Circular Letter No. 3763 - Amends the Legal and Administrative Restrictions Manual of the Credit Information System (SCR), the Layout and Filling Instructions for Document 3040 - Credit Risk Data

The Head of the Financial System Monitoring Department (Desig), using the authority conferred by Article 23, item I, letter “a”, of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84,287, of February 27, 2015, based on Article 77, item III, of the aforementioned Regulations, and considering the provisions of Circular No. 3,567, of December 12, 2011,

RESOLVES:

Art. 1º The following new versions shall enter into force:

I - the Layout and Filling Instructions for Document code 3040 - Credit Risk Data, as of the data base of May 2016; and

II - the Manual of Legal and Administrative Restrictions of the Credit Information System (SCR), as of May 1, 2016.

Sole Paragraph. The new versions referred to in this article will be available on the Central Bank of Brazil’s website at the electronic address http://www.bcb.gov.br/?DOC3040.

Art. 2º The new versions include the following modifications:

I - in Annex 3 (“Operation Modality – Mod”) of the Layout of Document 3040:

a) alteration of the description of domain 14 to “Interbank Relations”;

b) inclusion, in domain 14, of subdomain (Sub) 02, with the description “Receivables from Payment Arrangement”.

II - in the Filling Instructions for Document 3040: inclusion of the definition of subdomain 02 - Receivables from Payment Arrangements;

III - in the Manual of Legal and Administrative Restrictions: inclusion of instructions for registration in the SCR of information relating to clients in judicial recovery, extrajudicial recovery, or bankruptcy, and their respective operations.

Art. 3º The registration referred to in item III of Article 2º of this Circular Letter, to be carried out through the Legal and Administrative Restrictions management functionality of the SCR, must include all stages of the judicial recovery, extrajudicial, or bankruptcy process and their respective dates, with the identification of clients and, optionally, of the bankruptcy and non-bankruptcy operations.

§ 1º Information relating to stages starting from April 2, 2016, must be registered within 60 days counted from their respective publication in an official organ.

§ 2º Information relating to clients who are in a process of judicial recovery, extrajudicial recovery, or bankruptcy as of April 1, 2016, must be registered according to the following schedule:

1. for processes initiated during the year 2016, the registration must be completed by May 31, 2016; and
2. for processes initiated before January 1, 2016, the registration must be completed by June 30, 2016.

§ 3º Registrations relating to clients falling under letter “b” of § 2º of this article may, alternatively, be carried out by sending a file, necessarily including the most recent stage of the process and its respective date, the layout of which is available at the electronic address mentioned in Article 1º of this Circular Letter.

Art. 4º This Circular Letter enters into force on the date of its publication.

Gilneu Francisco Astolfi Vivan