Circular No. 3.761

The Collegiate Board of the Central Bank of Brazil, in a session held on 19 August 2015, based on the provisions of arts. 10, item IX, with renumbering given by Law No. 7.730, of 31 January 1989, and 11, item VII, of Law No. 4.595, of 31 December 1964, and in view of the provisions of art. 37 of Law No. 4.595, of 1964, and in Resolutions Nos. 4.090, of 24 May 2012, and 4.401, of 27 February 2015,

R E S O L V E S :

Art. 1º Multiple banks, commercial banks, investment banks, exchange banks and savings banks must monthly submit to the Central Bank of Brazil, in the form established by the Department of Monitoring of the Financial System (Desig), based on the last business day of each month, the information relating:

• I - to the Short-Term Liquidity indicator (LCR), defined by Resolution No. 4.401, of 27 February 2015, and calculated in the form established by Circular No. 3.749, of 5 March 2015; and

• II - to the exposure to liquidity risk addressed in Resolution No. 4.090, of 24 May 2012.

§ 1º For the institutions mentioned in the caput belonging to a prudential conglomerate, the information addressed in this article must be calculated on a consolidated basis.

§ 2º Institutions not subject to the provisions of art. 3º of Resolution No. 4.401, of 2015, are exempt from the preparation and submission of the information addressed in item I.

Art. 2º The information addressed in art. 1º must be submitted to the Central Bank of Brazil:

• I - by the institutions subject to the provisions of art. 3º of Resolution No. 4.401, of 2015, observing the following schedule:

  • a) from the base date of October 2015, for the information relating to item I of art. 1º; and

  • b) from the base date of March 2016, for the information relating to item II of art. 1º;

• II - by the institutions not subject to the provisions of art. 3º of Resolution No. 4.401, of 2015, from the base date of June 2016, for the information relating to item II of art. 1º.

§ 1º When dealing with a prudential conglomerate, the information addressed in this Circular must be submitted by the lead institution of the conglomerate.

§ 2º The information addressed in this Circular may be requested by Desig including for base dates other than those established in this article.

Art. 3º Institutions subject to the provisions of art. 3º of Resolution No. 4.401, of 2015, are exempt from the submission of information addressed in Circular No. 3.393, of 3 July 2008, from 1 October 2015.

Art. 4º The methodology used for the preparation of the information addressed in this Circular must be established based on consistent and verifiable criteria, in accordance with the norms in force.

Sole paragraph. Institutions must keep at the disposal of the Central Bank of Brazil, for a minimum period of five years, the data and documentation that served as support for the preparation of the information submitted.

Art. 5º The procedures relating to the preparation and timely submission of the information addressed in this Circular are the responsibility of the director indicated under the terms of art. 9º of Resolution No. 4.090, of 2012.

Art. 6º This Circular enters into force on the date of its publication.

Art. 7º Circular No. 3.393, of 3 July 2008, is revoked, from 1 June 2016.

Anthero de Moraes Meirelles Otávio Ribeiro Damaso Director of Supervision Director of Regulation