RegAlert2005-09-30
Added
COAF Resolution No. 13 of September 30, 2005 – Revoked by COAF Resolution No. 21 of December 20, 2012 – Provides procedures to be observed by commercial or mercantile factoring companies
Factoring companies must register with COAF, keep up‑to‑date records of their own and their clients' identification data, and maintain transaction logs containing detailed information on titles, amounts, dates and services rendered. They are required to report, within twenty‑four hours and without notifying the client, any transaction that falls under the atypical operations listed in the annex, and to submit a quarterly declaration of no such operations if none occurred. Records and registrations must be retained for at least five years, and non‑compliance subjects the companies and their administrators to the sanctions provided in Law No. 9.613/1998. The resolution entered into force thirty days after publication and repealed the previous COAF Resolution No. 12 of May 31, 2005.
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Provides procedures to be observed by commercial or mercantile factoring companies. Revoked by COAF Resolution No. 21, of December 20, 2012.
Published on 10/04/2025 13:09
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Revoked by COAF Resolution No. 21, of December 20, 2012
Provides procedures to be observed by commercial or mercantile factoring companies.
The President of the Council for the Control of Financial Activities – COAF, exercising the authority conferred by item IV of art. 9 of the Statute approved by Decree No. 2,799, of October 8, 1998, makes public that the Plenary of the Council, in a session held on September 30, 2005, based on § 1 of art. 14 of Law No. 9,613, of March 3, 1998, resolved:
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Lineage: Superseded
Timeline
Amended 1 time · last 2012-12-20
- 2012-12-20COAFResolution No. 21 of December 20, 2012 – Revoked by COAF Resolution No. 41 of August 8, 2022supersedes
Source: Conselho de Controle de Atividades Financeiras — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works