Circular Letter No. 3527 — Amends the procedure for reporting information to the Credit Information System (SCR)

CIRCULAR LETTER NO. 003527

Amends the procedure to be observed in the sending of information to the Credit Information System (SCR), as provided for in Circular No. 3,567 of December 12, 2011.

The Head of the Economic Department (Depec) and the Deputy Head of the Department for Monitoring the Financial System (Desig), in the exercise of the powers conferred by Article 22, item I, letter "a" of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 29,971 of March 4, 2005, in accordance with the provisions of Article 10, item II, of Law No. 4,595 of December 31, 1964, and Article 15 of Circular No. 3,567 of December 12, 2011,

RESOLVE:

Art. 1 For the purposes of the provisions of Article 1, item II and §§ 1 and 2, of Circular No. 3,567 of 2011, with respect to credit operations provided individually, the client's operation set, for the formation of documents 3020, 3030, and 3040, is considered to be the total amount of active operations, operations written off as losses, co-obligations and guarantees provided to the client, and interbank pass-throughs, and the credits contracted for disbursement and the unconditional and unilateral non-cancelable credit commitments shall not be included in the calculation.

Art. 2 Article 6 of Circular Letter No. 3,517 of July 27, 2011, is hereby revoked.

Art. 3 This Circular Letter enters into force on the date of its publication.

Brasília, December 22, 2011.

Economic Department (Depec) Department for Monitoring of the Financial System (Desig)

Tulio José Lenti Maciel José Reynaldo de Almeida Furlani Head Deputy Head