Circular No. 3.908

The Collegiate Board of the Central Bank of Brazil, in a session held on 15 August 2018, based on arts. 9 of Law No. 4.595, of 31 December 1964, and 2 of Resolution No. 4.368, of 11 September 2014, and having regard to the provisions of art. 7 of Resolution No. 4.659, of 26 April 2018,

R E S O L V E S :

Art. 1 The summary of Circular No. 3.720, of 11 September 2014, shall henceforth be in force with the following wording:

"Provides for the submission by single credit cooperatives of the document Information on Cooperative Relationships." (NR)

Art. 2 Circular No. 3.720, of 2014, shall henceforth be in force with the following amendments:

"Art. 1 Single credit cooperatives must prepare and submit to the Central Bank of Brazil, monthly, the document 5300 – Information on Cooperative Relationships, with code 44.1.3.271-4, of the Catalog of Documents (Cadoc).

§ 1 The document referred to in the caput must contain information relating:

• I - to the cooperative members and their legal or conventional representatives, when any; and

• II - to the depositing municipalities, their bodies and entities and the companies controlled by them.

............................................................" (NR)

"Art. 4-A Single credit cooperatives must register the name of the director responsible for compliance with the prudential requirements referred to in Resolution No. 4.659, of 26 April 2018, in the Information System on Entities of Interest to the Central Bank (Unicad), established by Circular No. 3.165, of 4 December 2002." (NR)

"Art. 7 The document referred to in art. 1 must be submitted as from November 2018, with a base date relating to the immediately preceding month." (NR)

Art. 3 This Circular enters into force on 1 November 2018.

Otávio Ribeiro Damaso Director of Regulation