Circular No. 3214 — Dispenses on the Submission of Documents within the Central Credit Risk System (SCR)

CIRCULAR NO. 003214

Dispenses on the Submission of Documents within the Central Credit Risk System (SCR).

The Collegiate Board of the Central Bank of Brazil, in a session held on December 10, 2003, based on Article 4 of Resolution 2,724, of May 31, 2000, Resolution 2,798, of November 30, 2000, and Article 16 of Resolution 2,901, of October 31, 2001,

DECIDED:

Art. 1. Amend the submission date for the Cadoc 3020 - Individualized Credit Risk Data and Cadoc 3030 - Aggregated Credit Risk Data documents, referring to the base dates from September 2002 to October 2003, to December 20, 2003.

Art. 2. Amend the submission date for the Cadoc 3026 - Additional Individualized Credit Risk Data document, referring to the base dates of December 2002 and June 2003, to December 20, 2003.

Art. 3. Waive the submission of the Cadoc 3020 and 3030 documents referring to the base dates from May 2002 to August 2002 and of the Cadoc 3026 document referring to the base date of June 2002.

Art. 4. Postpone the obligation to submit additional information within the Central Credit Risk System, as provided for in Circular 3,098, of March 20, 2002, by microentrepreneur credit societies and credit cooperatives whose classified portfolio does not exceed R$ 2,000,000.00 (two million reais).

Sole Paragraph. Excluded from the provisions of this article are the cooperatives referred to in Article 6, item V, of the Regulation Annexed to Resolution 3,106, of June 25, 2003, and "Luzzatti" type credit cooperatives.

Art. 5. Establish that institutions subject to the submission of the information provided for in Circular 3,098, of 2002, designate a responsible person for sending the aforementioned information to the Central Bank of Brazil.

Paragraph 1. The name of the responsible person for sending the information must be included in the Registry of Institutions of Interest of the Central Bank (Unicad) within the 30th day following the issuance of this regulation, and said record must be kept permanently updated.

Paragraph 2. The responsible person for sending the information must be able to respond to any questions formulated by this Autarchy, and for this purpose, must forward and resolve, within the institution, matters related to the system.

Art. 6. Exempt institutions that are in the process of extrajudicial liquidation and that do not have operations capable of being reported to the Central Credit Risk System from submitting to the Central Bank of Brazil the information provided for in Circular 3,098, of 2002, through a request to the Department of Information Management of the Financial System - DEFIN.

Art. 7. Establish, for institutions subject to the submission of the information provided for in Circular 3,098, of 2002, the obligation to include and rectify information referring to the last 13 (thirteen) base dates.

Sole Paragraph: The Central Bank of Brazil is authorized to require the submission and rectification of documents referring to periods prior to the period stipulated in this article.

Art. 8. This Circular enters into force on the date of its publication.

Art. 9. Circular 3,183, of March 12, 2003, and Paragraph 2 of Article 3 of Circular 3,098, of March 20, 2002, are hereby repealed.

Brasília, December 11, 2003.

Paulo Sérgio Cavalheiro
Director