Normative Instruction BCB No. 531 — Amends the Layout and Filling Instructions for Document 3040 – Credit Risk Data of the Credit Information System (SCR)

BCB NORMATIVE INSTRUCTION NO. 531, OF OCTOBER 18, 2024

Amends the Layout and Filling Instructions for Document 3040 – Credit Risk Data, of the Credit Information System – SCR, governed by Circular No. 3,870, of December 19, 2017, and Circular Letter No. 3,869, of March 19, 2018.

The Head of the Department of Financial System Monitoring – Desig, acting in the capacity of substitute, in the exercise of the authority conferred by Article 23, item I, letter “a”, of the Internal Regulations of the Central Bank of Brazil, annexed to Resolution BCB No. 340, of September 21, 2023,

based on Article 85, item I, letter “b”, of the aforementioned Regulations, taking into account the provisions of CMN Resolutions Nos. 4,966, of November 25, 2021, and 5,037, of September 29, 2022, Circular No. 3,870, of December 19, 2017, and Circular Letter No. 3,869, of March 19, 2018,

RESOLVES:

Art. 1. The new versions of the Layout and the Filling Instructions for Document 3040 – Credit Risk Data shall enter into force, according to the specified schedule, available on the Central Bank of Brazil’s website at the electronic address https://www.bcb.gov.br/estabilidadefinanceira/scrdoc3040.

Art. 2. The following modifications were made to the Filling Instructions, effective from the October 2024 data base:

I - in Section D – Item 1 – Basic Operation Information:

a) subitem XIII – table “nature of the operation”:

1. exclusion of domain 16;

2. alteration in the description of domains 32 and 33;

b) subitem XIII – In the field “nature of the operation”:

1. inclusion of guidelines regarding domains 32, 33, and 34;

2. inclusion of guidelines regarding similar entities;

3. alteration of the Observations – Controlled Companies Operations;

II - in Section D – Item 4 – Additional Information:

a) subitem “g” – “Trading of operations without risk retention”: exclusion of guidelines for operations of nature 16;

b) subitem “s” – table “Complementary Information for RWA calculation”, domain 24:

1. inclusion of subdomain 09, with the description “Exposure secured by non-residential real estate and no dependence on cash flow”.

Art. 3. The following modifications were made to the layout, effective from the October 2024 data base:

I - in Annex 2 – Nature of the Operation:

a) exclusion of domain 16;

b) alteration of the description of domains 32 and 33;

II - in Annex 26 – Additional Information:

a) inclusion of subdomain 09, in domain 24, with the description "Exposure secured by non-residential real estate and no dependence on cash flow".

Art. 4. The following modifications were made to the Filling Instructions, effective from the January 2025 data base:

I - in Section D – Item 1 – Basic Operation Information:

a) update of references to accounting rubrics of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil – Cosif in the items of the field “operation modality”;

b) inclusion of guideline for TVMs – Securities and Financial Assets, regarding the use of Special Characteristic code 39 to highlight securities with the characteristic of credit grant;

c) exclusion of item V – field “Cosif account”;

d) inclusion of domain 39, with the description “TVMs with credit grant characteristic” in the table “special characteristic”;

e) inclusion of item xxviii – “TVM with credit grant characteristic”;

f) alteration in the instructions of letter “f” of item 2 “Maturity Value”;

II - in Section D – Item 4 – Additional Information:

a) alteration in the instructions for exiting revolving and restructured operations;

III - in Section F – Aggregator Fields:

a) item I.l “Special characteristic”: alteration in the prioritization of operations;

b) item II.b: alteration of guideline regarding aggregated information;

IV - in Section I – Financial Instruments:

a) update of the guidelines of items “c”, “e”, “g”, and “k”;

b) alteration of domain 3 of the table of item “n – Reason for Loss”;

c) inclusion of observations 1 to 4 in item “n – Reason for Loss”;

d) inclusion of observation in item “o – Loss Value”.

Art. 5. The following modifications were made to the layout, effective from the January 2025 data base:

I - in Doc 3040, item a. “Aggregator Fields”, in the field “Special characteristic”: alteration of the priority order to “11”, “19”, “02”, “01”, and “99”.

II - in Annex 8 – Special Characteristic: inclusion of domain 39, with the description – “Securities with credit grant characteristic”.

Art. 6. The following modifications were made to the Filling Instructions, effective from the January 2026 data base:

I - in Section I – Financial Instruments:

a) update of the guidelines of items “h” and “l”.

Art. 7. This Normative Instruction enters into force on the date of its publication.

ANDRÉ LUIZ
CACCAVO MIGUEL

NOTE

1. The Credit Information System – SCR is a system in which credit operations of clients in financial institutions are registered (sum of credit operations, interbank transfers, co-obligations, limits, and credits to be released). 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 in accordance with Circular No. 3,870, of December 19, 2017.

2. CMN Resolution No. 4,966, of November 25, 2021, whose validity shall begin on January 1, 2025, provides for the concepts and accounting criteria applicable to financial instruments, as well as for the designation and recognition of protection relationships (hedge accounting) by financial institutions and other institutions authorized to operate by the Central Bank of Brazil.

3. Said Resolution significantly alters the way credit operations are accounted for, aiming to adapt our accounting to international standards and with the consequent reduction of asymmetries currently existing.

4. In light of this and continuing the adjustments that began with BCB Normative Instruction No. 414, of October 16, 2023, new adjustments and updates are now being made to the filling instructions and layout of document code 3040 – Credit Risk Data of the SCR.

5. Decree No. 10,411, of June 30, 2020, regulates the conduct of regulatory impact analysis – AIR as a prerequisite for the issuance of normative acts. However, in its Article 4, the aforementioned Decree establishes the hypotheses for dispensing with the conduct of AIR. The present Normative Instruction falls under the hypothesis provided for in item VII – normative act that reduces requirements, obligations, restrictions, requests, or specifications with the objective of reducing regulatory costs.

6. The present normative amendment aims exclusively to incorporate information already established in a superior norm, CMN Resolution No. 4,966, of 2021, in order to guarantee normative coherence and consistency within the regulatory framework. The proposed update does not imply the creation of new requirements, obligations, or regulatory burdens, limiting itself to adjusting the document in question to reflect previously defined provisions, without substantive changes.

7. Furthermore, the non-alteration of the information sent to this Central Bank would result in the need to create a new document, which would bring a higher cost to the senders.

8. Given that the alteration is of a strictly technical nature and has the sole purpose of ensuring normative harmony and clarity in the application of current rules, the conduct of a Regulatory Impact Analysis – AIR is not justified. The measure, therefore, does not generate additional impacts on the regulated entities, the market, or other stakeholders, and has the sole objective of improving communication and normative alignment, based on superior guidelines already in force.

9. Thus, based on the provisions of paragraphs 5 to 8, I understand that the issuance of the present Normative Instruction is exempt from the conduct of regulatory impact analysis.

ANDRÉ LUIZ
CACCAVO MIGUEL

Head of the
Department of Monitoring of the Financial System Substitute