On January 29th 2014, the Statute 12.846/2013, also known as the "Anti-Corruption Act" entered into force in Brazil. Such statute modifies the rules regarding the liability of those involved in corruption practices, especially the companies, According to the new statute, any company associated with an act of corruption can be held objectively liable for the crime. Any companies convicted for such acts may suffer with onerous penalties imposed by the statute. In the Newsletter drafted by Almeida Advogados, we bring the main aspects of the “Anti-corruption” act, including the penalties and the proceeding for the investigation of practices created by the statute, as well as the preventive mechanisms to be adopted by Companies.
See the complete study clicking here.
We wish you a good reading!
Almeida Advogados´ Team