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Framework Agreement between BANCO ITAÚ-UNIBANCO S.A. and UNION NETWORK INTERNATIONAL FOR THE AMERICAS

Company

ITAÚ-UNIBANCO

Date of signature

26 March 2014

Signatories

Banco Iitaú-Unibanco S.A. and Regional Secretary Mrs. Adriana Rosenzvaig from the Union Network International for the Americas

Key objectives

"The financial system around the world has consolidated through changes driven by liberalization factors, changes in regulatory mechanisms, increased competitiveness and new forms of information and communication technology" and "that all these factors demand a new model to ensure the competitiveness and efficiency of companies operating in this sector, and it is also a great challenge for workers, employers and society who must know how to perform in this scenario"

Duration

24 months

Applicable law

Not defined

Implementation and dissemination

"The parties agree to establish an equally represented group, comprising XXX representatives, freely appointed by each of the signatories , with the role of studying the differences in interpretation and implementation of this framework agreement and to present their findings and suggestions for the settlement of disputes ."

Review and monitoring

"The parties, in accordance with the laws of each country, will be responsible for carrying out this framework agreement, maintaining an ongoing dialogue, and meeting at the end of each year of its duration to assess its implementation."

Dispute settlement and sanctions

"The parties agree to jointly resolve any disputes concerning the interpretation and application of this agreement."
"The parties agree to establish an equally represented group, comprising XXX representatives, freely appointed by each of the signatories , with the role of studying the differences in interpretation and implementation of this framework agreement and to present their findings and suggestions for the settlement of disputes ."

Related texts

Main topic

Fundamental labour rights

Secondary topic(s)

Download:
ITAU_EN.pdf