{"id":2861,"date":"2019-03-13T23:45:46","date_gmt":"2019-03-13T23:45:46","guid":{"rendered":"http:\/\/anbc.org.br\/?p=2861"},"modified":"2024-03-15T23:48:37","modified_gmt":"2024-03-15T23:48:37","slug":"positive-registration-approved-by-the-senate-and-goes-to-presidential-sanction","status":"publish","type":"post","link":"https:\/\/anbc.org.br\/en\/cadastro-positivo-e-aprovado-pelo-senado-e-vai-a-sancao-presidencial\/","title":{"rendered":"Positive Registry is approved by the Senate and goes to presidential sanction"},"content":{"rendered":"

Follow on Google News\"\"<\/a><\/p>\r\n

S\u00e3o Paulo, March 13, 2019 -\u00a0<\/b>The Federal Senate's approval of PLP 54\/2019, which establishes the Positive Registry with automatic inclusion of consumers and companies, is a fundamental step towards tackling one of the country's major problems: the high default rate, which affects around 60 million citizens and consequently contributes to the high interest rates charged to individuals and companies.<\/p>\r\n

The approved text, which now goes for presidential sanction, comes into force 91 days after its publication in the Official Gazette. Once the law comes into force, bureaus will have 30 days to notify consumers about the opening of the Positive Register. Consumers, in turn, will have up to 60 days from the entry into force of the law to ask for their name to be removed. Even though this period is defined by law, according to the legislation, consumers will be able to ask for their name to be removed at any time, even after the 60 days have passed. \u201cBut the sector's expectation is that there will be widespread adherence to the Positive Register,\u201d says Elias Sfeir, president of\u00a0National Association of Credit Bureaus<\/strong>.<\/p>\r\n

He notes that the formation of a register with positive information is a stimulus to the creditor, who has more guarantee of receipt, and to the borrower, who can have more accessible credit and greater control over their information. \u201cThe more information available about the borrower, the more efficient the risk assessment and, consequently, the more business can be done by the creditor, who can more assertively identify the profile of their clients, whether they are individuals or companies,\u201d he says.\u00a0<\/p>\r\n

Once the new Cadastro Positivo comes into force, consumers will have a credit score based on their credit history. With this score, customers who are good payers will be able to claim lower interest rates, and companies will be able to grant this reduction because they will have access to their score. This new configuration tends to stimulate the expansion of the credit market in Brazil, with benefits for\u00a0economy<\/strong>\u00a0and society.\u00a0\u00a0<\/p>\r\n

Studies carried out by companies in the sector indicate that the Positive Registry could enable around 22 million citizens - the equivalent of more than 10% of the Brazilian population - to enter the credit market. This will be possible because, in addition to paying off mortgages and loans, the new\u00a0CP<\/strong>\u00a0will also take into account the payment of ongoing bills, such as electricity, water, telephone and gas, when forming the credit rating. At the same time, according to research by the International Finance Corporation (IFC), the Positive Registry has the potential to reduce default by up to 45%, which in Brazil affects around 60 million people.\u00a0<\/p>\r\n

At the same time, the Positive Registry could increase GDP by 0.54% per year, according to a study by LCA Consultores. And, according to industry analysis, the Positive Registry has the potential to inject up to R$ 1.1 trillion into the economy and provide an expansion in credit of around R$ 790 billion for companies of all sizes and R$ 550 billion, or 8.4% of GDP, for 4 million micro and small companies, which employ the largest share of the workforce in the whole country. As a consequence of this stimulus to economic activity, the Cadastro Positivo has the potential to increase the collection of federal taxes and contributions administered by the Receita Federal by up to R$ 450 billion, without changing tax rates. And to increase by R$ 205.7 billion the collection of ICMS and IPVA by the Brazilian states.<\/p>\r\n

The potential of the Positive Registry to contribute to the expansion of the credit market has already been proven in several countries where it has been implemented. Successful examples include Belgium, the United States, Mexico and the United Kingdom.<\/p>\r\n

 <\/p>\r\n

 <\/p>\r\n

\"pepper<\/p>\r\n

ANBC Press Relations<\/strong><\/p>\r\n

Regina Pimenta: (11) 98136.6835 regina@pimenta.com<\/a><\/p>\r\n

Ana Carolina Rodrigues: (11) 98674.0348 anacarolina@pimenta.com<\/a><\/p>\r\n

 <\/p>\r\n

 <\/p>","protected":false},"excerpt":{"rendered":"

Follow on Google News S\u00e3o Paulo, March 13, 2019 - The approval by the Federal Senate of PLP 54\/2019, which establishes the Positive Registry with automatic inclusion of consumers and companies, is a fundamental step towards tackling one of the major problems...<\/p>","protected":false},"author":1,"featured_media":2862,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"Cadastro Positivo \u00e9 aprovado pelo Senado e vai \u00e0 san\u00e7\u00e3o presidencial","_seopress_titles_desc":"Cadastro Positivo \u00e9 aprovado pelo Senado e vai \u00e0 san\u00e7\u00e3o presidencial","_seopress_robots_index":"","pgc_sgb_lightbox_settings":"","footnotes":""},"categories":[254],"tags":[80,464],"class_list":["post-2861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sala-de-imprensa","tag-cadastro-positivo","tag-senado","blog-post"],"_links":{"self":[{"href":"https:\/\/anbc.org.br\/en\/wp-json\/wp\/v2\/posts\/2861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anbc.org.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anbc.org.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anbc.org.br\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/anbc.org.br\/en\/wp-json\/wp\/v2\/comments?post=2861"}],"version-history":[{"count":1,"href":"https:\/\/anbc.org.br\/en\/wp-json\/wp\/v2\/posts\/2861\/revisions"}],"predecessor-version":[{"id":2863,"href":"https:\/\/anbc.org.br\/en\/wp-json\/wp\/v2\/posts\/2861\/revisions\/2863"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anbc.org.br\/en\/wp-json\/wp\/v2\/media\/2862"}],"wp:attachment":[{"href":"https:\/\/anbc.org.br\/en\/wp-json\/wp\/v2\/media?parent=2861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anbc.org.br\/en\/wp-json\/wp\/v2\/categories?post=2861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anbc.org.br\/en\/wp-json\/wp\/v2\/tags?post=2861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}