NORMATIVE INSTRUCTION BCB NO. 411, OF SEPTEMBER 25, 2023

Consolidates the procedures for the submission of daily information to the Central Bank of Brazil regarding Certificates of Deposit (CDBs), Bank Deposit Receipts (RDBs), and advance notice deposits of own issuance, as provided for in Article 2, item IV, of Resolution BCB No. 208, of March 22, 2022.

The Acting Head of the Statistics Department (DSTAT), in the exercise of the powers conferred upon him by Article 23, item I, letter "a", combined with Article 103, item I, of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84,287, of February 27, 2015, and having in view the provisions of Resolution BCB No. 208, of March 22, 2022,

R E S O L V E:

Art. 1. This Normative Instruction establishes procedures for the submission of daily information regarding Certificates of Deposit (CDBs), Bank Deposit Receipts (RDBs), and advance notice deposits of own issuance, as provided for in Article 2, item IV, of Resolution BCB No. 208, of March 22, 2022.

Sole Paragraph. The provisions of this Normative Instruction apply to multiple banks, commercial banks, investment banks, development banks, savings banks, credit, financing, and investment companies, real estate credit companies, and savings and loan associations:

I - classified in Segment 1 (S1), Segment 2 (S2), Segment 3 (S3), or Segment 4 (S4); or

II - issuers of electronic money.

Art. 2. The information referred to in Article 1 must be sent via Document 5005 - Certificates of Deposit (CDBs), Bank Deposit Receipts (RDBs), and advance notice deposits of own issuance, observing the instructions contained in the Annex to this Normative Instruction.

Sole Paragraph. The layout, filling instructions, and other information necessary for the preparation of the documents indicated in this article are available on the Central Bank of Brazil's website at the electronic address https://www.bcb.gov.br/estabilidadefinanceira/leiautedocumentoscrd.

Art. 3. The submission of the documents referred to in Article 2 must be made daily, until the third business day following the reference date:

I - by the lead institution of each prudential conglomerate, for the institutions belonging to the same conglomerate, in accordance with the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif);

II - by cooperative banks, confederations constituted by central credit cooperatives or central credit cooperatives, encompassing the cooperatives belonging to systems organized in three or two levels; and

III - by multiple banks, commercial banks, investment banks, development banks, savings banks, credit, financing, and investment companies, real estate credit companies, and savings and loan associations not belonging to conglomerates.

Art. 4. The information referred to in Article 1 comprises, at a minimum:

I - information regarding Certificates of Deposit (CDBs), Bank Deposit Receipts (RDBs), and advance notice deposits of own issuance, referring to:

a) the total value redeemed on the day;

b) the total value captured on the day;

c) the yields accrued on the day;

d) the balance at the end of the day; and

e) the average daily issuance rate, equivalent to the ratio between the sum of the products of the day rates by the value captured in each title and the total value captured on the day.

Sole Paragraph. For Bank Deposit Receipts (RDBs), the submission of accounting positions lower than R$1,000.00 (one thousand reais) is optional.

Art. 5. As provided for in the sole paragraph of Article 6 of Resolution BCB No. 208, of 2022, institutions mentioned in the sole paragraph of Article 1 that do not present daily balances of Certificates of Deposit (CDBs), Bank Deposit Receipts (RDBs), and advance notice deposits of own issuance, as provided for in item IV of Article 2 of Resolution BCB No. 208, of 2022, are exempt from the submission of Document 5005.

§ 1. The registration of the exemption referred to in the caput must be carried out in the Document Submission Control System (CRD), available on the Central Bank of Brazil's website at the electronic address https://www3.bcb.gov.br/crd, observing the provisions of the CRD User Manual, available at the electronic address https://www.bcb.gov.br/estabilidadefinanceira/controledocumentosif.

§ 2. If the institution again presents a balance related to Certificates of Deposit (CDBs), Bank Deposit Receipts (RDBs), or advance notice deposits of own issuance, the institution must register this occurrence in the CRD and submit Document 5005 from that date onwards.

Art. 6. The institutions mentioned in the sole paragraph of Article 1 must indicate a representative qualified to answer any questions regarding the information provided in accordance with this Normative Instruction.

Art. 7. The indications referred to in Article 5 of Resolution BCB No. 208, of 2022, and in Article 6 of this Normative Instruction, must be registered and kept updated in the Information System on Entities of Interest of the Central Bank (Unicad), as provided for in Resolution BCB No. 209, of March 22, 2022.

Art. 8. The following are revoked:

I - Circular Letter No. 2,561, of July 13, 1995;

II - Circular Letter No. 2,783, of January 29, 1998;

III - Circular Letter No. 3,552, of May 17, 2012.

Art. 9. This Normative Instruction enters into force on January 1, 2024. (Wording given by Normative Instruction BCB No. 416, of 10/19/2023.)

RENATO BALDINI JUNIOR

Annex to Normative Instruction BCB No. 411, of September 25, 2023

Document Code: 5005.

Document Name: Document 5005 - Certificates of Deposit (CDBs), Bank Deposit Receipts (RDBs), and advance notice deposits of own issuance.

Submission Frequency: Daily.

Deadline for Submission: 3rd business day following the reference date.

Reference Date: Daily.

Unit Responsible for Curation: Statistics Department (DSTAT).

Submission Method: Electronic means.

System for Submission: File Transfer System (STA), available on the Central Bank of Brazil's website at the address https://sta.bcb.gov.br/sta/.

Submission Format: XML (eXtensible Markup Language).

Submission Validation: Anticipated.

Submission Validation Schema: XSD (XML Schema Definition).

Additional Elements for Submission: layout, in XML format; models, in Excel format; XSD validation schemas; example 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 Submission: Director responsible for daily information - Res BCB 208.

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

Registration of the Representative Indicated to Answer Questions: in the "Links - Inclusion - Responsible for Information Submission" module of Unicad.

Electronic Address for Resolving Doubts about Filling and Submission of the Document: dimob.dstat@bcb.gov.br

Institutions Obligated to Submit: multiple banks, commercial banks, investment banks, development banks, savings banks, credit, financing, and investment companies, real estate credit companies, and savings and loan associations classified in Segment 1 (S1), Segment 2 (S2), Segment 3 (S3), or Segment 4 (S4), or issuers of electronic money.

NOTE

The Daily Submission of Information to the Central Bank of Brazil, regulated by Resolution BCB No. 208, of March 22, 2022, consists of the sending of information regarding Certificates of Deposit (CDBs), Bank Deposit Receipts (RDBs), and advance notice deposits of own issuance of financial institutions and other institutions authorized to operate by the Central Bank of Brazil, with the objective of providing society and economic agents with statistical information on these deposits. It is worth highlighting that such information has already been provided by institutions and their published statistics since 1992. Therefore, this regulation aims only to continue the information already provided and compiled.

2. Decree No. 10,139, of November 28, 2019, establishes the obligation for federal government agencies and entities to revise and consolidate normative acts issued within their respective competencies. This measure aims to revise, update, simplify, and consolidate normative acts, in order to rationalize the regulatory stock. Based on the cited decree, we proceeded to consolidate, in a single Normative Instruction, the various norms that dealt with the submission of daily information to the Central Bank.

3. The changes proposed in this consolidation aim to i) adapt the list of daily information to be sent by financial institutions and the scope of institutions obliged to prepare and submit the information to the new normative provisions established by Resolution BCB No. 208, of 2022; ii) replace the manual entry of information in the Central Bank Information System – Sisbacen (transaction PESP500) with the submission of a document via electronic means, in XML (eXtensible Markup Language) format, via the File Transfer System (STA), making the provision of information less burdensome, less prone to errors, and safer for both supervised entities and the BCB, meeting the industry's demand for improvement in the submission method; and iii) promote wording adjustments to facilitate the understanding of the established procedures.

4. Decree No. 10,411, of June 30, 2020, regulated the carrying out of regulatory impact analysis (AIR) as a prerequisite for the issuance of a normative act. However, in its Article 3, § 2, the aforementioned decree establishes the cases in which the preparation of an AIR does not apply. This Normative Instruction falls under item VI of § 2 of the aforementioned article, as it consolidates in a single normative act the norms on specific matters. Additionally, Decree No. 10,411, of 2020, in its Article 4, establishes the hypotheses for exemption from carrying out an AIR. This Normative Instruction falls under three of these hypotheses, namely: item II - normative act intended to discipline rights or obligations defined in a hierarchically superior norm that does not allow, technically or legally, different regulatory alternatives; item III - normative act considered to have low impact; and item VII - normative act that reduces requirements, obligations, restrictions, requests, or specifications with the objective of reducing regulatory costs. Thus, based on items II, III, and VII of Article 4 of Decree No. 10,411, of 2020, I understand that the issuance of this Normative Instruction exempts the carrying out of an AIR.

RENATO BALDINI JUNIOR
Acting Head of the Statistics Department