Investor Presentaiton
Annual Report
AR
2022
SUMMARY
WHO WE
ARE
OUR
STRENGTH
AND
OUR
RESOURCES
OUR
RESULTS
Agenda BC#
Modernization of Public Registries
The modernization of legislation related to public registries
aims at contributing to the improvement of the business
environment in Brazil. Changes in rules on registration
services, information, and guarantees mean reduced
burdensome for users. The new legal framework governs
the implementation of an integrated electronic system of
legal acts and transactions - the Electronic System of Public
Registries (SERP) - and simplifies the procedures related to
public registries. All these initiatives seek to reduce costs
and completion dates by making it easier to get access to
information and to send documentation for registration.
The increased security involved in the use of assets as
collateral increases the degree of access to credit and
reduces the costs of loans.
Modernization of the platform of the Financial
System Organization Manual (Sisorf)
The Sisorf is a manual released to the public that presents
legal, regulatory, and operational aspects of matters that
depend on the BCB authorization, related to all institutions
authorized to operate by the BCB. The manual also informs
the procedures and routines adopted in the evaluation of
applications. This manual is an important tool to increase
the transparency of the BCB's actions related to this activity.
The BCB has modernized the Sisorf platform in the
Integrated Authorization System environment. As a result,
the BCB is now able to update the manual quickly and
efficiently, increasing the legal certainty of authorization
proceedings and providing public access to the most up-to-
date information.
Expanding the sharing of credit information with
the SFN
The Credit Information System (SCR) aims to capture
information on credit operations with two purposes. The
first is to make the BCB's supervisory action more efficient.
The SCR is a source of information for the monitoring of
credit in the financial system and the supervisory activities.
The second is to enable the exchange of this information
between financial institutions, a function known as "credit
bureau".
In 2022, the BCB enacted a new regulation that will improve
the role of SCR as a credit bureau. The new regulation
will make it possible to share more detailed and granular
information on credit operations in the Brazilian financial
system. It will also expand the access to SCR information
to other important agents, such as database managers and
guarantors of credit operations.
These measures aim at the evolution of risk analysis by the
financial system and, consequently, at greater security and
efficiency in the credit granting process in the country.
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