RegAlert2012-12-20
Added
Resolution No. 21 of December 20, 2012 – Revoked by COAF Resolution No. 41 of August 8, 2022
The resolution establishes AML/CFT procedures that factoring companies must follow, including the adoption of a written prevention policy, risk classification of clients and operations, and detailed client and transaction registration requirements. It mandates electronic reporting to COAF of any operation equal to or above R$ 50,000 or that meets any of the listed suspicion criteria, and requires an annual declaration of no reportable operations by January 31 of the following year. Records and registrations must be kept for at least five years, and non‑compliance subjects the companies and their administrators to the sanctions provided in Law No. 9,613/1998. The resolution entered into force on March 1, 2013 and revoked Resolutions No. 13 (2005) and No. 20 (2012).
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RESOLUTION No. 21, OF DECEMBER 20, 2012
Published on 09/16/2020 00:58 Modified on 09/02/2022 01:38
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Provides for the procedures to be adopted by commercial factoring companies, in accordance with § 1 of art. 14 of Law No. 9,613 of 1998. Text with record of subsequent normative amendments Original text
RESOLUTION No. 21, OF DECEMBER 20, 2012
Provides for the procedures to be adopted by commercial factoring companies, in accordance with § 1 of art. 14 of Law No. 9,613 of 3.3.1998.
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Lineage: In force
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