Normative Instruction BCB No. 297 of August 23, 2022

NORMATIVE INSTRUCTION BCB NO. 297, OF AUGUST 23, 2022

Consolidates procedures to be observed in the transmission of information regarding cooperative relationships, as provided for in BCB Resolution No. 221 of March 30, 2022, and informs about the inclusion of information in the National Financial System Client Register (CCS), as provided for in BCB Resolution No. 179 of January 19, 2022.

The Heads of the Financial System Monitoring Department (Desig) and the Institutional Service Department (Deati), in the exercise of the authority granted to them by Article 23, item I, letter “a”, of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84,287 of February 27, 2015, in relation to the first, based on Article 77, item III, of the aforementioned Regulations, and in view of the provisions of BCB Resolutions No. 179 of January 19, 2022, and No. 221 of March 30, 2022,

R E S O L V E:

Article 1. This Normative Instruction establishes procedures for the transmission of information regarding cooperative relationships as provided for in BCB Resolution No. 221 of March 30, 2022.

Article 2. Single credit cooperatives must transmit to the Central Bank of Brazil the information provided for in Article 2 of BCB Resolution No. 221 of 2022, through document code 5300 - Information on Cooperative Relationships, in accordance with the Annex to this Normative Instruction.

§ 1. The provisions of the main text do not apply to single cooperatives in ordinary liquidation, extrajudicial liquidation, or under intervention.

§ 2. The transmission referred to in the main text must be carried out monthly, by the 22nd day of the month following the corresponding data base date.

§ 3. The information necessary to prepare the document indicated in the main text is available on the Central Bank of Brazil’s website at the electronic address https://www.bcb.gov.br/estabilidadefinanceira/leiautedocumentoscrd.

Article 3. The information provided for in Article 1 must be calculated with the data base being the last business day of each month and must include, at minimum:

I - regarding the cooperative member:

a) identification;

b) location;

c) start date of the relationship;

d) end date of the relationship, if applicable;

e) registration status;

f) operations for which they are responsible; and

f) operations for which they are responsible; (Revised, effective July 1, 2025, by Normative Instruction BCB No. 626 of May 29, 2025.)

g) value of capital shares;

g) value of capital shares; and (Revised, effective July 1, 2025, by Normative Instruction BCB No. 626 of May 29, 2025.)

h) registration exception. (Added, effective July 1, 2025, by Normative Instruction BCB No. 626 of May 29, 2025.)

II - regarding the legal or conventional representative of the cooperative member, if applicable:

a) identification;

b) start date of the relationship; and

c) end date of the relationship, if applicable;

III - regarding depositing municipalities, their agencies or entities, and companies controlled by them, if applicable:

a) identification;

b) location;

c) start date of the relationship;

d) end date of the relationship, if applicable;

e) registration status;

f) operations for which they are responsible.

Article 4. The information listed in Article 3, received from single credit cooperatives, and which is consistent with the provisions of BCB Resolution No. 179 of January 19, 2022, shall be included in the National Financial System Client Register (CCS).

Sole paragraph. For the purposes of the inclusion referred to in the main text, cooperative members, depositing municipalities, their agencies or entities, and companies controlled by them are considered clients, as established in the sole paragraph of Article 1 of BCB Resolution No. 179 of 2022.

Article 5. The institutions mentioned in Article 2 must indicate an employee qualified to answer any questions regarding the information provided in accordance with this Normative Instruction.

Sole paragraph. The indication referred to in the main text must be recorded and kept updated in the Information System on Entities of Interest to the Central Bank (Unicad), as provided for in BCB Resolution No. 209 of March 22, 2022.

Article 6. The following are revoked:

I - Circular Letter No. 3,723 of August 25, 2015; and

II - Circular Letter No. 3,905 of August 31, 2018.

Article 7. This Normative Instruction enters into force on September 1, 2022.

Gilneu
Francisco Astolfi Vivan Carlos Eduardo Rodrigues da Cunha Gomes Head of Desig Head of Deati

ANNEX TO NORMATIVE INSTRUCTION BCB NO. 297, OF AUGUST 23, 2022

Document coding and other characteristics:

Document Code: 5300.

Document Name: Information on Cooperative Relationships.

Transmission Frequency: monthly.

Transmission Deadline: by the 22nd day of the month following the corresponding data base date.

Data Base: last business day of each month.

Unit Responsible for Curation: Desig.

Transmission Method: electronic means.

System for Transmission: File Transfer System (STA), available on the Central Bank of Brazil’s website at the address https://www.bcb.gov.br/acessoinformacao/sistematransferenciaarquivos.

Transmission Format: XML (eXtensible Markup Language).

Transmission Validation: advance.

Validation Schema: XSD (XML Schema Definition).

Additional Elements for Transmission: layout, in XML format; models, in Excel format; XSD validation schemas; sample files; validator program; and filling instructions, available on the Central Bank of Brazil’s website at the address https://www.bcb.gov.br/estabilidadefinanceira/leiautedocumentoscrd.

Director Responsible for Preparation and Transmission: Director resp. for providing information - Circ. 3.504.

Director Responsible Registration: in the “Links - Inclusion - Director Responsible by Area of Activity” module of Unicad.

Registration of Employee Indicated to Answer Questions: in the “Links - Inclusion - Responsible for Sending Information” module of Unicad.

Electronic Address for Resolving Questions Regarding Transmission and Document Filling: informacoescooperados@bcb.gov.br.

NOTE

The Central Bank of Brazil, through BCB Resolution No. 221 of March 30, 2022, consolidated the regulations governing the transmission of information regarding cooperative relationships, containing data related to their members and, if applicable, to the legal or conventional representatives of these members and of depositing municipalities in the cooperative, including their agencies or entities and companies controlled by them, with the aim of providing this Agency with information that allows for a better understanding of this segment, as well as to supply the National Financial System Client Register (CCS). This information is captured through document code 5300 - Information on Cooperative Relationships.

2. Decree No. 10,139 of November 28, 2019, establishes the obligation for federal direct, autonomous, and foundation administrative agencies and entities to review and consolidate normative acts issued within the scope of their respective competencies. This measure aims to review, update, simplify, and consolidate normative acts, in order to rationalize the regulatory stock. Based on the aforementioned decree, we have consolidated the procedures to be observed in the transmission of information regarding cooperative relationships.

3. It is appropriate to note that the deadline for transmitting document 5300 is being changed, moving from the 18th to the 22nd day of the month following the data base date. This change was necessary because the accounting document 4010 - Analytical Balance Sheet has its delivery deadline also on the 18th. This coincidence of dates generates episodes of competition in the processing of documents in the BC’s internal databases. To avoid this, document 5300 will have its delivery date postponed, which will generate benefits not only for this Agency but also for institutions that will have a longer period to prepare and transmit the document in question. It is worth noting that this postponement does not cause harm to the internal processes that use this information.

4. Decree No. 10,411 of June 30, 2020, regulates the carrying out of regulatory impact analysis (RIA) as a prerequisite for the issuance of normative acts. However, in its Article 4, the aforementioned decree establishes the hypotheses for exemption from carrying out an RIA. This IN BCB falls under two of these hypotheses, namely: items II - normative act intended to regulate rights or obligations defined in a hierarchically superior norm that does not allow, technically or legally, different regulatory alternatives, and IV - normative act that aims to update or revoke norms considered obsolete, without alteration of merit. Thus, based on items II and IV of Article 4 of Decree No. 10,411 of 2020, we understand that the issuance of this Normative Instruction is exempt from carrying out an RIA.

Gilneu
Francisco Astolfi Vivan Carlos Eduardo Rodrigues da Cunha Gomes Head of Department Head of Department of Institutional Monitoring of the System Service (Deati) Financial (Desig)