BRZ CB On Call Operations, Security


On Oct. 3, BRZ CB issued rules to preserve operation and security.


  • BRZ CB published Resolution 420 to establish the on-call regime to preserve the operation and security of critical infrastructures controlled by BRZ CB Resolution 420.
  • Highlights
  • Established regime for the Specialist Career of BRZ CB members, per Law 9.650.
  • Employee remains at the disposal of BRZ CB, no longer enjoying full paid rest.
  • According to previously prepared on call schedule, awaiting a call to provide service.
  • Must be exclusively used to preserve operation and security of critical infrastructures.
  • Units responsible must set necessary on-call groups and number of people available.
  • Monetary compensation for hours accumulated under on call regime is not prohibited.
  • Inclusion in an on call regime does not constitute a right, according to service needs.
  • The Department of Human Resources, Education, Health and Organization (Depes) is authorized to issue rules and adopt measures necessary to implement the provisions.
  • Effectiveness
  • Resolution 420 shall come into force on Nov. 1, 2024.

Regulators BRZ CB
Entity Types B/D; Bank; IA; Inv Co
Reference Res 420, 10/3/2024
Functions Financial; Operations; Reporting; Risk; Treasury
Countries Brazil
Category
State
Products Banking; Deposits; Forex; Fund Mgt; Payments
Regions Am
Rule Type Final
Rule Date 10/3/2024
Effective Date 11/1/2024
Rule Id 229012
Linked to N/A
Reg. Last Update 10/3/2024
Report Section International

Last substantive update on 10/09/2024