Circular Letter No. 3961 — Amends the Layout and Filling Instructions for Document 3040 - Credit Risk Data

The Head of the Department of Financial System Monitoring (Desig), in the exercise of 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 in view of the provisions of Resolution No. 4,571, of May 26, 2017, Circular No. 3,870, of December 19, 2017, and Circular Letter No. 3,869, of March 19, 2018,

RESOLVES:

Art. 1º The new versions of the Layout and Filling Instructions for document 3040 - Credit Risk Data shall come into force, according to the schedule specified below, available on the Central Bank of Brazil’s internet page, at the electronic address https://www.bcb.gov.br/estabilidadefinanceira/scrdoc3040.

Art. 2º The following modifications were made, effective from the September 2019 reference date:

I. Annex 3 – Operation Modality: domains 0212 (Loans - microcredit) and 0403 (Financing – microcredit) must be used exclusively for information related to Oriented Productive Microcredit, observing the provisions of Resolution No. 4,713, of March 28, 2019;

II. Annex 26 – Additional Information: domain 1401 (Regulatory Application – Compliance with mandatory direction of demand deposits for microfinance) must be used, exclusively, for compliance with the exigibility provided for in Law No. 10,735, of September 11, 2003;

III. Annex 8 – Special Characteristic: domain 15 (operations directed according to Law 10,735) is excluded from the table.

Sole Paragraph. Credit operations currently reported with the marking of the domain referred to in item III must be reported with the marking referred to in item II.

Art. 3º The following new domain inclusions were made, effective from the November 2019 reference date:

I. Annex 2 – Nature of the Operation: domain 34 (Credit operations of administered public funds);

II. Annex 8 – Special Characteristic: domain 21 (Productive Activity) and domain 22 (Operation contracted and assigned on the same reference date, without substantial retention of risk);

III. Annex 26 – Additional Information: domain 22 (Non-owned operation) and subdomains 01 (identification of the similar entity) and 02 (identification of administered public fund), which must contain the information “CNPJ” in the <Ident> field.

Art. 4º Information regarding credit operations granted by institutions and entities, which are subject to negotiation with transfer of substantial risks and benefits or control in the same month of grant, must be provided to the Credit Information System (SCR) by the assigning institution starting from the November 2019 reference date, as provided for in the sole paragraph of Article 6 of Circular No. 3,870, of December 19, 2017.

§ 1º During the first 6 (six) months of submission, the information referred to in the caput shall be treated under the assisted production regime.

§ 2º For the purpose of submitting the information referred to in the caput, the domain referred to in letter “b”, of item II, of Article 3 of this Circular Letter must be used.

Art. 5º This Circular Letter enters into force on the date of its publication.

Gilneu Francisco Astolfi Vivan