Circular Letter No. 3517 — Amends and Consolidates Procedures for Reporting Information to the Credit Information System (SCR)

CARTER-CIRCULAR NO. 003517

Amends and Consolidates the Procedures to be Observed in the Submission of Information to the Credit Information System (SCR), as governed by Circular No. 3,445, of March 26, 2009.

The Head of the Economic Department (Depec) and the Head of the Department for Monitoring the Financial System and Information Management (Desig), in the exercise of their powers conferred by Article 22, item I, letter 'a' of the Internal Regulations of the Central Bank of Brazil (BCB), annexed to Ordinance No. 29,971, of March 4, 2005, in accordance with the provisions of Article 17 of Circular No. 3,445, of March 26, 2009,

RESOLVE:

Art. 1. The procedures to be observed in the submission of information to the Credit Information System (SCR), as governed by Circular No. 3,445, of March 26, 2009, are hereby amended.

Art. 2. The submission of information for registration in the SCR, as governed by Article 1 of Circular No. 3,445, of 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;

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;

b) all credit operations carried out, in an aggregated manner, through document code 3030 - Aggregated Credit Risk Data;

c) all credit operations carried out, through document code 3040 - Credit Risk Data;

d) complementary client data, through document code 3026 - Individualized Complementary Credit Risk Data;

III - by the institutions mentioned in items II to VIII, X, XIII, XV to XVII of Article 4 of Resolution No. 3,658, of 2008, regarding information of a specific nature of credit operations carried out, through document code 3050 - Aggregated Statistics of Credit and Financial Leasing.

§ 1. Document code 2211 must be submitted daily until the fifth business day following the respective reference date.

§ 2. Documents with codes 3020 and 3030, whose reference dates correspond to the last day of the month, must be submitted monthly until the 10th (tenth) business day of the month following the respective reference date.

§ 3. Document code 3026, whose reference date corresponds to the last day of the year, must be submitted annually until June 30 of the year following the respective reference date.

§ 4. Document code 3040, whose reference date corresponds to the last day of the month, must be submitted monthly until the 10th (tenth) business day of the month following the respective reference date, starting from the reference date of July 31, 2011, inclusive.

§ 5. Document code 3050 must be submitted weekly, until the fifth business day following the last reference date of each week, starting from the reference date of September 1, 2010, inclusive.

§ 6. The information mentioned in item II must, at the discretion of Desig, be rectified in the SCR regarding the values corresponding to the reference dates of the 13 (thirteen) previous months.

Art. 3. The documents referred to in Art. 2 must be:

I - submitted to Desig:

a) according to the coding of the Document Catalog (Cadoc), presented in the annex to this Circular Letter;

b) through the PSTAW10 application (information exchange), as provided in Circular Letter No. 2,847, of April 13, 1999, available for download on the BCB website at http://www.bcb.gov.br/htms/pstaw10.asp;

II - prepared:

a) in TXT format, when relating to the document referred to in item I of Art. 2;

b) in XML (eXtensible Markup Language) format, when relating to the documents referred to in items II and III of Art. 2;

III - validated, before their submission, using the XSD (XML Schema Definition) validation scheme, with the exception of documents with codes 2211 and 3040; and

IV - submitted to the validator application, available on the BCB website at http://www.bcb.gov.br/?SCR, when relating to document code 3040.

Art. 4. For the purpose of submitting the documents referred to in Art. 2, the filling instructions, layouts, models, example files, XSD validation schemes, the validator program, and system manuals available on the BCB website at http://www.bcb.gov.br/?SCR must be used.

Art. 5. The use of the models, layouts, filling instructions, example files, validation schemes, the validator program of the documents referred to in Art. 2, and the system manuals, due to any adjustments made, must be adopted from the updates informed through the issuance of specific regulation, observing the version available on the BCB website at http://www.bcb.gov.br/?SCR.

Art. 6. For the purposes of item II of Art. 1 of Circular No. 3,445, of 2009, the set of the client's operations for the formation of the documents is considered:

I - of codes 3020 and 3030: the amount of active operations, operations written off as losses, co-obligations and guarantees provided to the client, and interbank transfers, not including in the calculation credits contracted to be disbursed and non-cancelable unconditional and unilateral credit commitments;

II - of code 3040: the amount of active operations, operations written off as losses, co-obligations and guarantees provided to the client, interbank transfers, credits contracted to be disbursed, and non-cancelable unconditional and unilateral credit commitments.

Art. 7. Information regarding the average term and delinquency levels of operations, to be provided in document code 2211, must be updated only on the reference date that represents the last business day of the month.

Art. 8. The delinquency levels, referred to in Art. 7, must be classified in the following ranges:

I - no delinquency or with delinquency of up to 14 days;

II - delinquency between 15 and 30 days;

III - delinquency between 31 and 90 days;

IV - delinquency greater than 90 days.

Art. 9. In addition to the information contained in document code 3026, the following information may be required, upon request, through document code 3025 - Clients Requested by the Central Bank of Brazil:

I - balance sheet data relating to:

a) the three social years prior to the reference date of the request; or

b) the last available balance sheet relating to the year prior to the reference date of the request, when the balance sheet relating to December 31 of the year prior to the reference 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.

Art. 10. Information regarding credit operations for which judicial determination has been made to eliminate their registration in the SCR must continue to be sent for subsequent reference dates to the one in the judicial decision, as established in the system manuals, observed that compliance with the judicial decision will be automatically verified, as registered by the institution.

Art. 11. The communication referred to in the sole paragraph of Art. 3 of Circular No. 3,445, of 2009, must be registered, according to a schedule to be established in the SCR filling instructions, by all controlling institutions, which will inform the data of the institution responsible for the submission of information for registration in the SCR.

Art. 12. In addition to the provisions of Art. 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 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 in the contracts, obtained in the manner provided in Art. 6, § 2, of the Regulation Annexed to Resolution No. 2,309, of August 28, 1996, with the wording given by Art. 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 client 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 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 client, plus revenues and charges of any nature earned, in Operations of Advance on Exchange Contracts (ACC), Advance on Delivered Exchange (ACE), and other advances in national currency;

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

Art. 13. For the purposes of Art. 4 of Circular No. 3,445, of 2009, the following information must be registered in the SCR:

I - operations that have been negotiated with an intervenor or assignor not constituted as one of the institutions mentioned in Art. 4 of Resolution No. 3,658, of 2008;

II - credit operations that have been the object of negotiation between the institutions mentioned in Art. 4 of Resolution No. 3,658, of 2008;

III - credit operations negotiated between the institutions mentioned in Art. 4 of Resolution No. 3,658, of 2008, and investment funds in credit rights, whose risks and benefits were substantially retained through the acquisition of shares of these funds.

Art. 14. Information relating to the following must be registered in the SCR starting from the reference 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 § 1 of Art. 4 of Circular No. 3,445, of 2009;

II - credit instruments issued by natural or legal persons resulting from credit operations of any modality, referred to in Art. 6 of Circular No. 3,445, of 2009;

III - operational leasing operations; and

IV - credit operations:

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

b) acquired by investment funds referred to in item II of Art. 5 of Resolution No. 3,658, of 2008; and

c) acquired in accordance with item I of Art. 8 of Circular No. 3,445, of 2009, observed the provisions of item III of Art. 13 of this Circular Letter.

Art. 15. The institutions referred to in items IV, XI, and XII of Art. 4 of Resolution No. 3,658, of 2008, must provide information to the SCR, starting from the reference date of November 30, 2010, inclusive.

Art. 16. Information regarding the expressions of disagreement referred to in item III of Art. 7 of Resolution No. 3,658, of 2008, must be registered in the SCR, as established in the system manuals.

Art. 17. Information on credit operations must be submitted for registration in the SCR:

I - through documents with codes 3020 and 3030:

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

b) in a consolidated manner by client, when:

1. individually, they present a value lower than that referred to in item II of Art. 1 of Circular No. 3,445, of 2009; and

2. the set of the client's operations is of value equal to or greater than the amount referred to in item 1 above;

c) in an aggregated manner, without identification of the client and of the operations, when:

1. individually, they present a value lower than that referred to in item II of Art. 1 of Circular No. 3,445, of 2009; and

2. the set of the client's operations is of value lower than the amount referred to in item 1 above;

II - through document code 3040, observing the schedule and filling instructions of this document:

a) in an individualized manner, when the set of the client's operations is of value equal to or greater than the amount referred to in item II of Art. 1 of Circular No. 3,445, of 2009; or

b) in an aggregated manner, without identification of the client and of the operations, when the set of the client's operations is of value lower than the amount referred to in letter -a-, considering in the aggregation also the operations framed in accordance with § 1 of Art. 1 of Circular No. 3,445.

Art. 18. Information relating to document 3050 must be calculated:

I - on the reference date that represents the last business day of the reference month, for operations carried out:

a) with directed resources; or

b) with free resources, in the following modalities:

1 - real estate financing;

2 - rural credit;

3 - credit card - cash purchases; or

4 - other free credits; and

II - daily, for the other operations.

Art. 19. Document code 2211 must be sent until the fifth business day following the reference date of March 2, 2012, inclusive, from which its submission will be discontinued.

Art. 20. The reference dates from which the respective documents:

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

II - must be submitted, in the case of the institution starting to present a positive balance in any of the responsibilities mentioned in Art. 3 of Resolution No. 3,658, of 2008, so that their reception is authorized,

may be registered with Desig, for document code 2211, through transaction PMSG750 of the Central Bank Information System (Sisbacen), and for document code 3040, through the SCR functionality.

Art. 21. Transaction PESP930 of Sisbacen may be used to register:

I - the reference date from which document code 3050 will not be submitted, in the case of null balances being calculated in all modalities of credit operations;

II - the submission of document code 3050 only in the manner of item I of Art. 18, given the exclusive carrying out of the credit operations mentioned therein.

Art. 22. Transaction PESP930 of Sisbacen must be used to register:

I - the reference date from which document code 3050 must be submitted, in the case of the institution starting to present a positive balance in any of the modalities of credit operations, so that its reception is authorized;

II - the reference date from which the institution will no longer carry out exclusively the credit operations mentioned in item I of Art. 18.

Art. 23. Financial institutions and other institutions for which the extrajudicial liquidation regime has been decreed are exempt from sending document code 3050.

Sole paragraph. The exemption referred to in this article applies to documents relating to reference dates occurring from September 3, 2010, or from the date of decree of the extrajudicial liquidation of the institution, when this is later.

Art. 24. Any doubts should be sent via email to the electronic address scr.gestao@bcb.gov.br, filling the subject field with the expression "SCR - Detailed, Aggregated and Complementary Information on Credit", when related to the submission of documents with codes 3020, 3026, 3030, 3040, 3045, 3046, 3081, and 3082, or with the expression -Aggregated Statistics of Credit and Financial Leasing-, when related to the submission of documents with codes 2211 and 3050.

Art. 25. This Circular Letter enters into force on the date of its publication.

Art. 26. Circular Letters No. 3,419, of December 10, 2009, No. 3,460, of July 22, 2010, No. 3,463, of August 6, 2010, No. 3,488, of February 17, 2011, No. 3,451, of June 7, 2010, and No. 3,509, of June 2, 2011, are hereby revoked.

Brasília, July 27, 2011.

Tulio Jose Lenti Maciel
Head of Depec

José Reynaldo de Almeida Furlani
Head of Desig, substitute

Annex
Document Catalog Coding (Cadoc)

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

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 Caixa Econômica Federal;

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 code 3020, for file transfer in the PSTAW10 application:

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 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 Caixa Econômica Federal;

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 financial 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 code 3026, for file transfer in the PSTAW10 application:

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 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 Caixa Econômica Federal;

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 financial 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 code 3030, for file transfer in the PSTAW10 application:

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 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 Caixa Econômica Federal;

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 financial 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 credit companies and small business credit companies;

s) 85.1.3.470-2, for securities distribution companies.

V - Document code 3040, for file transfer in the PSTAW10 application:

a) 20.1.3.271-4, for commercial banks;

b) 22.1.3.270-5, for development banks;

c) 24.1.3.477-0, for investment banks;

d) 26.1.3.273-2, for multiple banks;

e) 28.0.3.031-3, for the National Bank for Economic and Social Development (BNDES);

f) 38.0.3.274-1, for the Federal Savings Bank (Caixa Econômica Federal);

g) 39.1.3.033-6, for mortgage companies;

h) 43.1.3.006-1, for central credit cooperatives;

i) 44.1.3.269-7, for single credit cooperatives;

j) 77.1.3.270-5, for leasing companies;

k) 81.1.3.270-8, for credit, financing, and investment companies;

l) 83.1.3.272-0, for real estate credit companies;

m) 84.1.3.007-5, for microentrepreneur credit companies;

n) 05.1.3.013-3, for development agencies;

o) 12.1.3.272-2, for savings and loan associations;

p) 27.1.3.009-4, for foreign exchange banks;

q) 79.1.3.471-8, for securities brokerage companies;

r) 85.1.3.471-9, for securities distribution companies;

s) 74.1.3.018-8, for financial institutions and legal entities in extrajudicial liquidation.

VI - Document code 3050, for file transfer in the PSTAW10 application:

a) 12.1.0.303-6, for savings and loan associations;

b) 20.1.0.306-6, for commercial banks;

c) 27.1.0.003-1, for foreign exchange banks;

d) 22.1.0.202-7, for development banks;

e) 24.1.0.404-7, for investment banks;

f) 26.1.0.404-5, for multiple banks;

g) 28.0.0.005-1, for the National Bank for Economic and Social Development (BNDES);

h) 38.0.0.406-1, for the Federal Savings Bank (Caixa Econômica Federal);

i) 39.1.0.003-6, for mortgage companies;

j) 77.1.0.014-6, for leasing companies;

k) 81.1.0.004-6, for credit, financing, and investment companies;

l) 83.0.0.004-4, for real estate credit companies.