RegAlertRule · COAF · 1 Dec 2014
Normative Instruction No. 3 of December 1, 2014
This instruction repeals Normative Instruction No. 2 of July 18, 2005, which previously established procedures for the registration of commercial financing (factoring) companies and the reporting of atypical or suspicious operations to the Financial Activities Control Council (COAF). The revocation aligns factoring companies with the general reporting obligations applicable to all sectors regulated by COAF under Circular-Note COAF No. 1. The instruction enters into force on the date of its publication.
Published on 17/09/2020 17:46 Modified on 16/12/2020 17:55
Share:
Revokes Normative Instruction No. 2, of July 18, 2005, which provides for procedures for the registration of commercial financing or mercantile factoring companies and the sending of communications of atypical or suspicious operations and negative declarations to COAF.
The President of the Financial Activities Control Council - COAF, using the authority granted by Article 24 of COAF Resolution No. 21, of December 20, 2012, and:
Considering the provisions contained in COAF Circular-Note No. 1, of December 1, 2014, applicable to all sectors obliged by COAF, including commercial financing or mercantile factoring companies; and
Considering that the provisions regarding the communication of operations or the non-existence thereof, as well as their procedures, regarding commercial financing or mercantile factoring companies, are provided for in Section VI of COAF Resolution No. 21, of December 20, 2012, resolves:
Art. 1. Normative Instruction No. 2, of July 18, 2005, is hereby revoked.
Art. 2. This Normative Instruction enters into force on the date of its publication.
ANTONIO GUSTAVO RODRIGUES
Published in the Official Gazette of the Union (DOU) on 10/12/2014, Section 1, Page 26
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
- Definition / condition 3
- background, boilerplate
Lineage: No known changes
RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.
The links and the sentences they come from (2)
- Supersedes
“Revokes Normative Instruction No. 2, of July 18, 2005, which provides for procedures for the registration of commercial financing or mercantile factoring companies”
- Issued under
- Resolution No. 21 of December 20, 2012 – Revoked by COAF Resolution No. 41 of August 8, 20222012 · COAF
“using the authority granted by Article 24 of COAF Resolution No. 21, of December 20, 2012”
Mentions (1): 1 document this one mentions without changing it
- Refers to
- Circular Letter No. 1, of 1 December 20142014 · COAF
“Considering the provisions contained in COAF Circular-Note No. 1, of December 1, 2014, applicable to all sectors obliged by COAF”
Timeline
This document supersedes: Normative Instruction No. 2 of July 18, 2005 - Revoked
Similar documents from other regulators
CVMCVM Instruction No. 534 of June 4, 2013Brazil · 2013-06-04
More like this from COAF
We email you every new COAF publication the day it's published.
Source: Conselho de Controle de Atividades Financeiras — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added · updated