Rule · CVM · 27 Mar 2013
Investment fund administrators must maintain databases with information on acquired credit rights to comply with CVM Instruction No. 504. They must report to the Central Bank of Brazil’s Credit Information System (SCR) starting with the April 2013 data base for assisted production and June 2013 for definitive production in the financial segment. Reporting for other segments begins with the July 2013 assisted and September 2013 definitive data bases, with further updates required from October 2013 assisted and February 2014 definitive data bases. This instruction amends the previous rules and entered into force upon publication.
CVM INSTRUCTION NO. 532, OF MARCH 27, 2013
Amends CVM Instruction No. 504, of September 21, 2011, which provides for the sending of information by investment funds specified to the Credit Information System - SCR of the Central Bank of Brazil - BCB.
THE PRESIDENT OF THE SECURITIES AND EXCHANGE COMMISSION – CVM makes public that the Collegiate Body, in a meeting held on March 12, 2013, based on arts. 2, item IX, and 8, item I, of Law No. 6.385, of December 7, 1976, APPROVED the following Instruction:
Art. 1. Articles 3 and 4 of CVM Instruction No. 504, of September 21, 2011, shall enter into force with the following wording:
“Art. 3. ...
I – Phase 1 – financial segment credit rights:
a) in assisted production regime, from the data base of April 2013, with information relating to all operations acquired from this data base; and b) in definitive production regime, from the data base of June 2013, with information relating to all operations contained in the fund's portfolio, relating to the segment;
II – Phase 2 – commercial segment credit rights:
a) in assisted production regime, from the data base of July 2013, with information relating to all operations acquired from this data base; and b) in definitive production regime, from the data base of September 2013, with information relating to all operations contained in the fund's portfolio, relating to the segment; and
III – Phase 3 – credit rights of other segments:
CVM INSTRUCTION NO. 532, OF MARCH 27, 2013
2
a) in assisted production regime, from the data base of October 2013, with information relating to all operations acquired from this data base; and b) in definitive production regime, from the data base of February 2014, with information relating to all operations contained in the fund's portfolio, relating to the segment.” (NR)
“Art. 4. The administrators of the investment funds listed in art. 1 must maintain in databases the information necessary to comply with the provisions of this instruction, relating to the credit rights acquired by the fund.” (NR)
Art. 2. This Instruction enters into force on the date of its publication.
Signed original by
LEONARDO P. GOMES PEREIRA
President
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