7/29/2019 Circular Bacen 3633/13

1/3

AHTA[CET G 1'{Z"5* s('''''''''''''''"5* r('''''''''''''^.5}x mvt# ogmk0

Avt > austo lhgegakhro sodrk mklhahgahe ge posho mhrhe vkrhlhaeme go mhe $t$#

kxprksso aon mues aeses mkahnehs# aon errkmogmenkgto netknthao:

s > ]exe Qkcha me mete me mklhahgahe "$t$(# kxprksse mk lorne ughtrhe# aon quetro

aeses mkahnehs:

r > earsahno ]exe Qkcha# aorrkspogmkgmo e =+ "quetro por akgto( eo ego# kxprksso

aon quetro aeses mkahnehs:

mvt > mklhahgahe ge posho mhrhe mo rkaocbhnkgto aonpucsrho# mo kgaehxk

odrhietrho ou mo mhrkahogenkgto odrhietrho go mhe $t$# ogmk mvt > p x K . Qt# pere tomo Qt 3 p x

K# skgmo0

Qt > posho mo mhe $t$ ou secmo mk kgakrrenkgto me rkspkathve aogte mk

rkaocbhnkgto go mhe thc $t$:

p > pkrakgtuec nghno mhrho kxhihmo mo rkaocbhnkgto aonpucsrho# mo kgaehxk

odrhietrho ou mo mhrkahogenkgto odrhietrho# kxprksso sod e lorne ughtrhe:

K > kxhihdhchmemk epureme pere o rkspkathvo pkromo mk novhnkgteo'

Ert' 4 O austo lhgegakhro sodrk mklhahgahe ge nmhe mes poshks mhrhes mo

rkaocbhnkgto aonpucsrho sodrk rkaursos vhste "Avp( mkvhmo go mhe thc skiuhgtk eo

kgakrrenkgto mo rkspkathvo pkromo mk novhnkgteo k aecaucemo aon e uthchzeo me skiuhgtk

lrnuce0

7/29/2019 Circular Bacen 3633/13

2/3

Vihge 4 mk 1 Ahraucer g 1' gnkro mk mhes tkhs mo rkspkathvo pkromo mk novhnkgteo:

Mvp > mklhahgahe ge nmhe mes poshks mhrhes# skgmo0

g''g''''''''''''''''''''''''''''''''''''''''' g

Z"P Qt(*"P mvt(^''''''''''''''''''''''''''''''' "P Qt(

t > 5''''t > 5 ''''''''''''''''''''''''''''''''''''t > 5

Mvp>K . .....................# pere tomo K7 .............# ogmk0

'g'''''''''''''''''''''''''''''''''''''''''''''' g

Qt > posho mo mhe thc "$t$( mo rkspkathvo pkromo mk novhnkgteo:

K > kxhihdhchmemk epureme pere o rkspkathvo pkromo mk novhnkgteo:

mvt > mklhahgahe ge posho mhrhe mo rkaocbhnkgto sodrk rkaursos vhste go mhe

$t$# aecauceme tec aono go erthio egtkrhor:

g > gnkro mk mhes tkhs mo rkspkathvo pkromo mk novhnkgteo'

Ert' 1 E hgsthtuho lhgegakhre quk eprkskgter mklhahgahe ge posho mhrhe mo

rkaocbhnkgto aonpucsrho sodrk rkaursos vhste por 1 "trs( mhes tkhs# aogskauthvos ou go# go

pkromo mk 56 "mkz( mhes tkhs# mkvkr kgaenhgber# hnkmhetenkgtk# eo Mkpertenkgto mk

Opkreks Degarhes k mk Qhstkne mk Veienkgtos mo Degao Akgtrec mo Dreshc "Mkdeg( ogmk

`urhsmhahogeme# `usthlhaethves pere e oaorrgahe# hgmkpkgmkgtknkgtk mo peienkgto mo austo

lhgegakhro'

Ert' = Os rksuctemos perahehs mk nucthpchaeo# mhvhso k potkgaheo uthchzemos

ges kxprkssks ecidrhaes mo acauco mos austos lhgegakhros mk quk trete kste Ahraucer mkvkn

aogtkr ohto aeses mkahnehs# aon errkmogmenkgto netknthao'

Ert' ; Os austos lhgegakhros mk quk trete kste Ahraucer# quegmo peios kn mete

postkrhor kn quk mkvhmos# skro etuechzemos mksmk e mete kn quk mkvhmos et e mete mo

peienkgto# aon desk ge ]exe Qkcha'

Ert'

7/29/2019 Circular Bacen 3633/13

3/3

Ahraucer g 1'