Regulatory Alerts2026-05-27 | Instrução Normativa BCB 738BCB Instruction No. 738 of May 27, 2026
The Central Bank of Brazil issued Instruction No. 738 to amend Instructions No. 536 and No. 549 regarding the management of on-call duty hours for its employees. The amendments mandate specific functional codes for recording on-call call-outs and the subsequent use of compensatory leave, distinguishing between full eight-hour periods and partial leave. Additionally, the regulation prohibits the use of partial leave for periods under one hour and bars eventual substitutes from assuming commissioned functions when the titular holder is using such partial leave.
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