FCPAméricas Blog
How Chile’s Recent Political Scandals Led to Reforms
11.11.2016
This post was co-authored by Quinnie Lin, a Law Clerk at Miller & Chevalier.
On March 10, 2015, Chile’s President Michelle Bachelet established the Presidential Advisory Council against Corruption, Influence-Peddling, and Conflicts of Interest (“Consejo Asesor Presidencial contra los Conflictos de Interés, el Tráfico de Influencias, y la Corrupción”) (“Council”). The impetus for founding the Council was a series of political scandals in recent years that resulted in plummeting public confidence in the Chilean government.
In January of 2015, authorities investigated Andrés Velasco, the Finance Minister during Bachelet’s first term, for alleged illegal financing of his 20... Read more
More Companies Managing Third Party Corruption Risks in Latin America
11.03.2016
This post was co-authored by Leah Moushey, a Law Clerk at Miller & Chevalier.
The 2016 Latin America Corruption Survey, released by Miller & Chevalier and 13 partner law firms throughout the region, shows a notable increase in efforts by companies to mitigate risks that their third parties will pay bribes on their behalf. The survey results are based on information provided by more than 630 respondents across 19 countries in the Americas.
In general, the survey shows that many types of anti-corruption compliance efforts employed by companies in the region have remained consistent over the last four years, since the survey was last conducted in 2012... Read more
Anti-Corruption Compliance Interest Grows in Colombia: ACI Holds Second Andean Summit
10.31.2016
A key measure of local interest in anti-corruption compliance in Latin America is the level of turnout at local compliance events. In Brazil and Mexico, compliance conferences are now often filled to capacity. If American Conference Institute’s continued investment in Colombia is any indication, that country and surrounding Andean countries are also poised to experience the same type of expansion in compliance know-how that Brazil and Mexico have experienced.
In fact, in the 2016 Latin America Corruption Survey more than 630 respondents throughout the region were asked about their company’s own anti-corruption compliance efforts. S... Read more
