Brazil Revises Foreign Bribery Bill


The Brazilian Congress has now revised its foreign bribery bill, making anti-corruption rules more clear for companies. It appears to have taken inspiration from the U.S. Foreign Corrupt Practices Act (FCPA). Revised rules address corporate liability, sanctions, voluntary disclosures, and compliance programs. The House is scheduled to vote on this legislation before July 2012.

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Published In: Business Organization Updates, Criminal Law Updates, International Trade Updates

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