Rule · BCB · 25 Sep 2014 · Circular 3721
Financial institutions receiving files from the Service Group Guarantees Control System (SCG) must use them in a timely manner in the flow of information on card receivables schedules. Financial and payment institutions performing acquiring activity must issue those files when requested by the recipient. The Circular enters into force on 2 February 2015.
The Board of Directors of the Central Bank of Brazil, in a session held on 23 September 2014, based on item X of Art. 9 of Law No. 12,865 of 9 October 2013, Art. 10 of Law No. 10,214 of 27 March 2001, and Arts. 10, item I, and 11 of Resolution No. 2,882 of 30 August 2001, and in view of item I of Art. 7 of Law No. 12,865 of 2013,
R E S O L V E S :
Art. 1 The use of the files contained in the Service Group Guarantees Control System (SCG), part of the Catalog of Services of the National Financial System (SFN), as provided for in Art. 2 of Circular No. 3,629 of 19 February 2013, is mandatory and must be carried out in a timely manner in the flow of information on card receivables schedules:
I - by financial institutions, as recipients of the files, when received by them; and
II - by financial and payment institutions that perform the acquiring activity, as issuer of the files, when requested by the recipient.
Art. 2 This Circular shall enter into force on 2 February 2015. Anthero de Moraes Meirelles Director of Monetary Policy, substitute
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“based on item X of Art. 9 of Law No. 12,865 of 9 October 2013”
“as provided for in Art. 2 of Circular No. 3,629 of 19 February 2013”
“Arts. 10, item I, and 11 of Resolution No. 2,882 of 30 August 2001”
“Art. 10 of Law No. 10,214 of 27 March 2001”
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