Normative Instruction BCB No. 525 — Dispenses on the Transmission of Information Regarding Consortium Operations to the Central Bank of Brazil

NORMATIVE INSTRUCTION
BCB NO. 525, OF SEPTEMBER 19, 2024

The Head of the Department of Supervision of Cooperatives and Non-Banking Institutions (Desuc), Substitute, in the exercise of the authority conferred upon him by Article 23, item I, letter "a", of the Internal Regulations of the Central Bank of Brazil, annexed to Resolution BCB No. 396, of June 27, 2024, based on Article 91, item I, letter "d", of the aforementioned Regulations,

R E S O L V E S:

Article 1. The transmission of information regarding consortium operations, as provided for in Article 54 of Resolution BCB No. 285, of January 19, 2023, must be carried out monthly, until the 30th day of the month following the reference date, through Document 2080 - Position of Quotas and Groups of Consortium Operations - Real Estate and Movable Property.

§ 1. The information must cover:

I - Consortium groups in formation;

II - Consortium groups in progress;

III - Quotas of groups in progress;

IV - Resources not sought by participants of groups closed accounting-wise; and

V - Amounts receivable from delinquent participants of groups closed accounting-wise.

§ 2. The transmission of information regarding groups and quotas of consortium groups must be carried out even in situations where there are no active operations or new memberships.

Article 2. For the purposes of this Normative Instruction, the information must be segregated into the following consortium segments:

I - Real Estate;

II - Tractors, road equipment, machinery and agricultural equipment, vessels, aircraft, motor vehicles intended for cargo transport with a capacity greater than 1,500 kg, and motor vehicles intended for collective transport with a capacity for twenty passengers or more;

III - Motor vehicles not included in item II, except motorcycles and mopeds;

IV - Motorcycles and mopeds;

V - Other durable movable property; and

VI - Services or set of services.

Article 3. Document 2080 must be sent to the Central Bank of Brazil, in electronic media, through the Electronic File Transfer System (STA), observing the instructions contained on the Central Bank of Brazil's website, at the electronic address https://www.bcb.gov.br/acessoinformacao/sistematransferenciaarquivos.

Article 4. The layout of Document 2080, composed of consolidated and individualized information sets, which must be inserted with monthly and quarterly frequency, respectively, and the instructions for its completion are available on the Central Bank of Brazil's website, at the electronic address https://www.bcb.gov.br/estabilidadefinanceira/documento2080.

Article 5. Records regarding the link of the administrator with other companies and institutions, segregated into:

I - linked to manufacturers of the goods related to segments II, III, IV, and V, referred to in Article 2;

II - linked to a financial institution;

III - linked to other types of companies; or

IV - independent,

must be permanently updated in the Information System on Entities of Interest of the Central Bank (Unicad), "Operations" module.

Article 6. Consortium administrators must indicate and register, in Unicad, an employee qualified to respond to any questions regarding the information provided under the terms of this Normative Instruction.

Article 7. Normative Instruction No. 248, of March 28, 2022, is revoked.

Article 8. This Normative Instruction enters into force on the date of its publication.

JOSE REYNALDO DE
ALMEIDA FURLANI
Unit Head
Substitute

NOTE

This Normative Instruction aims to update the procedures regarding the transmission of information related to consortium operations to the Central Bank of Brazil, as provided for in Article 54 of Resolution BCB No. 285, of January 19, 2023.

Minor alterations have been made regarding the provisions of Circular No. 3,394, of July 9, 2008 (revoked by Resolution BCB No. 285, of 2023), and Normative Instruction BCB No. 248, of March 28, 2022.

Given that the provisions of this Normative Instruction are considered low impact, in accordance with item III of Article 4 of Decree No. 10,411, of June 30, 2020, there is no need to prepare a regulatory impact analysis as provided for in Article 5 of Law No. 13,874, of September 20, 2019.

José
Reynaldo de Almeida Furlani
Unit Head
Substitute