Earlier today, the Office of the Comptroller General in Brazil, Controladoria-Geral da União (“CGU”), issued a sweeping directive barring government officials from accepting offers to attend or participate in the upcoming 2014 FIFA World Cup events set to begin in Brazil on June 12, 2014. This CGU directive is consistent with the existing obligations of businesses under Brazil’s recently enacted Anti-Corruption Law, No. 12,846/2013, the US Foreign Corrupt Practices Act (“FCPA”), the UK Bribery Act (“Bribery Act”), and the anti-corruption laws of most countries.
The CGU directive provides companies dealing with corporate hospitality surrounding the World Cup with a valuable response to Brazilian government officials seeking tickets to see Messi, Neymar, Ronaldo, Suarez, Xavi, and, of course, America’s own Clint Dempsey.
I. The CGU Directive
Consistent with Brazil’s anti-corruption legislation, the CGU’s directive prohibits federal public agents from accepting any invitations, tickets, transportation or hotel offers to watch matches or participate in World Cup events. Officials may, however, accept invitations or tickets in limited circumstances...
Please see full memo below for more information.
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Topics: Brazil, Compliance, FCPA, Government Officials, Public Officials, UK, UK Bribery Act, World Cup
Published In: General Business Updates, Criminal Law Updates, International Trade Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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