RegAlert

Rule · BCB · 12 Jul 1989 · Circular 1510

Circular No. 1510 — Active Operations and Interfinancial Deposits of Financial Institutions: Minimum Terms, Monetary Restatement

monetary

The Central Bank of Brazil's Board set a minimum term of 30 days for active operations carried out by financial institutions and restated under Circular No. 1,484, as amended by Circular No. 1,498. Fixed-term deposits under item III of Resolution No. 1,102, received by a financial institution and restated under the same provision, also have a minimum term of 30 days. The Circular takes effect on the date of its publication.

BrazilBanco Central do Brasil

CIRCULAR N. 001510

ACTIVE OPERATIONS AND INTERFINANCIAL DEPOSITS OF FINANCIAL INSTITUTIONS - MINIMUM TERMS - MONETARY RESTATEMENT

We communicate that the Board of the Central Bank of Brazil, at its meeting held on this date, in view of the provisions of article 3 of Law No. 7,801 of 11.07.89, decided to set at 30 (thirty) days the minimum term of active operations carried out by financial institutions, restated in the form of subparagraph "b" of item 1 of Circular No. 1,484 of 17.05.89, as amended by subparagraph "a" of item 1 of Circular No. 1,498 of 21.06.89.

  1. Fixed-term deposits referred to in item III of Resolution No. 1,102 of 28.02.86, received by a financial institution and restated in the form provided for in the aforementioned subparagraph "b" of Circular No. 1,484, shall have a minimum term of 30 (thirty) days.

  2. This Circular shall enter into force on the date of its publication.

Brasília-DF, July 12, 1989

Keyler Carvalho Rocha Wadico Waldir Bucchi Director Director

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Annotations and obligations
1 obligation · 2 definitions
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  • Definition / condition 2
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Lineage: Amended

A newer document in RegAlert amends this one; it applies as amended.

Law No. 7801 dated 1989-07-11Not in RegAlertLaw No. 7801 dated 1989-07-11 — Not in RegAlertCircular No. 1510 — ActiveOperations and Interfinancial…1989-07-12 · this documentCircular No. 1510 — Active Operations and Interfinancial Deposits of Financial Institutions: Minimum Terms, Monetary Restatement (1989-07-12)Circular No. 1543 — InterbankDeposits: Complementary Standards…1989 · BCBCircular No. 1543 — Interbank Deposits: Complementary Standards to Resolution No. 1,647 of October 18, 1989 (1989-10-25)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
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Amended by
Issued under
  • Law No. 7801 dated 1989-07-11Not in RegAlert

    “in view of the provisions of article 3 of Law No. 7,801 of 11.07.89”

Timeline

Amended 1 time · last 1989-10-25

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