Rule · BCB · 6 Dec 2018 · Circular 3922

Circular No. 3922 — Amends Circular No. 3,590 of April 26, 2012, Regarding the Analysis of Concentration Acts in the National Financial System by the Central Bank of Brazil

The Central Bank of Brazil amends Circular No. 3,590 to authorize the sharing of information and documents related to concentration acts with the Administrative Council for Economic Defense (CADE), provided that the involved institutions expressly authorize such sharing when legal confidentiality applies. This amendment introduces a new Article 3-A to the existing circular and enters into force on the date of its publication.

BrazilBanco Central do Brasil

The Collegiate Board of the Central Bank of Brazil, in a session held on November 28, 2018, based on Art. 18, § 2, of Law No. 4,595 of December 31, 1964, and taking into account the provisions of Art. 10, item X, items "c" and "g", of the aforementioned Law,

R E S O L V E :

Art. 1º Circular No. 3,590 of April 26, 2012, shall enter into force with the following alteration:

“Art. 3º-A The Central Bank of Brazil shall share with the Administrative Council for Economic Defense (CADE) the information and documents referred to in Arts. 2º and 3º of this Circular, provided that they are expressly authorized by the involved institutions, when there is legal confidentiality.” (NR)

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

Otávio Ribeiro Damaso Sidnei Corrêa Marques Director of Regulation Director of System Organization of the Financial System and Resolution

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Annotations and obligations

4 definitions

Definition / condition 4
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The links and the sentences they come from (1)

Amends

Circular No. 3590 — Provides for the analysis of concentration acts in the National Financial System by the Central Bank of Brazil (Text as given by Circular No. 3,800 of 29/6/2016)2012 · BCB
“Art. 1º Circular No. 3,590 of April 26, 2012, shall enter into force with the following alteration:”

Timeline

This document amends: Circular No. 3590 — Provides for the analysis of concentration acts in the National Financial System by the Central Bank of Brazil (Text as given by Circular No. 3,800 of 29/6/2016)