Circular No. 3953 — Establishes Standardized Identification for Credit Operations in SCR Remittances

The Collegiate Board of the Central Bank of Brazil, in a session held on July 10, 2019, based on arts. 10, item IX, and 37 of Law No. 4.595, of December 31, 1964, on arts. 22, item II, 26, § 4, and 28, item II, of Law No. 12.810, of May 15, 2013, on art. 9, items II and VIII, of Law No. 12.865, of October 9, 2013, on art. 106 of Law No. 13.097, of January 19, 2015, and having in view Resolutions Nos. 4.088, of May 24, 2012, and 4.571, of May 26, 2017, and Circulars Nos. 3.743, of January 8, 2015, and 3.870, of December 19, 2017,

R E S O L V E:

Art. 1 Institutions subject to the remittance of information to the Credit Information System (SCR), in accordance with art. 4 of Resolution No. 4.571, of May 26, 2017, and art. 2 of Circular No. 3.870, of December 19, 2017, must assign a standardized identifier to each of the credit operations, in accordance with art. 3 of the aforementioned Resolution, existing in their portfolios.

Sole Paragraph. The identifier referred to in the caput must appear in all remittances of information to the SCR and in all records that identify credit operations carried out in entities authorized to exercise the activities of recording or centralized deposit of financial assets and securities.

Art. 2 The department responsible for carrying out the curation of the databases of interest to the Supervision area, as provided in the Internal Regulations of the Central Bank of Brazil, will establish the operational procedures necessary to comply with the provisions of this Circular, as well as the rules for forming the standardized identifier and the situations in which a new identifier may be assigned to the credit operation.

Art. 3 The identifier referred to in art. 1 must be provided obligatorily:

I - from the data base of November 2020: in all remittances of information to the SCR;

II - from the month of December 2020: in all records that identify credit operations carried out in entities cited in the sole paragraph of art. 1 of this Circular.

Sole Paragraph. The remittance of the information referred to in item I of the caput of this article is admitted from the data base of May 2020, under assisted production regime.

Art. 4 This Circular enters into force on the date of its publication.

Paulo Sérgio Neves de Souza Bruno Serra Fernandes

Director of Supervision Director of Regulation, substitute