Tips For Surviving Brazil's Anti-Corruption Crackdown
November 8, 2013, 12:42 PM EST
Law360, New York (November 8, 2013, 12:42 PM EST) -- Earlier this year, the Brazilian government approved a sweeping anti-corruption law known as the Brazilian Clean Companies Act, which is set to take effect on Jan. 29, 2014. The new law provides for a wide range of administrative and legal penalties for violators, and is as broad as — if not broader than — the U.S. Foreign Corrupt Practices Act.
As Brazil’s economy continues to surge, and the Brazilian government continues to promote a vigorous anti-corruption agenda, companies that do business in Brazil must ensure that...