Circular No. 2132 — Dispenses on the Daily Submission of Information to the Central Bank of Brazil

CIRCULAR No. 002132

TO
MULTIPLE BANKS, COMMERCIAL BANKS, INVESTMENT BANKS, DEVELOPMENT BANKS, SAVINGS BANKS, CREDIT, FINANCING AND INVESTMENT COMPANIES, REAL ESTATE CREDIT COMPANIES AND SAVINGS AND LOAN ASSOCIATIONS.

DISPENSES ON THE DAILY SUBMISSION OF INFORMATION TO THE CENTRAL BANK OF BRAZIL.

WE COMMUNICATE THAT THE BOARD OF DIRECTORS OF THE CENTRAL BANK OF BRAZIL, IN A SESSION HELD ON 06.02.92, HAVING REGARD TO THE PROVISIONS OF ART. 37 OF LAW No. 4.595, OF 31.12.64, AND ART. 3, PARAGRAPH IX, OF LAW 4.728, OF 14.07.65, DECIDED:

ART. 1. THE INSTITUTIONS MENTIONED ABOVE MUST INFORM DAILY, BY THE THIRD BUSINESS DAY SUBSEQUENT TO THE BASE DATE, THE BALANCE OF THE ACCOUNTS LISTED BELOW:

I - 1.1.1.00.00-9 - CASH;

II - FREE FEDERAL SECURITIES, RESULTING FROM THE SUM OF THE FOLLOWING ITEMS:

1.3.1.10.03-5 - FINANCIAL LETTERS OF THE TREASURY 1.3.1.10.05-9 - NATIONAL TREASURY LETTERS 1.3.1.10.07-3 - NATIONAL TREASURY NOTES 1.3.1.10.10-7 - NATIONAL TREASURY OBLIGATIONS 1.3.1.10.12-1 - NATIONAL TREASURY BONUSES 1.3.1.10.15-2 - CENTRAL BANK LETTERS 1.3.1.10.16-9 - CENTRAL BANK NOTES 1.3.1.10.18-3 - CENTRAL BANK BONUSES;

III - 1.3.1.10.20-0 - STATE AND MUNICIPAL BONDS;

IV - 1.3.4.00.00-6 - LINKED TO THE CENTRAL BANK;

V - CDB - FREE PORTFOLIO, RESULTING FROM THE SUM OF THE FOLLOWING ITEMS:

1.3.1.10.25-5 - BANK DEPOSIT CERTIFICATES
1.3.1.10.30-3 - CDB - AFFILIATED FINANCIAL INSTITUTION 1.3.1.90.10-3 - BANK DEPOSIT CERTIFICATES;

VI - LETTERS OF EXCHANGE - FREE PORTFOLIO, RESULTING FROM THE SUM OF THE FOLLOWING ITEMS:

1.3.1.10.35-8 - LETTERS OF EXCHANGE
1.3.1.10.40-6 - LC - AFFILIATED FINANCIAL INSTITUTION 1.3.1.90.20-6 - LETTERS OF EXCHANGE;

VII - REAL ESTATE LETTERS - FREE PORTFOLIO, RESULTING FROM THE SUM OF THE FOLLOWING ITEMS:

1.3.1.10.45-1 - REAL ESTATE LETTERS
1.3.1.10.50-9 - LI - AFFILIATED FINANCIAL INSTITUTION 1.3.1.90.30-9 - REAL ESTATE LETTERS;

VIII - MORTGAGE LETTERS - FREE PORTFOLIO, RESULTING FROM THE SUM OF THE FOLLOWING ITEMS:

1.3.1.10.55-4 - MORTGAGE LETTERS
1.3.1.10.60-2 - LH - AFFILIATED FINANCIAL INSTITUTION 1.3.1.90.40-2 - MORTGAGE LETTERS;

IX - BOOK CURRENCY BALANCE, RESULTING FROM THE SUM OF THE FOLLOWING ITEMS:

4.1.1.10.00-7 - DEPOSITS FROM INDIVIDUALS
4.1.1.20.00-4 - DEPOSITS FROM LEGAL ENTITIES
4.1.1.25.00-9 - DEPOSITS FROM COMPANIES LOCATED IN FREE ZONES 4.1.1.30.00-1 - DEPOSITS FROM FINANCIAL INSTITUTIONS 4.1.1.35.00-6 - DEPOSITS FROM INSURANCE MARKET INSTITUTIONS 4.1.1.40.00-8 - DEPOSITS FROM GOVERNMENTS 4.1.1.45.00-3 - TRAVELER'S CHEQUES 4.1.1.50.00-5 - CERTIFIED CHEQUES 4.1.1.55.00-0 - SALARY CHEQUES 4.1.1.60.00-2 - DEPOSITS FROM RESIDENTS ABROAD 4.1.1.90.00-3 - CREDITOR BALANCES IN LOAN AND FINANCING ACCOUNTS;

X - 4.1.5.10.00-9 - TIME DEPOSITS, DEDUCTING THE RESPECTIVE EXPENSES TO BE APPROPRIATED;

XI - 4.3.1.00.00-8 - RESOURCES FROM ACCEPTANCE LETTERS;

XII - 4.3.2.00.00-1 - RESOURCES FROM REAL ESTATE LETTERS;

XIII - 4.3.3.00.00-4 - RESOURCES FROM MORTGAGE LETTERS.

SINGLE PARAGRAPH. FOR THE PURPOSES OF THIS ARTICLE, ANY STATE OR MUNICIPAL HOLIDAYS SHALL BE CONSIDERED BUSINESS DAYS.

ART. 2. WITHIN THE SAME DEADLINE AND PERIODICITY CITED IN THE PREVIOUS ARTICLE, DEPOSIT-TAKING INSTITUTIONS MUST PROVIDE THE FOLLOWING INFORMATION REGARDING CDB/RDB AND PRIOR NOTICE DEPOSITS ISSUED BY THEM:

I - TOTAL VALUE REDEEMED ON THE DAY;

II - TOTAL VALUE CAPTURED ON THE DAY;

III - END-OF-DAY BALANCE;

IV - AVERAGE DAILY EMISSION RATE (RATIO BETWEEN THE SUM OF THE PRODUCTS OF THE DAILY RATES BY THE VALUE CAPTURED IN EACH INSTRUMENT AND THE TOTAL VALUE CAPTURED ON THE DAY).

SINGLE PARAGRAPH - THE INFORMATION REFERRED TO IN THIS ARTICLE MUST BE SEPARATED BY TYPE OF PAPER (PRE-FIXED OR POST-FIXED) AND IN FOUR CLIENT GROUPS, TO WIT:

A - GROUP A: FINANCIAL INSTITUTIONS;

B - GROUP B: INSTITUTIONAL INVESTORS;

C - GROUP C: OTHER LEGAL ENTITIES;

D - GROUP D: INDIVIDUALS.

ART. 3. THE INFORMATIONS REQUESTED MUST BE PROVIDED USING THE CENTRAL BANK INFORMATION SYSTEM - SISBACEN, THROUGH THE PESP500 TRANSACTION (UPDATE OF SPECIAL INFORMATION), OBSERVING THE FOLLOWING CODES:

INSTITUTIONS CADOC CODE

MULTIPLE BANK 26.1.0.030-0 COMMERCIAL BANK 20.1.0.030-6 INVESTMENT BANK 24.1.0.030-2 DEVELOPMENT BANK 22.1.0.030-4 FEDERAL SAVINGS BANK 38.0.0.030-5 STATE SAVINGS BANK 36.1.0.030-7 CREDIT, FINANCING AND INVESTMENT COMPANY 81.1.0.030-7 REAL ESTATE CREDIT COMPANY 83.1.0.030-5 SAVINGS AND LOAN ASSOCIATION 12.1.0.030-7

SINGLE PARAGRAPH - INSTITUTIONS THAT DO NOT YET HAVE CREDENTIALING WITH SISBACEN MUST PROVIDE FOR IT, THROUGH SPECIFIC FORMS, AT THE DEPARTMENT OF INFORMATION TECHNOLOGY (DEINF) OR AT THE REGIONAL DELEGACIES OF THE CENTRAL BANK OF BRAZIL.

ART. 4. INSTITUTIONS WHOSE BALANCES IN ALL ITEMS DISCRIMINATED IN THIS REGULATORY ARE ZERO, AS WELL AS REAL ESTATE CREDIT COMPANIES CLASSIFIED AS RELEASERS, ARE EXEMPT FROM PROVIDING THE REQUIRED INFORMATION, MUST COMMUNICATE THIS CONDITION TO THE DEPARTMENT OF REGISTRATION/ACCOUNTING AND ECONOMIC-FINANCIAL REGISTERS DIVISION (DECAD/DICON; SBS - HEADQUARTERS BUILDING OF THE CENTRAL BANK - 14TH FLOOR - TEL.: 061-214.2229 AND 214.1888).

ART. 5. INSTITUTIONS MAY ALTER THE DATA SENT ONLY WITHIN THE INFORMATION DEADLINE AND, AFTER THIS DEADLINE, ONLY UPON WRITTEN REQUEST ADDRESSED TO:

I - TO DECAD/DICON, IN THE CASE OF POSITIONS REFERRED TO IN ARTICLE 1 OF THIS CIRCULAR; OR

II - TO THE DEPARTMENT OF SPECIAL STUDIES AND MONITORING OF THE FINANCIAL SYSTEM (DEASF), IN THE CASE OF THE INFORMATION REFERRED TO IN ARTICLE 2 OF THIS SAME REGULATORY.

ART. 6. THE NON-SUBMISSION OF THE INFORMATION REFERRED TO IN THIS CIRCULAR, WITHIN THE FIXED DEADLINE, SUBJECTS THE INSTITUTION TO A FINE OF CR$ 100,000.00 (ONE HUNDRED THOUSAND CRUZEIROS) PER DAY OF DELAY, WITHOUT PREJUDICE OF THE OTHER SANCTIONS PROVIDED FOR IN THE LEGISLATION IN FORCE.

PARAGRAPH 1. THE FINE REFERRED TO IN THIS ARTICLE WILL BE CHARGED TO THE "BANKING RESERVES" ACCOUNT OF THE INSTITUTION OR, IN ITS ABSENCE, TO THE RESPECTIVE ACCOUNT OF THE MULTIPLE BANK HOLDING A COMMERCIAL PORTFOLIO, COMMERCIAL BANK OR SAVINGS BANK WITH WHICH THE INSTITUTION HAS ESTABLISHED AN AGREEMENT.

PARAGRAPH 2. THE AGREEMENT PROVIDED FOR IN THE PREVIOUS PARAGRAPH DOES NOT IMPLY ANY RESPONSIBILITY OF THE HOLDER OF THE "BANKING RESERVES" ACCOUNT WITH RESPECT TO THE CENTRAL BANK OF BRAZIL, EXCEPT IN THE CASE WHERE THE ENTRIES TRANSITED BY IT ARE NOT CHALLENGED BY THE BUSINESS DAY SUBSEQUENT TO THE EVENT.

ART. 7. INSTITUTIONS COVERED BY THIS REGULATORY MUST INFORM DECAD/DIREC (DECAD/DIVISION OF REGISTERED RECORDS; SBS - HEADQUARTERS BUILDING OF THE CENTRAL BANK - 14TH FLOOR - TEL.: 061-214.1518 AND 214.1678), BY 05.03.92, AND KEEP PERMANENTLY UPDATED THE FOLLOWING DATA:

I - NAMES, CPFs AND CONTACT TELEPHONES OF THE RESPONSIBLE FOR THE PREPARATION OF THE POSITIONS REFERRED TO IN ARTICLE 1 OF THIS CIRCULAR;

II - NAMES, CPFs AND CONTACT TELEPHONES OF THE RESPONSIBLE FOR THE PREPARATION OF THE INFORMATION MENTIONED IN ARTICLE 2;

III - CGC AND NAME OF THE FINANCIAL INSTITUTION IN WHOSE "BANKING RESERVES" ACCOUNT THE FINES PROVIDED FOR IN THIS REGULATORY WILL BE DEBITED.

ART. 8. THIS CIRCULAR ENTERS INTO FORCE ON THE DATE OF ITS PUBLICATION, PRODUCING EFFECTS FROM THE DATA INFORMED WITH REFERENCE TO THE BASE DATE OF 28.02.92.

ART. 9. CIRCULAR No. 1.854, OF 30.11.90, AND LETTER-CIRCULAR No. 2.171, OF 21.05.91, ARE REVOKED FROM 28.02.92, AND THE INFORMATION REFERRED TO IN THESE REGULATORY MUST BE PROVIDED WITHIN THE DEADLINES DETERMINED THEREIN, UNTIL THE BASE DATE OF 27.02.92.

BRASÍLIA (DF), FEBRUARY 6, 1992

GUSTAVO JORGE LABOISSIÈRE LOYOLA LUIZ NELSON GUEDES DE CARVALHO DIRECTOR DIRECTOR