BANCO CENTRAL DO BRASIL

CIRCULAR Nº 3.402

Provides for the submission of financial statements to the Banco Central do Brasil.

The Board of Directors of the Banco Central do Brasil, in a session held on 26 August 2008, based on Art. 4º, item XII, and 37 of Law No. 4,595 of 31 December 1964, by virtue of authority delegated by the National Monetary Council, by act of 19 July 1978,

D E C I D E D :

Art. 1º Financial institutions, other institutions authorized to operate by the Banco Central do Brasil, and consortium administrators must prepare and submit their financial statements to the Banco Central do Brasil, observing the terms of the tables presented in Annexes 1 and 2 of this circular.

§ 1º For the purposes of the provisions of Annex 1 of this circular, the following are considered:

I - Classified Portfolio: the balance value presented in subgroup 3.1.0.00.00-0, as established in the Cosif;

II - Total Assets: the value of the sum of the balances presented in groups 1.0.0.00.00-7 and 2.0.0.00.00-4, as established in the Cosif.

§ 2º For the purposes of classifying the institutions referred to in this article, in groups 04 to 09 of the table presented in Annex 1 of this circular, the values of the classified portfolio and total assets must be determined as of the reference date of 30 September of the preceding year.

Art. 2º Financial statements for dates other than the reference dates established in Annex 2 of this circular must be submitted whenever requested by the Department of Financial System Monitoring and Information Management (Desig).

Art. 3º Divergences of up to 5% (five percent) per risk level and 2.5% (two and a half percent) in the total of the Economic-Financial Statistics (Estfin) document may be admitted when reconciling it with the respective Analytical Balance Sheet.

Sole paragraph. Institutions in Group 07, as per the table presented in Annex 1 of this circular, must reconcile the Estfin with the respective Analytical Balance Sheets relating to the months of March, June, September, and December.

Art. 4º Art. 2º of Circular No. 2,984 of 15 June 2000 is hereby amended and shall henceforth read as follows:

"Art. 2º The Conef must be submitted quarterly, with code 41.1.4.001-5 of the Catalog of Documents (Cadoc).

Sole paragraph. The submission of the Conef must only be carried out by financial institutions and other institutions authorized to operate by the Banco Central do Brasil that hold interests in non-financial companies, in accordance with Resolution No. 2,723 of 2000. (NR)"

Art. 5º Art. 3º of Circular No. 2,990 of 28 June 2000 is hereby amended and shall henceforth read as follows:

"Art. 3º The IFT document must be submitted quarterly, observing the following coding of the Catalog of Documents (Cadoc)

Development Agencies	05.1.4.001-3
Savings and Loan Associations	12.1.4.001-3
Commercial Banks	20.1.4.001-2
Foreign Exchange Brokerage Companies	21.1.4.001-x
Development Banks	22.1.4.001-0
Investment Banks	24.1.4.001-8
Multiple Banks	26.1.4.001-6
Foreign Exchange Banks	27.1.4.001-x
BNDES	28.0.4.001-1
Caixa Econômica Federal	38.0.4.001-8
Mortgage Companies	39.1.4.001-0
Economic-Financial Consolidated Entities, in accordance with Resolution 2.723/2000	41.1.4.001-x
Financial Conglomerates	42.1.4.001-x
Financial Leasing Companies	77.1.4.001-0
Securities Brokerage Companies	79.1.4.001-8
Credit, Financing and Investment Companies	81.1.4.001-3
Real Estate Credit Companies	83.1.4.001-1
Securities Distribution Companies	85.1.4.001-9

Art. 6º The Desig is authorized to update the tables referred to in Art. 1º upon the creation of new documents or the introduction of new types of institutions authorized to operate by the Banco Central do Brasil.

Art. 7º This circular shall enter into force on the date of its publication, taking effect as of the reference date of 31 January 2009, inclusive, when Circular 3,097 of 6 March 2002 shall be repealed.

Sole paragraph. Citations and the basis for the validity of rules, based on the circular hereby repealed, shall henceforth refer to this circular.

Brasília, 28 August 2008.

Alvir Alberto Hoffmann
Director

This text does not replace the one published in the DOU of 29/8/2008, Section 1, p. 75/76, and in Sisbacen.

Annex 1

Table of Groups of Institutions for Submission of Documents to the Central Bank of Brazil

Group 01: commercial banks, multiple banks with a commercial portfolio and savings banks;

Group 02: institutions responsible for financial conglomerates and institutions responsible for economic-financial consolidated groups;

Group 03: multiple banks without a commercial portfolio, exchange banks, development banks, investment banks and the National Bank for Economic and Social Development (BNDES);

Group 04: financial leasing companies, development agencies, credit, financing and investment companies, savings and loan associations, mortgage companies and real estate credit companies that have a classified portfolio equal to or greater than R$100.000.000,00 (one hundred million reais);

Group 05: credit cooperatives that have a classified portfolio equal to or greater than R$100.000.000,00 (one hundred million reais);

Group 06: foreign exchange brokerage companies, securities brokerage companies and securities distribution companies that have total assets equal to or greater than R$100.000.000,00 (one hundred million reais);

Group 07: financial leasing companies, development agencies, credit, financing and investment companies, savings and loan associations, mortgage companies and real estate credit companies that have a classified portfolio less than R$100.000.000,00 (one hundred million reais);

Group 08: credit cooperatives that have a classified portfolio less than R$100.000.000,00 (one hundred million reais);

Group 09: foreign exchange brokerage companies, securities brokerage companies and securities distribution companies that have total assets less than R$100.000.000,00 (one hundred million reais);

Group 10: microentrepreneur credit companies and the institutions mentioned in art. 1 of Resolution 2.772, of 30 August 2000;

Group 11: consortium administrators;

Group 12: non-profit consortium administrators.

CENTRAL BANK OF BRAZIL

Annex 2

Table of Deadlines for Submission of Documents to the Central Bank of Brazil

Group of Institutions, according to the Table of Annex 1 of Circular No. 3,402, of 2008	Periodicity	Deadline	Cosif Document	Cadoc Number
01	Monthly	Day 13 of the month following the respective reference date	No. 15	4150
		Day 18 of the month following the respective reference date	No. 1	4010
		Last business day of the month following the respective reference date	No. 13	4500
			No. 1	4510
				4020
	Quarterly	Day 15 of the second following month, for reference dates of March, June, September and December	IFT	7000
	Semiannual	Last business day of the following month, for reference dates of 30 June and 31 December	No. 19	4186
				4196
				4796
			No. 1	4016
				4026
02	Monthly	Last business day of the month following the respective reference date	No. 4	4040
	Quarterly	Day 15 of the second following month, for reference dates of March, June, September and December	Nº 5	4050
			IFT	7000
	Semiannual	Last business day of the following month, for reference dates of June 30 and December 31	Nº 4	4046
03 and 04	Monthly	Day 13 of the month following the respective reference date	Nº 15	4150
		Day 18 of the month following the respective reference date	Nº 1	4010
		Last business day of the month following the respective reference date	Nº 1	4020
	Quarterly	Day 15 of the second following month, for reference dates of March, June, September and December	IFT	7000
	Semiannual	Last business day of the month following the reference dates of June 30 and December 31	Nº 19	4186
				4196
				4796
			Nº 1	4016
				4026
05	Monthly	Day 18 of the month following the respective reference date	Nº 1	4010
	Semiannual	Last business day of the following month, for reference dates of June 30 and December 31	Nº 1	4016
06	Monthly	Day 18 of the month following the respective reference date	Nº 1	4010
		Last business day of the month following the respective reference date	Nº 1	4020
	Quarterly	Day 15 of the second following month, for reference dates of March, June, September and December	IFT	7000
	Semiannual	Last business day of the following month, for reference dates of June 30 and December 31	Nº 19	4186
				4196
				4796

CENTRAL BANK OF BRAZIL

Circular nº 3.402, of 28 August 2008
6

Nº 1
4016

				Nº 1	4016
					4026
	Monthly	Day 13 of the month following that of the respective reference date	Nº 15	4150
	Quarterly	Day 18 of the following month, for the reference dates of March, June, September and December	Nº 1	4010
		Last business day of the following month, for the reference dates of March, June, September and December	Nº 1	4020
07					4186
					4196
			Nº 19	4796
	Semiannual	Last business day of the following month, for the reference dates of 30 June and 31 December	Nº 1	4016
					4026
08 and 10	Quarterly	Day 18 of the following month, for the reference dates of March, June, September and December	Nº 1	4010
	Semiannual	Last business day of the following month, for the base dates of 30 June and 31 December	No. 1	4016
	Quarterly	Day 18 of the following month, for the base dates of March, June, September and December	No. 1	4010
		Last business day of the following month, for the base dates of March, June, September and December	No. 1	4020
09					4186
					4196
			No. 19	4796
	Half-yearly	Last business day of the following month, for the base dates of 30 June and 31 December	No. 1	4016
					4026
11	Quarterly	Day 18 of the following month, for the base dates of March, June, September and December	No. 1	4010
		Last business day of the following month, for the base dates of March, June, September and December	No. 6	4110
	Semiannual	Last business day of the following month, for the base dates of 30 June and 31 December	No. 7	4350
12	Quarterly	Last business day of the following month, for the base dates of March, June, September and December	No. 6	4110
			No. 7	4350