Circular No. 2.810

CIRCULAR N. 002810 ------------------ Amends the weighting factors of constants in the Asset Classification Table annexed to Resolution No. 2.099, of 17.08.94, and creates accounts in COSIF. The Board of Directors of the Central Bank of Brazil, in a session held on 18.03.98, based on art. 4, item XII, of Law No. 4.595, of 31.12.64, by competence delegated by the National Monetary Council, by act of 19.07.78, and based on art. 2, paragraph 2, of Regulation Annex IV to Resolution No. 2.099, of 17.08.94, D E C I D E D: Art. 1 Reduce, from 100% (one hundred percent) to 0% (zero percent), the risk weighting factor applicable to the portions of credits guaranteed by the Fund for Guarantee for the Promotion of Competitiveness - FGPC, created by Law No. 9.531, of 10.12.97, arising from financing operations carried out by financial institutions, including by the National Bank for Economic and Social Development - BNDES, with funds originating from BNDES and the Special Agency for Industrial Financing - FINAME. Art. 2 Create, as a result of the provisions of the previous article, the accounts 3.0.4.65.00-0 VALUES GUARANTEED BY FGPC and 9.0.4.65.00-2 FGPC - VALUES UNDER GUARANTEE, attributes UBDKIFERLMNZ and ESTBAN codes 300 and 800, respectively, intended for the recording of the portions of financing guaranteed with funds from the aforementioned Fund. Art. 3 Include the account 3.0.4.65.00-0 VALUES GUARANTEED BY FGPC in the annexed table referred to in art. 2, paragraph 1, of Regulation Annex IV to Resolution No. 2.099, of 17.08.94, with the wording given by art. 1 of Circular No. 2.568, of 04.05.95, with a negative sign and weighting factor 100% (one hundred percent). Art. 4 Establish that operations with guarantee of FGPC funds must be classified in the appropriate financing accounts and controlled in subaccounts for internal use. Art. 5 This Circular enters into force on the date of its publication. Brasília, 18 March 1998 Sérgio Darcy da Silva Alves Director