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Jan. 8, 2014

Understanding and Acting on Brazil’s New Anti-Corruption Law

  • Vincent Pitaro
    Anti-Corruption Report
At the end of January 2014, Brazil’s new anti-corruption legislation, aimed at combating bribery and bid-rigging, is set to take effect.  The law contains broad anti-corruption provisions, including strict liability for some misconduct, that have serious implications for companies that do business in Brazil, whether through subsidiaries, agents or joint ventures.  A recent program presented by international law firm Mayer Brown provided a comprehensive overview of the new law and insights on how anti-corruption compliance programs may be tailored to provide the greatest protection under that law.  This article provides the key takeaways from that program.  See also “The Essentials of the New Brazilian Anti-Corruption Legislation” (Aug. 21, 2013); “How the New Brazilian Anti-Corruption Law Impacts U.S. Corporations” (Oct. 23, 2013); and “The Changing Dynamics of Anti-Corruption Enforcement in Brazil” (Nov. 20, 2013).

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