Circular No. 2999 — Amends the minimum value for client identification in the Central Credit Risk System

CIRCULAR NO. 002999

Amends the minimum value for client identification in the Central Credit Risk System.

The Executive Board of the Central Bank of Brazil, in a session held on August 23, 2000, based on the provisions of Resolution No. 2,724 of May 31, 2000,

DECIDED:

Art. 1. Amend the value stated in Article 1 of Circular No. 2,977 of April 6, 2000, regarding operations, the responsibility of clients of multiple banks, commercial banks, Caixa Econômica Federal, investment banks, development banks, real estate credit companies, credit and financing companies, mortgage companies, development agencies, and leasing companies, which must be reported to comply with the provisions of Resolution No. 2,724 of May 31, 2000, to R$5,000.00 (five thousand).

Art. 2. This Circular enters into force on the date of its publication, producing effects from the January 2001 reference date.

Brasília, August 24, 2000

Sérgio Darcy da Silva Alves
Director