On Sep. 19, BVMF reported procedures changes re agribusiness credit.
BVMF published External Communication 040/2024-VPC re operational adjustments.
Operational adjustments applicable to the NoMe Platform of the B3 Counter System.
Follows BRZ CB Sep. 13, 2024, cross order registration adjustments, see #225273.
Highlights
Operational changes aim to comply with BRZ CB Instruction 520 of Sep. 6, 2024.
Included new fields in registry and changes to Rural product certificate (CPR) registry.
Additionally, there are new files to indicate and reconcile compliance with the enforceability for CPR, Certificate of accounts receivable for agribusiness (CRA).
Certificate of credit rights for agribusiness (CDCA), and Agricultural deposit certificate (CDA)/ (Agricultural warrant) WA, which will be eventually enabled and disclosed.
The objective will be to indicate the balance of the respective credit titles and use.
Comply with duties to direct resources to rural credit, in Rural Credit Manual (MCR).
Effectiveness
Operational adjustments to the BVMF Counter System scheduled for Dec. 9, 2024.
Oct. 17, 2024, BVMF Update
On Oct. 17, 2024, BVMF issued Communication 045/2024-VPC regarding adjustments.
Operational adjustments applicable to the NoMe Platform of the B3 Counter System.
Implementations in External Communication 039/2024- VPC have been postponed.
Furthermore, BVMF ratified implementations are scheduled for Dec. 9, 2024.
Regulators
BVMF
Entity Types
B/D; Corp; Exch
Reference
Com 045/2024-VPC, 10/17/2024; Com 040/2024-VPC, 9/19/2024
