The Central Bank of Brazil and the Brazilian Securities and Exchange Commission (CVM) signed a Technical Cooperation Agreement to improve the structured exchange of information on credit operations and broaden the database used to monitor credit in the National Financial System via the Credit Information System (SCR). The agreement is framed by National Monetary Council Resolution 5,037 of 2022, which allows the SCR to incorporate data from entities regulated by other authorities under a specific arrangement. While receivables investment funds (FIDCs) have reported to the SCR since 2012, the new scope adds securitisation companies and other vehicles that invest in receivables, extending supervisory visibility over credit activity outside the traditional banking system. The authorities expect more complete and standardised data to strengthen microprudential and macroprudential monitoring, including analysis supporting the Financial Stability Report and the Financial Stability Committee, and to reduce information asymmetries in credit assessment and risk pricing.
Central Bank of Brazil 2026-04-17
Central Bank of Brazil and Brazilian Securities and Exchange Commission sign cooperation agreement to expand Credit Information System data
The Central Bank of Brazil and the Brazilian Securities and Exchange Commission signed a Technical Cooperation Agreement to enhance information exchange on credit operations and expand the Credit Information System (SCR) database. The arrangement brings securitisation companies and other receivables investment vehicles into scope alongside receivables investment funds, improving supervisory visibility over non-bank credit and supporting microprudential and macroprudential monitoring, including financial stability analysis.