FCPAméricas Blog
Brazilian Clean Companies Act: Three Practices to Prevent Fraud in Public Procurement
5.25.2015
This guest post was written by Felipe Ferenzini, senior associate at Trench Rossi & Watanabe Advogados.
The long-awaited Brazilian Clean Companies Act entered into force on January 29, 2014 and set forth strict rules to prevent the corruption that has been plaguing the country. As a result of Brazil`s change of attitude toward enforcement of anti-corruption laws, the country is seeing unparalleled investigations in the past months. Among other things, it has led to the imprisonment of numerous top executives and investigations of approximately 50 politicians so far.
Recent massive protests against corruption involving public officials have driven the Brazilian Government to move forward with the pending regulation of the Clean Companies Act. Decree 8420/2015 was published on March 18, 2015 to fill such gap.Read more
Ten Key Aspects of Mexico’s New National Anti-Corruption System (the SNA)
5.14.2015
This guest post was provided by Diego Sierra, partner of Von Wobeser & Sierra law firm in Mexico City, who focuses on Mexican anti-corruption compliance matters.
On April 22nd, 2015, the Mexican Chamber of Senators approved constitutional reform in the area of fighting corruption. The reform was then approved by 22 state legislatures, according to newspaper reports, and by 21, according to the Senate website [Ed Note: FCPAméricas has discussed reform developments here]. Approval of the majority of the legislatures of the States is required to pass a constitutional reform in Mexico.
It is very likely that during this week the Permanent Commission of Mexico’s Federal Congress will declare the constitutiona... Read more
Further Comments on the Regulations on the Clean Companies Act
5.07.2015
On March 18, 2015, President Dilma Roussef signed Decree 8.420/2015, which regulates certain features of the Clean Companies Act. The highlights of Decree 8.420/2015 are available here. On April 7, 2015, the Office of the Federal Comptroller General (“CGU“), issued four... Read more
