Circular No. 3552 - Amends the date from which Electronic Available Transfers (TEDs) must be submitted for settlement in a system operated by the Central Bank of Brazil

CIRCULAR N. 003552

Amends the date from which Electronic Available Transfers (TEDs) must be submitted for settlement in a system operated by the Central Bank of Brazil, whenever they involve applications in the financial and capital markets, executed for or on behalf of an institution holding a Bank Reserve Account or a Settlement Account.

The Collegiate Board of the Central Bank of Brazil, in a session held on July 26, 2011, based on Article 10 of Law No. 10,214, of March 27, 2001, and Article 11 of Resolution No. 2,882, of August 30, 2001, and considering the provisions of Article 3, item VII, of the aforementioned Resolution,

RESOLVES:

Article 1. Article 2 of Circular No. 3,534, of May 6, 2011, shall be amended to read as follows:

"Article 2. ...

I - May 30, 2011, for the provisions of Article 1, paragraph 1, item III;

II - August 29, 2011, for the provisions of Article 1, paragraph 1, items I and IV; and

III - February 27, 2012, for the provisions of Article 1, paragraph 1, item II." (NR)

Article 2. This Circular enters into force on the date of its publication.

Brasília, July 26, 2011.

Aldo Luiz Mendes
Monetary Policy Director