Yes. Recordings are enabled where you have a Moodle for School site.
Recordings are made available for 1 year after the session has finished, so those learners who were not able to join the session live can view it at a later date.
When setting up the BigBlueButtonBN activity, ensure the Session can be recorded is checked on the activity settings and the Instance type is Room/Activity with recordings.
The record button will then be available when the BigBlueButton session is started. Remember you need to click this button to record the session.