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Accounting Information and Indicators
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It includes the utilization of a set of relevant indicators which form a structured system of indications of timely alert. These indicators are accounting related – which identify the economic-financial situation of the institution from the relationship of balance sheet and results accounts and hybrid relationships – which use in their construction extra-accounting values obtained from centers of custody, from Central Bank Credit Information System (SCR) and from the financial institutions themselves. They have as objective to identify the occurrence of significant and relevant variations in the monthly accounting positions of institutions and conglomerates of the banking macro segments.
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Accounting Information an...
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It includes the utilization of a set of relevant indicators ...
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Accounting Plan of National Financial System Institutions (Cosif)
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Published by the Financial System Regulation Department (Denor) of Bacen, the Accounting Plan is an integrated set of norms, procedures and criteria of accounting book-keeping utilized by the institutions authorized to operate by Bacen.
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Accounting Plan of Nation...
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Published by the Financial System Regulation Department (Den ...
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Adjustments
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Adjustments are defined as any facts, accounting related or not, detected by Supervision, which may lead to alterations in the values of the balance sheet accounts or results accounts of the institutions or conglomerates. They aim to provide realistic information on the account and economic-financial situation of the institution/conglomerate under analysis.
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Adjustments
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Adjustments are defined as any facts, accounting related or ...
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Annual Supervision Programming (PAS)
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Program elaborated yearly by the Supervision, which puts together the assignments that will be carried out in the period.
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Annual Supervision Progra...
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Program elaborated yearly by the Supervision, which puts tog ...
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Attorney-General of the Central Bank of Brazil (PGBCB)
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Bacen´s Department which, besides rendering juristic advice and consultancy service, represents the monetary Authority at justice.
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Attorney-General of the C...
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Bacen´s Department which, besides rendering juristic advice ...
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Bank for International Settlements – BIS
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BIS is an international organization which stimulates the cooperation between central banks and other agencies, in search of monetary and financial stability. (www.bis.org)
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Bank for International Se...
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BIS is an international organization which stimulates the co ...
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Catalog of Documents (Cadoc)
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Cadoc´s objective is to list the documents/information which, by regulatory determination, must be elaborated and forwarded to the Central Bank of Brazil (Bacen) by institutions and other entities under its supervision and, as the case may be, by individual persons or corporate entities. The system also contains the documents which are regulated by Bacen, of transit among the institutions, or between them and their clients. Cadoc contains specifications which must be observed for the forwarding of each of these pieces of information, such as: name of document/information; model of document and respective instructions for filling in; document code in Cadoc; the norm which instituted the document/information; Bacen unit responsible for the subject matter dealt with in the document/information; periodicity of submission; expiry of delivery; delivery location; mode of delivery; and number of originals.
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Catalog of Documents (Cad...
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Cadoc´s objective is to list the documents/information which ...
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Central Bank´s Information System (Sisbacen)
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The Central Bank´s Information System (Sisbacen) is a computerized system, of a corporate nature, developed in the context of the monetary Authority, with the purpose of:
a) provide the Central Bank of Brazil (Bacen) with a subsidiary instrument in the accomplishment of its institutional mission;
b) facilitate the gathering, treatment and disclosure of information related to Bacen, to the institutions object of its control, normalization and/or surveillance.
c) endow the strategic, tactical and operational levels of Bacen, by means of its organizational units, with an expeditious, safe and efficient instrument, to subsidize in the processes of decision making;
d) make available to institutions in the National Financial System and other subsidiary institutions, regulated and/or monitored by Bacen, a quick and safe means for remittance and exchange information with this entity;
e) make available to bodies and entities of the federal government, as well as to other spheres of the public power, information contained in Bacen´s databases, observing the principles of secrecy which legally bind them; and
f) enable the access by the public, individual persons or corporate entities, to information of general character kept in the databases which integrate it, as well as to those of a private nature, to their respective concerned individuals or entities.
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Central Bank´s Informatio...
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The Central Bank´s Information System (Sisbacen) is a comput ...
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Citation
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Initial summons in the administrative punitive process for which the indicted person presents defense.
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Citation
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Initial summons in the administrative punitive process for w ...
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Council for Financial Activities Control (Coaf)
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The Council for Financial Activities Control (Coaf), created by Law 9,613/98, has the purpose of disciplining, applying administrative penalties, receiving and examining and identifying the occurrences suspicious of illicit activities foreseen in the Law which created it, without detriment to the competency of other bodies and entities. (www.fazenda.gov.br/coaf)
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Council for Financial Act...
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The Council for Financial Activities Control (Coaf), created ...
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Credit Risk
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It is a risk that the counterpart, in a transaction, does not honor one´s obligation according to the contractual terms and conditions. The credit risk is present in the so-called credit operations, such as loans and financing, and in any other modality represented by financial instruments which are in the institution’s assets, be they in balance sheet accounts, or in compensation accounts.
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Credit Risk
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It is a risk that the counterpart, in a transaction, does no ...
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Disclosure of Parameters
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The disclosure of parameters for verification of the Required Net Worth (PLE) for coverage of risk as consequence of prefixed interest rate remunerated operations constitute an input for the financial institutions to comply with Bacen´s determinations. These parameters, calculated on the basis of prefixed interest market information are the intraday CDI rate, released by the Center for Custody and Financial Settlement of Securities (Cetip) and the interest swap rates released by the BM&F for the maturities of 1, 2, 3, 6, 12, 24, and 36 months. This information form the basis for daily calculation of: the market volatility; the hyperbolic multiplier; the rho (correlation among vertices) and the k (factor of the downward correlation). The process of verification is secret and the institutions only have access to the result.
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Disclosure of Parameters
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The disclosure of parameters for verification of the Require ...
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Economic-financial Conglomerate
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Defined by regulation as the set of direct or indirect stock holding participations, in the country and abroad, held by the institutions which depend on authorization from Bacen to operate.
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Economic-financial Conglo...
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Defined by regulation as the set of direct or indirect stock ...
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Exchange Risk
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It is that represented by the impact of the fluctuations of exchange rates on the value of assets and liabilities.
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Exchange Risk
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It is that represented by the impact of the fluctuations of ...
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Exposure to Foreign Exchange
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Information related to financial and non-financial positions referenced in gold and in assets and liabilities based on exchange variation, held by financial institutions, constitutes an important subsidy for the analyses and for the activities of Supervision. The database is developed from daily and monthly information rendered by the institutions authorized to operate by Bacen, in a consolidated manner by conglomerate, as the case may be, in accordance with prevailing legislation and is formed of positions of groupings of assets, of liabilities and of other long and short positions held by the financial institutions, discriminated both the financial part and for the non-financial part of the conglomerate.
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Exposure to Foreign Excha...
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Information related to financial and non-financial positions ...
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Exposure to Prefixed Interest Rates
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Information related to the value at risk (VaR) and the capital requirement (EC) for coverage of the risk derived from the exposure of the operations to prefixed interest rates, constitute an important database for the supervisory activities of Bacen. The database is formed by the daily positions at risk (Var) and by the requirement of capital necessary to cover this risk. On a monthly basis, the prefixed reference rates, by term vertices, are presented on the assets, on liabilities and on other long and short positions, for financial and non-financial institutions integrating the conglomerate.
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Exposure to Prefixed Inte...
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Information related to the value at risk (VaR) and the capit ...
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Federal Revenue Secretariat (SRF)
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The Federal Revenue Secretariat (SRF) is the higher management central government entity, subordinated to the Ministry of Finance, responsible for the administration of internal taxes and customs duties levied by the Federal Government. Its objective is to promote the voluntary accomplishment of tax-related obligations, collect resources for the State and develop and implement fiscal actions and combat tax evasion, in a way as to promote fiscal justice (www.receita.fazenda.gov.br)
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Federal Revenue Secretari...
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The Federal Revenue Secretariat (SRF) is the higher manageme ...
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Financial Conglomerate
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Formed by the group of linked financial entities, direct or indirectly, by stock holding participation or by effective operational control, characterized by the administration or common management or by the performance in the market under the same logo or corporate commercial name.
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Financial Conglomerate
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Formed by the group of linked financial entities, direct or ...
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Financial System Department of Regulation (Denor)
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This Department of Bacen´s has the function of proposing and elaborating norms applicable to the National Financial System.
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Financial System Departme...
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This Department of Bacen´s has the function of proposing and ...
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Fiscal Losses
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It is the negative value found in the verification of the Income Tax on Corporate Entity (IRPJ), obtained from the net profit of the exercise, adjusted by the additions and exclusions foreseen in pertinent fiscal legislation. The fiscal loss verified in one period can be offset with future positive results, for purposes of payment of the IRPJ. The loss to be offset is that verified in the statements of real profit and registered on the Lalur (art. 509 of RIR/99). The offsetting of the fiscal loss is disciplined by article 15 of Law 9,065/95, and is limited to 30% of the adjusted net profit. Currently, the fiscal legislation does not determine a time period for offsetting of fiscal losses.
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Fiscal Losses
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It is the negative value found in the verification of the In ...
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Free Credit Operations
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Operations granted by the financial institutions, they constitute important database used by the economic and research areas of Bacen. The database is formed by the balances of portfolios, balances in arrears, minimum, average and maximum rates segregated by modalities and types of charges. The modalities are separated between those directed to individual persons and those to corporate entities. They are credit modalities designed to individuals, such as the operations with overdraft check, personal credit, real estate financing, acquisition of goods – automotive vehicles, credit modalities destined to corporate entities like hot money operations, discount in duplicates, and of promissory notes, working capital, guaranteed account, real estate financing, acquisition of goods, from vendor; advance on exchange contracts, of export notes, of transfers of external loans and of other credit operations. The segmentation by nature of financial charges occurs among prefixed operations, post-fixed operations, operations referenced in floating rates and in price index.
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Free Credit Operations
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Operations granted by the financial institutions, they const ...
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Indicted
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An individual submitted to police or administrative enquiry, and who, upon eventual proposition, at judgment, of penal action, turns to be denominated as the defendant.
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Indicted
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An individual submitted to police or administrative enquiry, ...
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Information Complementary to Balance Sheet (ICB)
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Managerial data used to verify some characteristics of the financial institutions. The information is rendered on a monthly basis by the multipurpose banks, commercial banks, development banks and savings banks and captured by Bacen, in accordance with prevailing legislation. The database is formed by the number of acting directors, of council members, of employees, of agencies and headquarters, of deposit accounts run and of deposit accounts not run.
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Information Complementary...
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Managerial data used to verify some characteristics of the f ...
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Information on Certificates of Banking Deposits (CDB)/Receipts of Banking Deposits (RDB)
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Based on data about certificates/receipts of banking deposits (CDB/RDB0, developed from daily information rendered by the multipurpose banks, commercial banks, investment banks, development banks and the Federal Savings Bank (CEF), to the Central Bank of Brazil, according to prevailing legislation. This database is formed by the total intraday redeemed value, by the total intraday captured value, by the balance at the end of the day and by the average intraday rate of issuance. This information, segregated by clientele – financial institutions, institutional investors, other corporate entities or individuals – and type of remuneration – prefixed, post-fixed based on Referncial Rate (TR), based on the Certificates of Interfinancial Deposits (CDI) and on other floating rates used for the elaboration and the monitoring of the bank spread.
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Information on Certificat...
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Based on data about certificates/receipts of banking deposit ...
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Information on Monetary Control
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Information used for monetary control, in economic analyses and in surveys conducted by Bacen. It is rendered daily to this monetary Authority, in accordance with prevailing legislation, by multipurpose banks, by commercial banks, by investment banks, by development banks, by savings banks, by credit, financing and investment companies, by real estate credit companies and by savings and loans associations. The database is formed by balances of the accounting cash headings, of free federal securities, of state and municipal securities, of Bacen-related securities, of CDB – free portfolio, of balance of accounting currency and of term deposits, deducted the expenditures to appropriate, of resources from exchange acceptances, of resources from real estate bills, of resources from mortgage bills, of judicial deposits with remuneration and of deposits for investment.
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Information on Monetary C...
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Information used for monetary control, in economic analyses ...
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Information on rates and volumes of operations with overdraft check
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Information related to free credit operations granted by the financial institutions in the modality of overdraft check, which constitute an important data bank utilized by the economic and research areas of Bacen, and by society in general. The data bank is developed from the daily information rendered by the financial institutions which provide this modality of credit. The information related to the this modality of operation is captured by Bacen, according to prevailing legislation. The database is formed by average interest rates, fiscal and operational charges, segregated by types of charge and modality, whether individuals or corporate entities.
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Information on rates and ...
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Information related to free credit operations granted by the ...
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Informative Record of Unpaid Federal Public Sect Credits (Cadin)
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Cadin is a record which contains the names and CPF and CNPJ of individual persons and corporate entities responsible for financial obligations expired and not paid to bodies and entities of the Federal, direct or indirect, Public Administration.
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Informative Record of Unp...
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Cadin is a record which contains the names and CPF and CNPJ ...
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Legal Risk
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It is that a transaction may not be concluded due to a legal impediment. The non-implementation of contracts may arise from diverse factors, such as the lack of legal basis, the problems of contractual interpretation and inadequate or insufficient documentation. Change in legislation may also imply a legal risk.
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Legal Risk
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It is that a transaction may not be concluded due to a legal ...
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Liquidity Risk
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It is the risk that the institution becomes incapable of honoring its obligations or ensuring conditions for these to be honored. It can be separated into two types: financing liquidity risk, related to the capacity to adjust imbalances in cash flow by capturing new funding, and market liquidity risk, which refers to the capacity of liquidation of open positions in due time, in sufficient amount and at a fair price.
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Liquidity Risk
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It is the risk that the institution becomes incapable of hon ...
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List of Technicians and Companies Prohibited to Render Services to PROAGRO (Relimp)
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The Registry of Entities Involved in Rural Credit Irregularities (Relimp) stores electronically information on individual persons or legal entities involved in irregularities related to investment and management of rural financing.
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List of Technicians and C...
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The Registry of Entities Involved in Rural Credit Irregulari ...
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Market Risk
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It is the risk of devaluation of the financial instruments or portfolio of financial instruments, resulting from the variation in interest rates, in exchange rates, in prices of shares and in prices of merchandise. The market risk is present in long and short operations. It is also linked to derivatives, as these are financial instruments of transfer of risk and protection against market volatility.
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Market Risk
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It is the risk of devaluation of the financial instruments o ...
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Monitoring
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It consists of the systematic monitoring of available information, in order to timely detect situations or events which are away from the expected standards of behavior, both in regulatory terms and of risk assessments.
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Monitoring
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It consists of the systematic monitoring of available inform ...
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National Financial System´s Council of Appeal (CRSFN)
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It is incumbent upon the National Financial System´s Council of Appeal (CRSFN), created by Decree 91,152/85, to judge, at second and last administrative instance, as well as to judge the appeals interposed against decisions of Bacen and of CVM related to the application of penalties for infringement of exchange legislation, of foreign capitals, of rural and agro-industrial credit.
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National Financial System...
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It is incumbent upon the National Financial System´s Council ...
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National Superintendence of Complementary Private Pension (Previc)
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The Previc was created to act as a supervisory entity for closed pension funds and for implementation of policies for private pension scheme operated by closed pension funds (Law 12,154/2009, art. 1).
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National Superintendence ...
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The Previc was created to act as a supervisory entity for cl ...
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Non-probabilistic, judgmental sample, and randomly selected
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The selection of the sample is established without adoption of statistical tools. Subjective criteria obtained from the knowledge which the Supervision detains of the institution, are utilized.
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Non-probabilistic, judgme...
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The selection of the sample is established without adoption ...
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Operational limits
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These are parameters established normatively to the financial institutions and other institutions authorized to operate by Bacen and consortium administrators, with the purpose of ensuring the healthiness of the national financial system.
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Operational limits
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These are parameters established normatively to the financia ...
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Operational Risk
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It is the risk that an institution may incur in losses resulting from failure, fraud, deficiency or inadequacy of internal processes, persons and systems, or external events.
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Operational Risk
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It is the risk that an institution may incur in losses resul ...
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Private Insurance Superintendency (Susep)
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Susep is the body responsible for the control and surveillance of the insurance market, private social security, capitalization and reinsurance. An autonomous entity linked to the Ministry of Finance, was created by Decree-Law 73/96, which also instituted the National Private Insurance System, which congregates the National Private Insurance Council (CNSP), the IRB Brazil Resseguros S.A. – IRB Brazil Re, the companies authorized to operate in private insurances and capitalization, the entities of open private social security and the authorized brokerage companies. With the publishing of Provisional Measure 1,940-17/2000, CNSP´s composition suffered alterations. www.susep.gov.br)
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Private Insurance Superin...
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Susep is the body responsible for the control and surveillan ...
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Reference Capital (PR)
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The reference capital (PR) is defined by Bacen for purposes of verification of the operational limits, and it is formed by the sum of the following levels:
• Level I – represented by the net worth added with the positive balance of results accounts, and deducted from the balance of negative accounts, excluding reserves for reevaluation, the contingency reserves and the special reserves of profits related to mandatory dividends not distributed and deducting the values related to cumulative preferential shares and redeemable preferential shares.
• Level II – represented by the reevaluation reserves, contingency reserves, special reserves from profits related to mandatory dividends not distributed, cumulative preferential shares, redeemable preferential shares, subordinated debts and hybrid instruments of capital and debt. For a full understanding of the limits involved in this definition, one must consult the pertinent regulation.
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Reference Capital (PR)
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The reference capital (PR) is defined by Bacen for purposes ...
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Reputation and Image Risk
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It is the risk of a negative impact of public opinion over the operations or activities of the institution. The negative perception of its image by clients, counterparts, shareholders or regulating entities may imply losses to the institution’s businesses, such as for instance: fall in the value of shares, loss of support from the clients and disappearance of business opportunities.
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Reputation and Image Risk
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It is the risk of a negative impact of public opinion over t ...
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Required Net Worth (PLE)
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It is the value of assets required from financial institutions and other institutions authorized to operate by Bacen – except the microentrepreneur credit enterprises and the credit unions – compatible with the degree of exposure to credit and market risks (foreign exchange and prefixed interest rate).
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Required Net Worth (PLE)
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It is the value of assets required from financial institutio ...
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Securities and Exchange Commission (CVM)
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The Securities and Exchange Commission (CVM), created by Law 6,385/76, is an autonomous agency linked to the Ministry of Finance which aims to oversee and regulate the capital market. It acts with the open capital companies, with the system of distribution and negotiation of values and with independent auditors. (www.cvm.gov.br)
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Securities and Exchange C...
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The Securities and Exchange Commission (CVM), created by Law ...
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Societal Participations – capital holding
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Information submitted by the financial institutions and other institutions authorized to operate by Bacen, related to societal participations, direct and indirectly, in financial and non-financial companies, held from April 3, 2000, according to prevailing regulation.
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Societal Participations –...
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Information submitted by the financial institutions and othe ...
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Spread
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It is the difference between the rates applicable to inflows (remuneration of money captured) and its investment (cost of invested money). The difference between active and passive interests.
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Spread
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It is the difference between the rates applicable to inflows ...
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Stocks and operations occurred in the clearinghouses
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These include data from the centralizers of settlement and custody, available on a daily basis, besides market information managed and administered by Bacen itself. These data are utilizaed mainly in the identification of inconsistencies between the information registered by the financial entities at the centers of settlement and custody and the data contained in the balance sheets sent to Bacen. This is with the purpose of verifying the quality of accounting information utilized in the process of Supervision, mainly in portfolios of federal public securities, of term deposits, of Interfinancial deposits and of swaps. The result is reached by means of the comparison between the accounting balances and the financial volumes of the contracts registered at the centers of settlement and custody.
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Stocks and operations occ...
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These include data from the centralizers of settlement and c ...
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Strategy Risk
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It is the risk of undergoing losses of revenues or deterioration of capital, resulting from adverse entrepreneurial decisions, and inadequate implementation of decisions or lack of reaction to changes in the entrepreneurial environment.
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Strategy Risk
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It is the risk of undergoing losses of revenues or deteriora ...
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Swap
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Swap is the operation by which the parties trade the financial flow of operations with changing the principal. It is intended for the protection against the risk of variations of interest rates, currencies, commodities, among others, relative to their payments and receipts, in operations planned to become effective at a given moment in future.
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Swap
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Swap is the operation by which the parties trade the financi ...
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Systemic Risk
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Systemic risk is defined as the risk of disruption to financial services caused by an impairment of all or part of the financial system and it has the potential to have serious negative consequences for the real economy.
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Systemic Risk
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Systemic risk is defined as the risk of disruption to financ ...
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TR Sample
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Daily information on certificate of banking deposits and receipt of bank deposits, prefixed, with term between 30 and 35 days, inclusive, are gathered daily from the multipurpose banks, commercial banks, investment banks and the Federal Savings Bank, for the exclusive use by the Central Bank of Brazil. Half-yearly, the thirty largest financial conglomerates are selected, in terms of deposit collection, to form the database which will furnish information for verification of the Reference Rate (TR) and of the Financial Basic Rate (TBF).
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TR Sample
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Daily information on certificate of banking deposits and rec ...
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Wage Variation Compensation Fund (FCVS)
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Fund created by a norm of the extinct Housing Financing Bank (BNH) and intended to cover possible existing residual negative balances on occasion of the termination of the housing financing contract.
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Wage Variation Compensati...
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Fund created by a norm of the extinct Housing Financing Bank ...
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List of documents