Rule · BCB · 29 Jan 2009 · Resolução CMN 3683
Amends Article 2 of Resolution No. 3.622 of 2008 to add paragraphs 2 and 7 through 10. When credits against clients with operations at more than one financial institution are received, the highest risk classification applies. Risk classification of the debtor or exporter in categories AA, A and B for operations under item II, subitem "b" of the caput is set by the financial institution based on criteria used for Resolution No. 2.682 of 1999. Debentures under item III must be registered with Cetip S.A., classified by weighting the issuer's obligations identified in the SCR. The Central Bank may require supplemental guarantees of federal public securities or other assets in national currency up to 140% of the loan operation value. Paragraph 7 applies to operations already contracted, and the resolution enters into force on publication.
RESOLUTION No. 003683 ------------------- Amends art. 2 of Resolution No. 3.622, of 2008. The Central Bank of Brazil, in the form of art. 9 of Law No. 4.595, of 31 December 1964, makes public that the National Monetary Council, in a session held on 29 January 2009, based on arts. 4, item XVII, of the aforementioned law, and 1, § 5, of Law No. 11.882, of 23 December 2008, and in view of the content of arts. 26, § 1, and 28, § 2, of Complementary Law No. 101, of 4 May 2000, and 45 of Law No. 10.931, of 2 August 2004, R E S O L V E D : Art. 1 The art. 2 of Resolution No. 3.622, of 9 October 2008, amended by Resolutions nos. 3.624, of 16 October 2008, and 3.633, of 3 November 2008, shall come into force with the following wording: "Art. 2 .............................................. § 2 When, in the hypothesis of item I of the caput, credits against clients with operations in more than one financial institution are received, the highest risk classification shall be considered. ........................................................ § 7 The risk classification of the debtor or exporter in categories AA, A and B, for the purpose of the operations provided for in item II, subitem "b", of the caput, shall be determined by the financial institution based on the criteria used for the purposes provided for in Resolution No. 2.682, of 21 December 1999, and complementary regulation. § 8 The debentures dealt with in item III of the caput must be registered with Cetip S.A. - Balcão Organizado de Ativos e Derivativos. § 9 The risk classification of the debentures dealt with in item III of the caput shall be obtained by weighting the classification of the issuer's obligations identified in the SCR. § 10 Without prejudice to the provisions of § 4, the Central Bank of Brazil may require the supplementation of the guarantees dealt with in this article with federal public securities or with other assets in national currency, up to the limit of 140% (one hundred and forty percent) of the value of the loan operation." (NR) Art. 2 The provisions of § 7 of art. 2 of Resolution No. 3.622, of 2008, with the wording given by this resolution, apply, including, to operations already contracted. Art. 3 This resolution enters into force on the date of its publication. Brasília, 29 January 2009. Alexandre Antonio Tombini President, substitute
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“Amends art. 2 of Resolution No. 3.622, of 2008.”
“Complementary Law No. 101, of 4 May 2000”
“in the form of art. 9 of Law No. 4.595, of 31 December 1964”
“45 of Law No. 10.931, of 2 August 2004”
“and 1, § 5, of Law No. 11.882, of 23 December 2008”
“Resolution No. 3.622, of 09 October 2008, amended by Resolutions No. 3.624, of 16 October 2008, No. 3.633, of 3 November 2008, No. 3.683, of 29 January 2009 and No. 3.691, of 23 March 2009, and in Circular No. 3.418, of 4 November 2008, am…”
“Resolution No. 3.622, of 9 October 2008, amended by Resolutions nos. ... 3.633, of 3 November 2008”
“Resolution No. 3.622, of 9 October 2008, amended by Resolutions nos. 3.624, of 16 October 2008”
“Resolution No. 2.682, of 21 December 1999, and complementary regulation.”
This document amends: Resolution No. 3.622: Rediscount and Loan Operations under Provisional Measure No. 442 of 6 October 2008
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