Economic sanctions Forced labour Slavery
Article 1 instructs the Department for the Management of Regional Development Policy Funds to forward the list of employers and farms found to have subjected workers to degrading forms of labour or to conditions analogous to slave labour (the ‘dirty list’) every six months to the banks administrating the Constitutional Financing Funds as well as the Regional Funds.
Article 3 issues a recommendation to these financial bodies, to refrain from granting financial or any other form of assistance with resources to those who appear on the register of employers found using slave labour or ‘dirty list’.
No sanctions exist against banks that do offer credit to employers or companies included in the ‘dirty list’. However, the Ordinance is considered to be a ‘strong suggestion’, and many banks have resolved to refuse credit and other banking benefits to companies who appear on the list.
Ordinance / 18 November 2003 /Brazil / Ordinance No 1.150 of November 18, 2003 of the Ministry for National Integration
Ordinance No. 1.150 of the Ministry of National Integration (MIN) recommends that financial bodies under MIN supervision refrain from granting “financial or any other form of assistance with resources” to those who appear on the register of employers found using slave labour or ‘dirty list’.