 Program;

b) all credit operations carried out, in an aggregated manner, through document code 3030 - Aggregated Credit Risk Data, for file transfer in the PSTAW10 Program;

c) complementary customer data, through document code 3026 - Individualized Complementary Credit Risk Data, for file transfer in the PSTAW10 Program.

The document referred to in item I of the previous item must be sent daily, until the fifth business day following the respective base date.
The documents referred to in items "a" and "b" of item II of item 1, whose base dates correspond to the last day of the month, must be sent monthly until the 10th (tenth) business day of the month following the respective base date.
The document referred to in item "c" of item II of item 1, whose base date corresponds to the last day of the year, must be sent annually until June 30 of the year following the respective base date.
The transmission of the documents referred to in item 1 must be carried out according to the coding of the Document Catalog (Cadoc), presented in the annex to this Circular Letter.
The information mentioned in item II of item 1 must, at the discretion of the Department of Monitoring of the Financial System and Information Management (Desig), be rectified in the SCR regarding the values corresponding to the base dates of the 13 (thirteen) previous months.
The documents referred to in item 1 must be:

I - sent to Desig, by the following means:

a) PSTAW10 application (information exchange), in the form of Circular Letter No. 2,847, of April 13, 1999, available for download on the page of the Central Bank of Brazil on the Internet, at the address http://www.bcb.gov.br/htms/pstaw10.asp; or

b) Connect Direct software;

II - when relating to the document referred to in item I of that item, prepared in TXT format;

III - when relating to the documents referred to in item II of that item:

a) prepared in XML (eXtensible Markup Language) format;

b) validated, before their transmission, using the XSD (XML Schema Definition) validation scheme.

The filling instructions and layouts of the documents referred to in item 1, as well as the XSD validation schemes, example files, and the validator program are available on the page of the Central Bank of Brazil on the Internet, at the address http://www.bcb.gov.br/?LEIAUTES.
For the purposes of the provision of item II of Article 1 of Circular No. 3,445, of 2009, the set of the customer's operations is considered to be the total of active operations, operations written off as losses, co-obligations, and guarantees provided to the customer, and interbank transfers, not including credits contracted to be disbursed and unconditional and unilateral non-cancelable credit commitments in the calculation.
The information regarding the average term and levels of delay of the operations, to be provided in the document referred to in item I of item 1, must be updated only on the base date that represents the last business day of the month.
The levels of delay, referred to in the previous item, must be classified in the following ranges:

I - no delay or with a delay of up to 14 days;

II - delay between 15 and 30 days;

III - delay between 31 and 90 days;

IV - delay greater than 90 days.

In addition to the information contained in document 3026, the following information may be requested, upon request, through file 3025:

I - balance sheet data relating to:

a) the three social years preceding the base date of the request; or

b) the last available balance sheet relating to the year preceding the base date of the request, when the balance sheet relating to December 31 of the year preceding the base date of the request is unavailable; and

II - risk classification assigned by a credit rating agency, type of classification, and agency, if the institution uses this information in its risk assessment processes.

Information relating to credit operations for which judicial elimination of their registration in the SCR has been determined must continue to be sent for subsequent base dates to that mentioned in the judicial decision, provided that the system will automatically verify the period of compliance with the judicial decision, as registered by the institution.
The communication referred to in the sole paragraph of Article 3 of Circular No. 3,445, of 2009, must be registered, until September 30, 2010, by all controlling institutions, which will inform the data of the institution responsible for the transmission of information for registration in the SCR.
The use of the models, layouts, filling instructions, example files, validation schemes, and validator program of the documents referred to in item 1, due to any adjustments made, must be adopted from the updates informed through the issuance of a specific communication.
In addition to the provision of Article 9 of Circular No. 3,445, of 2009, the registration in the SCR of the following credit operations must be carried out:

I - by the present value of the installments provided for in the contracts, including the guaranteed residual value, paid in advance or not, obtained through the use of the internal rate of return of each of them, in accordance with Circular No. 1,429, of January 20, 1989, in the case of financial leasing operations;

II - by the present value of the installments provided for in the contracts, obtained in the manner provided for in Article 6, paragraph 2, of the Regulation Annex to Resolution No. 2,309, of August 28, 1996, with the wording given by Article 1 of Resolution No. 2,465, of February 19, 1998, in the case of operational leasing operations;

III - by the value of invoices due relating to the acquisition of goods and services, by the amount financed to the customer due to non-payment of the invoice at maturity, restricted payment to the minimum value indicated on the invoice, installment payment with or without interest, and cash withdrawals, plus the revenues and charges of any nature earned, in the case of operations resulting from the use of credit cards;

IV - by the amount advanced or financed to the customer, plus the revenues and charges of any nature earned, in operations of Advance on Exchange Contracts (ACC), Advance on Delivered Foreign Exchange (ACE), and other advances in national currency;

V - by the amount advanced or financed to the customer, plus the revenues and charges of any nature earned, including the exchange variation calculated in the period, in operations of financing for import and advances in foreign currencies.

Credit operations registered in the Common Register of Rural Operations (Recor) must be identified in the SCR, from the base date of July 31, 2011, inclusive, observing the filling instructions referred to in item 8.
Information on credit operations referred to in Article 4 of Circular No. 3,445, of 2009, that have been the subject of negotiation with an intermediary or assignor not constituted as one of the institutions mentioned in Article 4 of Resolution No. 3,658, of 2008, must be sent for registration in the SCR:

I - as credits in the name of the drawee, the debtor, or the final borrower, with the intermediary or assignor as a guarantor, until the base date of June 30, 2010;

II - as credits with the intermediary or assignor, from the base date of July 31, 2010, inclusive.

Information on credit operations referred to in Article 4 of Circular No. 3,445, of 2009, that have been the subject of negotiation between the institutions mentioned in Article 4 of Resolution No. 3,658, of 2008, must be sent for registration in the SCR:

I - by the assigning institution, as credits in the name of the drawee, the debtor, or the final borrower, observing the nature of the operation and additionally informing the co-obligation or any other form of risk retention, indicating in the fields:

a) "contract code", the credit assignment contract, securitization, or negotiation of bank credit notes or certificates of bank credit notes;

b) "customer" and "customer type", the assignee;

c) "operation modality", the "co-obligation" modality;

II - by the assignee institution, as credits with the assigning institution, observing the nature of the information and informing the contract conditions.

Credit operations negotiated between the institutions mentioned in Article 4 of Resolution No. 3,658, of 2008, and credit rights investment funds, whose risks and benefits were substantially retained through the acquisition of shares of these funds, in accordance with item "a" of item I of Article 8 of Circular No. 3,445, of 2009, must be registered in the SCR in the manner of item I of the previous item.
The following information must be registered in the SCR, from the base date of July 31, 2010, inclusive:

I - the identification of the drawee, debtor, or final borrower of credit operations granted through the negotiation referred to in paragraph 1 of Article 4 of Circular No. 3,445, of 2009;

II - credit titles issued by individuals or legal entities resulting from credit operations of any modality, referred to in Article 6 of Circular No. 3,445, of 2009;

III - operational leasing operations;

IV - credit operations:

a) carried out by the companies referred to in item I of Article 5 of Resolution No. 3,658, of 2008, including by branches and companies located abroad;

b) acquired by investment funds administered by the entities referred to in item II of Article 5 of Resolution No. 3,658, of 2008;

c) acquired in accordance with item I of Article 8 of Circular No. 3,445, of 2009, observing the provision of item 20.

The institutions referred to in items IV, XI, and XII of Article 4 of Resolution No. 3,658, of 2008, must only provide information to the SCR from the base date of July 31, 2010, inclusive.
Information relating to expressions of disagreement referred to in item III of Article 7 of Resolution No. 3,658, of 2008, must be registered in the SCR from the base date of July 31, 2011, inclusive.
Information on credit operations must be sent for registration in the SCR:

I - until the base date of June 30, 2011:

a) individually, when they present a value equal to or greater than that referred to in item II of Article 1 of Circular No. 3,445, of 2009;

b) in a consolidated manner by customer, when:

individually, they present a value lower than that referred to in item II of Article 1 of Circular No. 3,445, of 2009; and
in the set of the customer's operations, they are of a value equal to or greater than the amount referred to in the previous item;

c) only by the assignor, when they have been the subject of retention or substantial transfer of part of the risks and benefits, in the manner of paragraph 2 of Article 8 of Circular No. 3,445, of 2009;

II - from the base date of July 31, 2011, inclusive:

a) in observance of the provision of item II of Article 1 of Circular No. 3,445, of 2009;

b) in accordance with paragraph 1 of Article 1 of Circular No. 3,445, of 2009, when they begin to present, individually by operation, a value below that referred to in item II of that article, until they have been settled or negotiated without substantial retention of risk and benefits or control;

c) when carried out by companies that are subject to proportional consolidation by more than one of the institutions mentioned in Article 4 of Resolution No. 3,658, of 2008, in accordance with Article 3 of Circular No. 3,445, of 2009;

d) highlighting the values referred to in the sole paragraph of Article 9 of Circular No. 3,445, of 2009;

e) proportionally, by the institutions involved in the negotiation, when they have been the subject of retention or substantial transfer of part of the risks and benefits, in the manner of paragraph 2 of Article 8 of Circular No. 3,445, of 2009.

For the purposes of transmission of the documents referred to in item 1, the filling instructions, layouts, models, example files, validation schemes, and validator program currently in use remain valid, until the adoption of new procedures is communicated, in accordance with item 15.
The PMSG750 transaction of the Central Bank Information System (Sisbacen) may be used to formalize, by sending an email to Desig, the registration of the base dates from which the document referred to in item I of item 1:

I - will not be sent, in the case of null balances being calculated in all modalities of credit operations;

II - must be sent, in the case of the institution beginning to present a positive balance in any of the modalities of credit operations, to be authorized for reception;

Any doubts should be sent to the electronic address scr.gestao@bcb.gov.br, filling in the subject field with the expression "SCR - Detailed, Aggregated, and Complementary Information on Credit", when related to the transmission of documents with codes 2211, 3020, 3026, 3030, 3081, and 3082.
This circular letter enters into force on the date of its publication.
Circular Letters No. 3,404, of June 30, 2009, and No. 3,413, of September 15, 2009, are hereby revoked.

Brasília, December 10, 2009.

Department of Monitoring of the Financial System and Information Management (Desig)

Gilneu Francisco Astolfi Vivan
Chief, Substitute

Annex

Coding of the Document Catalog (Cadoc)

I - Document of code 2211, for file transfer in the PSTAW10 program:

a) 12.1.0.302-9, for savings and loan associations;

b) 20.1.0.302-8, for commercial banks;

c) 22.1.0.031-1, for development banks;

d) 24.1.0.401-6, for investment banks;

e) 26.1.0.401-4, for multiple banks;

f) 38.0.0.401-6, for the Federal Savings Bank;

g) 81.1.0.031-4, for credit, financing, and investment companies;

h) 83.1.0.302-7, for real estate credit companies.

II - Document of code 3020, for file transfer in the PSTAW10 program:

a) 05.1.3.004-7, for development or funding agencies;

b) 12.1.3.003-0, for savings and loan associations;

c) 20.1.3.002-2, for commercial banks;

d) 27.1.3.004-9, for foreign exchange banks;

e) 22.1.3.001-3, for development banks;

f) 24.1.3.001-1, for investment banks;

g) 26.1.3.001-9, for multiple banks;

h) 28.0.3.001-4, for the National Bank for Economic and Social Development (BNDES);

i) 38.0.3.001-1, for the Federal Savings Bank;

j) 39.1.3.002-0, for mortgage companies;

k) 43.1.3.002-3, for central credit cooperatives;

l) 44.1.3.001-5, for singular credit cooperatives;

m) 45.1.3.001-4, for confederations of credit cooperatives;

n) 77.1.3.001-3, for leasing companies;

o) 79.1.3.469-1, for securities brokers;

p) 81.1.3.001-6, for credit, financing, and investment companies;

q) 83.1.3.001-4, for real estate credit companies;

r) 84.1.3.002-0, for microentrepreneur and small business credit companies;

s) 85.1.3.469-2, for securities distributors.

III - Document of code 3026, for file transfer in the PSTAW10 program:

a) 05.1.7.019-3, for development or funding agencies;

b) 12.1.7.041-6, for savings and loan associations;

c) 20.1.7.065-9, for commercial banks;

d) 27.1.7.001-6, for foreign exchange banks;

e) 22.1.7.051-6, for development banks;

f) 24.1.7.065-5, for investment banks;

g) 26.1.7.075-6, for multiple banks;

h) 28.0.7.051-7, for the National Bank for Economic and Social Development (BNDES);

i) 38.0.7.045-9, for the Federal Savings Bank;

j) 39.1.7.031-0, for mortgage companies;

k) 43.1.7.001-4, for central credit cooperatives;

l) 44.1.7.051-8, for singular credit cooperatives;

m) 45.1.7.001-2, for confederations of credit cooperatives;

n) 77.1.7.066-4, for leasing companies;

o) 79.1.7.066-2, for securities brokers;

p) 81.1.7.065-0, for credit, financing, and investment companies;

q) 83.1.7.065-8, for real estate credit companies;

r) 84.1.7.001-1, for microentrepreneur and small business credit companies;

s) 85.1.7.065-6, for securities distributors.

IV - Document of code 3030, for file transfer in the PSTAW10 program:

a) 05.1.3.008-5, for development or funding agencies;

b) 12.1.3.002-3, for savings and loan associations;

c) 20.1.3.003-9, for commercial banks;

d) 27.1.3.003-2, for foreign exchange banks;

e) 22.1.3.002-0, for development banks;

f) 24.1.3.002-8, for investment banks;

g) 26.1.3.002-6, for multiple banks;

h) 28.0.3.002-1, for the National Bank for Economic and Social Development (BNDES);

i) 38.0.3.001-1, for the Federal Savings Bank;

j) 39.1.3.003-7, for mortgage companies;

k) 43.1.3.003-0, for central credit cooperatives;

l) 44.1.3.002-2, for singular credit cooperatives;

m) 45.1.3.002-1, for confederations of credit cooperatives;

n) 77.1.3.002-0, for leasing companies;

o) 79.1.3.470-1, for securities brokers;

p) 81.1.3.002-3, for credit, financing, and investment companies;

q) 83.1.3.002-1, for real estate credit companies;

r) 84.1.3.003-7, for microentrepreneur and small business credit companies;

s) 85.1.3.470-2, for securities distributors.

Circular Letter No. 3419 — Amends and Consolidates Procedures for Reporting Information to the Credit Information System (SCR)

CIRCULAR LETTER NO. 003419

Lineage: Superseded

Timeline

What changed in the obligations

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