Joint Circular CVM/SIN/SSE No. 5/2022

SECURITIES COMMISSION OF BRAZIL
Rua Sete de Setembro, 111/2-5th and 23-34th Floors – Center – Rio de Janeiro - RJ – ZIP Code: 20050-901 – Brazil Tel.: (21) 3554-8686 - www.cvm.gov.br Joint Circular No. 5/2022/CVM/SIN/SSE Rio de Janeiro, December 30, 2022.
To fund administrators
Subject: Updates regarding the Integra-CNPJ system

Dear Sirs,

1. This Joint Circular aims to disseminate supplementary information to Joint Circular No. 3/2022/CVM/SIN/SSE, dated November 30, 2022 (“OC SIN/SSE 3/2022”), which launched the new integrated fund registration management system in the national legal entity registry (“Integra-CNPJ”), which will go into production starting December 12, 2022.

2. As known, Integra-CNPJ allowed fund administrators to obtain the registration number in the national legal entity registry (“CNPJ”) directly through the fund’s registration with the CVM, via an API application developed by the Brazilian Federal Revenue Service (“RFB”) for this purpose (“RedeSIM”).

3. Regarding the statement contained in item 8 of OC SIN/SSE 3/2022, that “fund registration changes and their own cancellation of registration in the CNPJ will be added to the scope of integration,” we inform you that, despite the integration with RedeSIM not yet being completed at this time, the responsibility to promote these registration updates for investment funds in the RFB already lies with the CVM, which, for now, has been carried out through special audits agreed upon between the two agencies, based on the agreement signed between the institutions in 2020.

4. Thus, since this is an asynchronous registration update method that depends on manual action by the RFB, we inform you that changes to the social name, fund administrator, or cancellation of the fund’s registration with the CVM do not impact the CNPJ databases in real time, as occurs in the case of obtaining the fund’s CNPJ.

5. On this occasion, we request that fund management institutions inform us, via message sent to sin@cvm.gov.br or dsec@cvm.gov.br (as per OC SIN/SSE 3/2022), regarding any of the aforementioned registration updates that were carried out in a period prior to December 12, 2022, but were not sent by the old system (“DBE”) of the RFB, so that this CVM can provide such updates to the RFB.

6. Finally, we inform you that the requirement, when cancelling the registration of an investment fund with the CVM, for the “CNPJ cancellation request protocol” is currently being removed. While the system in its new version does not go into production, we request that, when cancelling the registration of an investment fund, a copy of this Joint Circular be sent as a substitute document.

7. We reiterate that, in case of system problems in operating with the new system, the CVM may be contacted through our external support, whose contact is suporteexterno@cvm.gov.br.

Sincerely,

SECURITIES COMMISSION OF BRAZIL
Rua Sete de Setembro, 111/2-5th and 23-34th Floors – Center – Rio de Janeiro - RJ – ZIP Code: 20050-901 – Brazil Tel.: (21) 3554-8686 - www.cvm.gov.br Digitally signed by DANIEL WALTER MAEDA BERNARDO Superintendent of Institutional Investor Supervision Digitally signed by BRUNO DE FREITAS GOMES Superintendent of Securitization Supervision