Circular No. 3047 — Establishes the Obligation to Prepare and Submit the International Banking Statistics (EBI) Document

CIRCULAR NO. 003047

Establishes the obligation to prepare and submit the International Banking Statistics (EBI) document.

The Collegiate Board of the Central Bank of Brazil, in a session held on July 11, 2001, based on Article 4, item XII, of Law No. 4,595 of December 31, 1964, by competence delegated by the National Monetary Council, by act of July 19, 1978,

D E C I D E D:

Article 1. Establish the obligation to prepare and submit to the Central Bank of Brazil, by multiple banks, by commercial banks, and by Caixa Econômica Federal, at the end of each civil quarter, the International Banking Statistics document - EBI, starting from the reference date of June 30, 2001, inclusive.

Paragraph 1. The provisions of this article do not apply to institutions that have a zero balance regarding the asset and liability positions contained in the EBI, provided that this condition is communicated to the Central Bank of Brazil/Department of Registration and Information of the Financial System (DECAD), also observing that the occurrence of a positive balance will entail the need for immediate communication of the fact to that Department.

Paragraph 2. Multiple banks without a commercial portfolio are exempt from submitting the information referred to in the caput.

Paragraph 3. The structure of the EBI will be the subject of subsequent disclosure.

Paragraph 4. The EBI must be submitted within 45 days after the respective reference date, observing the following coding of the Document Catalog (CADOC):

SEGMENT CADOC CODE

Commercial Banks 20.1.4.002-9
Multiple Banks 26.1.4.002-3
Caixa Econômica Federal 38.0.4.002-5.

Paragraph 5. The document relating to the reference date of June 30, 2001, may be delivered until October 31, 2001.

Article 2. The failure to provide, late provision, or late rectification of the information required by this Circular will result in the application of the penalties provided for in Resolution No. 2,194 of August 31, 1995.

Article 3. Circular No. 3,034 of May 10, 2001, is revoked.

Article 4. This Circular enters into force on the date of its publication.

Brasília, July 13, 2001

Ilan Goldfajn Edison Bernardes dos Santos
Director of Economic Policy Director of Administration

Sérgio Darcy da Silva Alves
Director of Standards and Organization of the Financial System