Normative Instruction BCB No. 454 of February 7, 2024

Resolution No. 222

Normative Instruction BCB No. 454, of February 7, 2024

Amends the Layout and Filling Instructions for document 3040 - Credit Risk Data, of the Credit Information System (SCR), as addressed by Circular No. 3,870, of December 19, 2017, and Circular Letter No. 3,869, of March 19, 2018.

The Head of the Financial System Monitoring Department (Desig), using the authority conferred by Article 23, item I, letter 'a', of the Internal Regulations of the Central Bank of Brazil, annexed to BCB Resolution No. 340, of September 21, 2023, based on Article 85, item I, letter 'b', of said Regulations, in view of the provisions of BCB Resolution No. 229, of May 14, 2022, Circular No. 3,870, of December 19, 2017, and Circular Letter No. 3,869, of March 19, 2018,

RESOLVES:

Article 1. The new versions of the Layout and Filling Instructions for document 3040 - Credit Risk Data, available on the Central Bank of Brazil's internet page, at the electronic address https://www.bcb.gov.br/estabilidadefinanceira/scrdoc3040, enter into force according to the schedule.

Article 2. The following modifications were made to the layout of document 3040, valid from the data base of March 2024:

I - in the XML document Header: inclusion, in the field "Attributes of document 3040", of the attribute "TpFundo";

II - renaming of the tab "InfosAdicionais" to "Annex 26 - Additional Info"

III - in Annex 32: Sicor Status: removal of domain 10;

Article 3. The following modifications were made to the layout of document 3040, valid from the data base of May 2024:

I - in Annex 26 - InfosAdicionais:

a) inclusion of domain 24, with the description "Complementary information for RWA calculation", and its subdomains.

II - inclusion of Annex 45, with the description "RWA - Complement exposure linked to real estate", and its domains.

III - inclusion of Annex 46, with the description "RWA - Complement specialized financing", and its domains.

Article 4. The following modifications were made to the Filling Instructions for document 3040, valid from the data base of May 2024:

I - in letter "D - Operation Information", item "4 - Additional Information": inclusion of letter "s", with the description "Complementary information for RWA calculation".

Article 5. This Normative Instruction enters into force on March 1, 2024.

GILNEU FRANCISCO ASTOLFI VIVAN

NOTE

The Credit Information System (SCR) is a system in which credit operations of clients whose direct risk in the financial institution (sum of credit operations, interbank transfers, co-obligations, limits, and credits to be released) is equal to or greater than R$200.00 (two hundred reais) are registered. The SCR is managed by the Central Bank and fed monthly by financial institutions, being continuously updated in order to fulfill the functions provided for in Article 2 of CMN Resolution No. 5,037, of September 29, 2022, and under the terms of Circular No. 3,870, of 2017.

2. With the publication of BCB Resolution No. 229, of May 14, 2022, which establishes the procedures for calculating the risk-weighted assets (RWA) portion regarding exposures to credit risk subject to the calculation of the capital requirement using the standardized approach (RWACPAD), the need arose to receive information that allows the Central Bank to improve the monitoring and verification of capital calculations of financial institutions and other institutions authorized to operate by the Central Bank.

3. This Normative Instruction (IN) aims to create new domains in the SCR so that financial institutions and other institutions authorized to operate by the Central Bank of Brazil can provide important information for monitoring the RWACPAD calculation, starting from the data base of May 2024. Accordingly, specific adjustments are being made to the layout of document code 3040, starting from the data base of March 2024, in order to facilitate the completion of the document by FIDICs, eliminate information that is no longer used, and make the layout clearer.

4. Decree No. 10,411, of June 30, 2020, regulates the carrying out of regulatory impact analysis (AIR) as a prerequisite for the issuance of a normative act. However, in its Article 4, the aforementioned decree establishes the hypotheses for exemption from carrying out an AIR. This BCB IN falls within the hypotheses provided for in items II and III, namely: 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; and III - normative act considered to have low impact.

5. The classification of this IN under item II of Article 4 of Decree No. 10,411, of 2020 is justified because the proposed changes aim to meet the need to improve the monitoring processes of the RWACPAD calculation resulting from the issuance of BCB Resolution No. 229, of 2022. Furthermore, since it involves a calculation involving risk-weighted assets (RWA) regarding exposures to credit risk and document 3040 is the document currently used to receive information regarding credit operations, it is understood that the creation of new domains in document 3040 is the most adequate way to receive such information, as it is the simplest and lowest cost of implementation, both for the institutions and for this Central Bank, which also justifies its classification under item III of Article 4 of said Decree.

6. Thus, based on the provisions of paragraphs 4 and 5, I understand that the issuance of this Normative Instruction is exempt from carrying out a regulatory impact analysis.

GILNEU FRANCISCO ASTOLFI VIVAN
Head of the Financial System Monitoring Department (Desig)