Circular No. 2544 — Establishes new operational conditions for the Credit Operations with the Public Sector Registration System, amending Circulars No. 2,367 and No. 2,376

CIRCULAR NO. 002544

Establishes new operational conditions relative to the implementation of the System for the Registration of Credit Operations with the Public Sector, amending Circulars No. 2,367, of 09/23/93, and No. 2,376, of 11/04/93.

The Board of Directors of the Central Bank of Brazil, in a session held on 02/15/95, based on art. 37 of Law No. 4,595, of 12/31/64, and having in view the provisions of arts. 8, 10 and 11 of Resolution No. 2,008, of 07/28/93,

DECIDED:

Art. 1 Establish that the System for the Registration of Credit Operations with the Public Sector shall now have four information modules, thus identified:

I - Cadastre Information;

II - Information on Release and Payment Movement;

III - Information on the Borrower's Status;

IV - Monthly Information.

Art. 2 Establish that Financial Institutions and Leasing Companies shall provide the Central Bank of Brazil with information on each credit operation maintained with an Agency or Entity of the Public Sector, observing the following codes defined in the Document Catalog (CADOC):

I - The cadastre information and the information regarding the movement of released and/or recovered resource installments relative to the Agencies of the Direct Administration of the Powers of the Union, of the States, of the Federal District, of the Municipalities and their respective Autarchies, identified in the CADOC by the name CREDIT OPERATIONS WITH THE PUBLIC SECTOR - CADASTRE DATA AND MOVEMENT OF OPERATIONS WITH THE DIRECT ADMINISTRATION AND AUTARCHIES, shall be reported through the PDIP500 Transaction, within 3 (three) business days after the occurrence of the event, under the following coding:

SEGMENT CADOC CODE
Commercial Banks 20.1.9.560-3
Development Banks 22.1.9.252-5
Investment Banks 24.1.9.457-6
Multiple Banks 26.1.9.651-0
National Bank for Economic and Social Development (BNDES) 28.0.9.151-0 State Savings Banks 36.1.9.394-3 Federal Savings Bank 38.0.9.395-5 Leasing Companies 77.1.9.300-5 Credit, Financing and Investment Companies 81.1.9.338-3 Real Estate Credit Companies 83.1.9.272-2;

II - The monthly information on credit operations of the Agencies of the Direct Administration of the Powers of the Union, of the States, of the Federal District, of the Municipalities and their respective Autarchies, identified in the CADOC by the name CREDIT OPERATIONS WITH THE PUBLIC SECTOR - MONTHLY DATA OF THE DIRECT ADMINISTRATION AND AUTARCHIES, shall be reported monthly, via the PDIP500 transaction or through the submission of a file on magnetic media, until the 20th (twenty) day of the following month, under the following coding:

SEGMENT CADOC CODE
Commercial Banks 20.1.3.182-5
Development Banks 22.1.3.156-2
Investment Banks 24.1.3.466-0
Multiple Banks 26.1.3.251-2
National Bank for Economic and Social Development (BNDES) 28.0.3.005-2 State Savings Banks 36.1.3.248-5 Federal Savings Bank 38.0.3.249-7 Leasing Companies 77.1.3.156-2 Credit, Financing and Investment Companies 81.1.3.156-5 Real Estate Credit Companies 83.1.3.248-3;

III - The cadastre and movement information on credit operations of the other Agencies and Entities of the Public Sector, identified in the CADOC by the name CREDIT OPERATIONS WITH THE PUBLIC SECTOR - CADASTRE DATA, MOVEMENT AND MONTHLY DATA OF OTHER AGENCIES AND ENTITIES OF THE PUBLIC SECTOR, shall be reported monthly, via PDIP500 or through a file on magnetic media, until the 20th (twenty) day of the following month, under the following coding:

SEGMENT CADOC CODE
Commercial Banks 20.1.3.184-9
Development Banks 28.0.3.063-6
Investment Banks 24.1.3.468-4
Multiple Banks 26.1.3.253-6
National Bank for Economic and Social Development (BNDES) 28.0.3.063-6 State Savings Banks 36.1.3.249-2 Federal Savings Bank 38.0.3.251-4 Leasing Companies 77.1.3.158-6 Credit, Financing and Investment Companies 81.1.3.158-9 Real Estate Credit Companies 83.1.3.249-0;

IV - The information on the status of the borrower of the credit operations of the Agencies and Entities of the Public Sector, identified in the CADOC by the name CREDIT OPERATIONS WITH THE PUBLIC SECTOR - INFORMATION ON THE BORROWER'S STATUS, shall be reported through the PDIP500 Transaction, within 3 (three) business days after the characterization of the situation, under the following coding:

SEGMENT CADOC CODE
Commercial Banks 20.1.9.561-0
Development Banks 22.1.9.253-2
Investment Banks 24.1.9.458-3
Multiple Banks 26.1.9.652-7
National Bank for Economic and Social Development (BNDES) 28.0.9.152-7 State Savings Banks 36.1.9.395-0 Federal Savings Bank 38.0.9.396-2 Leasing Companies 77.1.9.301-2 Credit, Financing and Investment Companies 81.1.9.339-0 Real Estate Credit Companies 83.1.9.273-9.

Art. 3 Establish a deadline of up to 06/30/95 for Financial Institutions and Leasing Companies to update, without errors or omissions, the data referring to their operations maintained with Agencies or Entities of the Public Sector, including here the modules of Cadastre, Movement and Monthly Information. The Borrower Status module shall only be reported if the borrower is in default or with suspended payment.

I - The data records relative to credit operations contracted by Agencies of the Direct Administration and Autarchies of the Union, of States, of the Federal District and of Municipalities, from 07/01/95, shall obey the following:

a) Modules I, II and III - shall be carried out, without errors or omissions, within 3 (three) business days after the occurrence of the event;

b) Module IV - shall be carried out, without errors or omissions, until the 20th (twenty) day of the following month.

II - The data records relative to credit operations contracted by the other Agencies and Entities of the Public Sector, from 07/01/95, shall obey the following:

a) Modules I, II and IV - shall be carried out, without errors or omissions, until the 20th (twenty) day of the following month;

b) Module III - shall be carried out, without errors or omissions, within 3 (three) business days after the occurrence of the event that characterizes default or suspended payment of the credit operation.

Art. 4 Determine that non-observance of the deadlines fixed in art. 3 shall subject the Financial Institution to a monetary fine, observing, insofar as applicable, the criteria defined in art. 5 of Circular No. 2,367, of 09/23/93.

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

Brasília, February 23, 1995

Alkimar Ribeiro Moura Carlos Eduardo T. de Andrade Director of Monetary Policy Director of Administration