WebAug 17, 2024 · August 17, 2024 The Brazilian Anti-corruption Act # 12.846 of August 1, 2013, known abroad as the “Clean Company Act”, brought an important instrument to assist authorities in investigating and prospecting evidence, called a leniency agreement. Webthe new act would bring measures to guarantee th e compensation for the damages with the assets of the legal person. The new act also would bring the use of the concept of …

Brazil: handling internal investigations

WebAt the end of January 2014 the Brazilian Clean Companies Act (CCA) came into effect. The Act represents an operational and compliance challenge for both Brazilian and … WebThe Anti-Corruption Law, also known as the Clean Company Act (Law No. 12,846/13), establishes an entire system of civil and administrative liabilities for companies, and a controversial mechanism of strict liability for companies involved in bribery, as per its Art. 2: “ [S]trict liability shall apply to corporate entities, in the civil and … hilton mystic ct expedia

Brazil

WebAct – FCPA”, adopted in the United States in 1977, as well as the UK “Anti Bribery Act” of 2010. The new law also intends to internalize and maintain Brazilian legislation in line with international treaties that Brazil is signatory and bound to, namely (i) the Inter-American WebIn public bids, companies also face compliance risk when vying for government contracts as part of a consortium, as they can be held liable for the misconduct of the other parties. That challenge has been compounded by Brazil’s Clean Company Act, which makes each party directly liable for the actions of the others in a consortium. Webmonopolistic authority. To circumvent the limits associated with Brazilian courts, the government is increasingly relying on administrative sanctions for corruption. It is in this context that Brazil has enacted legislation to punish legal persons for both foreign and domestic corruption: the Clean Company Act (Lei Anti- home goods free shipping first order