RegAlert2015-08-26 | Circular 3764Added
Circular No. 3764 — Amends and Consolidates Rules on the Submission of Financial Statements to the Central Bank of Brazil
Financial institutions and other entities authorized by the Central Bank of Brazil must prepare and submit financial statements according to the classification groups and deadlines specified in Annexes 1 and 2. Credit cooperatives calculating risk-weighted assets using the simplified method (RWARPS) are exempt from these submission requirements. The regulation establishes specific thresholds, such as a R$100 million limit for certain institutions, and mandates that data and methodology be retained for five years. The circular repeals previous regulations and enters into force on the date of publication.
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CIRCULAR NO. 3,764, OF AUGUST 26, 2015
Amends and consolidates the rules regarding the submission of financial statements to the Central Bank of Brazil.
The Collective Board of Directors of the Central Bank of Brazil, in a session held on August 25, 2015, based on Articles 9, 10, item IX, and 37 of Law No. 4,595, of December 31, 1964, and considering the provisions of Resolution No. 4,194, of March 1, 2013,
R E S O L V E S:
Article 1. Financial institutions and other institutions authorized to operate by the Central Bank of Brazil must prepare and submit their financial statements to the Central Bank of Brazil, observing the terms of Annexes 1 and 2 of this Circular.
§ 1. For the purposes of Annex 1, it is considered:
I - classified portfolio: the value of the balance presented in subgroup 3.1.0.00.00-0 - CLASSIFICATION OF CREDIT PORTFOLIO, as established in the Accounting Plan of Institutions of the National Financial System (Cosif); and II - total assets: the value of the sum of balances presented in groups 1.0.0.00.00-7 - CURRENT AND LONG-TERM REALIZABLE and 2.0.0.00.00-4 - PERMANENT, as established in Cosif.
§ 2. For the classification of the institutions referred to in this article, in groups 04, 06, 07, and 08 of the table presented in Annex 1 of this Circular, the values of the classified portfolio and total assets must be calculated based on information related to the base date of September 30 of the previous year.
Article 2. Articles 2 and 3 of Circular No. 3,398, of July 23, 2008, shall enter into force with the following wording:
“Article 2. ............................................................................................................
..........................................................................................................................
§ 1. Credit cooperatives that calculate the amount of risk-weighted assets in the simplified manner (RWARPS), in accordance with Resolution No. 4,194, of March 1, 2013, are exempt from preparing and submitting the information provided for in this Circular. ...............................................................................................................” (NR)
“Article 3. The institutions referred to in Article 2, except for credit cooperatives that calculate the amount of risk-weighted assets in the simplified manner (RWARPS), must keep available to the Central Bank of
Circular No. 3,764, of August 26, 2015 Page 2 of 5 Brazil, for a period of five years, the data and methodology used for the preparation of the submitted information.” (NR)
Article 3. This Circular enters into force on the date of its publication.
Article 4. The sole paragraph of Article 3 of Circular No. 3,398, of July 23, 2008, and Circular No. 3,402, of August 28, 2008, are hereby repealed.
Otávio Ribeiro Damaso Anthero de Moraes Meirelles Director of Regulation Director of Supervision
This text does not replace the one published in the DOU of 8/27/2015, Section 1, p. 28/29, and in Sisbacen.
Circular No. 3,764, of August 26, 2015 Page 3 of 5
Annex 1
Table of institution groups for submission of documents to the Central Bank of Brazil
Group Institutions
Group 01 Commercial banks, multiple banks with commercial portfolio, and savings banks.
Group 02 Institutions responsible for conglomerates and institutions responsible for consolidated statements.
Group 03 Multiple banks without commercial portfolio, exchange banks, development banks, investment banks, and the National Bank for Economic and Social Development (BNDES). Group 04 Leasing companies, development agencies, credit, financing, and investment societies, savings and loan associations, mortgage companies, and real estate credit societies that present a classified portfolio equal to or greater than R$100,000,000.00 (one hundred million reais). Group 05 Credit cooperatives. Group 06 Exchange brokerage societies, securities brokerage societies, and securities distribution societies that present total assets equal to or greater than R$100,000,000.00 (one hundred million reais). Group 07 Leasing companies, development agencies, credit, financing, and investment societies, savings and loan associations, mortgage companies, and real estate credit societies that present a classified portfolio less than R$100,000,000.00 (one hundred million reais). Group 08 Exchange brokerage societies, securities brokerage societies, and securities distribution societies that present total assets less than R$100,000,000.00 (one hundred million reais). Group 09 Microentrepreneur credit societies and forwarding entities. Group 10 Consortium administrators. Group 11 Non-profit consortium administrators. Group 12 Central credit cooperatives, confederations of central cooperatives, commercial cooperative banks, and multiple cooperative banks, provided they are responsible for combined balance sheets of the respective cooperative system.
Circular No. 3,764, of August 26, 2015 Page 4 of 5
Annex 2
Deadlines for submission of statements to the Central Bank of Brazil
Institution Group, according to Annex 1 | Frequency | Submission Deadline | Cosif Document | Document Number --- | --- | --- | --- | --- 01 | Monthly | 18th day of the month following the respective base date | No. 1 | 4010
| Last business day of the month following the respective base date | No. 13 | 4500 | |
|---|---|---|---|
| No. 1 | 4510 | ||
| No. 1 | 4020 | ||
| Quarterly | Last business day of the month following, for base dates of March, June, September, and December | No. 1 | 4303 |
| No. 1 | 4313 | ||
| No. 1 | 4343 | ||
| Semi-annual | Last business day of the month following, for base dates of June 30 and December 31 | No. 1 | 4016 |
| No. 1 | 4026 | ||
| 02 | Monthly | Last business day of the month following the respective base date | No. 4 |
| Last business day of the month following the respective base date | No. 4 | 4060 | |
| --- | --- | --- | --- |
| Semi-annual | Last business day of the month following, for base dates of June 30 and December 31 | No. 4 | 4046 |
| Last business day of the month following, for base dates of June 30 and December 31 | No. 4 | 4066 | |
| 03 and 04 | Monthly | 18th day of the month following the respective base date | No. 1 |
| Last business day of the month following the respective base date | No. 1 | 4020 | |
| --- | --- | --- | --- |
| Quarterly | Last business day of the month following, for base dates of March, June, September, and December | No. 1 | 4303 |
| No. 1 | 4313 | ||
| No. 1 | 4343 | ||
| Semi-annual | Last business day of the month following, for base dates of June 30 and December 31 | No. 1 | 4016 |
| No. 1 | 4026 | ||
| 05 | Monthly | 18th day of the month following the respective base date | No. 1 |
| Semi-annual | Last business day of the month following, for base dates of June 30 and December 31 | No. 1 | 4016 |
| 06 | Monthly | 18th day of the month following the respective base date | No. 1 |
| Last business day of the month following the respective base date | No. 1 | 4020 | |
| --- | --- | --- | --- |
| Quarterly | Last business day of the month following, for base dates of March, June, September, and December | No. 1 | 4303 |
| No. 1 | 4313 | ||
| No. 1 | 4343 | ||
| Semi-annual | Last business day of the month following, for base dates of June 30 and December 31 | No. 1 | 4016 |
| No. 1 | 4026 | ||
| 07 | Quarterly | 18th day of the month following for base dates of March, June, September, and December | No. 1 |
| Last business day of the month following, for base dates of March, June, September, and December | No. 1 | 4020 | |
| --- | --- | --- | --- |
| No. 1 | 4303 | ||
| No. 1 | 4313 | ||
| No. 1 | 4343 | ||
| Semi-annual | Last business day of the month following, for base dates of June 30 and December 31 | No. 1 | 4016 |
| No. 1 | 4026 |
Circular No. 3,764, of August 26, 2015 Page 5 of 5 08 | Quarterly | 18th day of the month following for base dates of March, June, September, and December | No. 1 | 4010
| Last business day of the month following, for base dates of March, June, September, and December | No. 1 | 4020 | |
|---|---|---|---|
| No. 1 | 4303 | ||
| No. 1 | 4313 | ||
| No. 1 | 4343 | ||
| Semi-annual | Last business day of the month following, for base dates of June 30 and December 31 | No. 1 | 4016 |
| No. 1 | 4026 | ||
| 09 | Quarterly | 18th day of the month following for base dates of March, June, September, and December | No. 1 |
| Semi-annual | Last business day of the month following, for base dates of June 30 and December 31 | No. 1 | 4016 |
| 10 | Quarterly | 18th day of the month following for base dates of March, June, September, and December | No. 1 |
| Last business day of the month following, for base dates of March, June, September, and December | No. 6 | 4110 | |
| --- | --- | --- | --- |
| No. 7 | 4350 | ||
| Semi-annual | Last business day of the month following, for base dates of June 30 and December 31 | No. 1 | 4016 |
| 11 | Quarterly | 18th day of the month following for base dates of March, June, September, and December | No. 1 |
| Last business day of the month following, for base dates of March, June, September, and December | No. 7 | 4350 | |
| 12 | Quarterly | Last business day of the month following, for base dates of March, June, September, and December | No. 4 |
| Last business day of the month following, for base dates of March, June, September, and December | No. 4 | 4423 | |
| --- | --- | --- | --- |
| Last business day of the month following, for base dates of March, June, September, and December | No. 4 | 4433 |
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Lineage: Amended
Timeline
Amended 2 times · last 2018-06-06
- 2018-06-06
BCBCircular No. 3903 — Establishes procedures and rules for accounting records and for the preparation, submission, and disclosure of financial statements applicable to direct credit societies and peer-to-peer lending societiesamends
- 2017-05-17
This document amends: Circular No. 3398 — Establishes Procedures for Remitting Information Regarding the Calculation of Regulatory Minimum Limits and Standards
Source: Banco Central do Brasil — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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