Resolution CMN No. 1453 — Establishes that foreign exchange operation information will be transmitted via registration in Sisbacen/Câmbio starting April 4, 1988

RESOLUTION NO. 001453

THE CENTRAL BANK OF BRAZIL, pursuant to Article 9 of Law No. 4,595 of December 31, 1964, makes it public that the NATIONAL MONETARY COUNCIL, in a session held on this date, having regard to the provisions of Article 4, items V, VIII, and XXXI, and Articles 37 and 57 of said Law,

HAS DECIDED:

I - To stipulate that information regarding foreign exchange operations - including those referred to in Article 24 of Law No. 4,131 of September 3, 1962 - shall henceforth be transmitted through registration in the INTEGRATED SYSTEM FOR REGISTRATION OF FOREIGN EXCHANGE OPERATIONS (SISBACEN/CÂMBIO), including for the purposes of bookkeeping provided for in legal and regulatory norms.

II - The registration referred to in the preceding item shall be carried out by establishments authorized to operate in foreign exchange, in the manner and at the time determined by the Central Bank.

III - The Central Bank may issue the norms deemed necessary for the execution of this Resolution.

IV - This Resolution shall enter into force on April 4, 1988.

Brasília-DF, January 27, 1988

Wadico Waldir Bucchi
President, acting