FCPAméricas Blog
The Tangible and Intangible Drivers of FCPA Risk in Venezuela Today
11.28.2014
Hugo Chavez came to power in Venezuela in 1999, riding a wave of dissatisfaction with the corrupt oligarchic elite that had governed the country for years. Despite his promise, corruption in Venezuela is still rampant, and might have gotten worse. Chavez’s successor, President Nicolas Maduro, just last week approved a set of strengthened anti-corruption laws in the country. Even so, today Venezuela is consistently perceived as one of the most corrupt countries in the world – the fifteenth most corrupt (out of 175 countries) on Transparency International’s 2013 Corruption Perceptions Index. Only Haiti ranks higher... Read more
Views from FCPA Enforcement’s Latin American Specialists
11.26.2014
More than any other FCPA enforcement office in the United States, Miami’s DOJ and SEC teams have developed a specialization in Latin America. They work cases like Alcatel, Stryker, Ralph Lauren, and Direct Access Partners, each with an important Latin American component. They benefit from language capabilities in Spanish, Po... Read more
Evaluation of Brazil’s Implementation of the OECD Anti-Bribery Convention
11.18.2014
On October 29, the OECD Working Group on Bribery (WGB) published its Phase 3 report on Brazil’s implementation of the OECD Anti-Bribery Convention (Convention). The WGB previously evaluated Brazil in a Phase 1 (September 2004), a Phase 2 (December 2007) and a Phase 2 Written Follow-up report (June 2010). The OECD monitoring process is discussed here, here, and here... Read more
