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Argentina: New Law on Corporate Criminal Liability approved

Since 2 March 2018, corporate criminal liability law (Law 27,401) is in force. Legal entities will be subject to sanctions in these offenses against the Public Administration and/or corruption: (i) national and transnational bribery and influence peddling; (ii) improper and unlawful transactions of public officials; (iii) illegal exaction committed by a public official; (iv) illicit enrichment of public officials and employees; and (v) forgery of balance sheets and reports to conceal a corruption offense.

Brazil: Compliance programs mandatory for companies cooperating with public administration

The new law determines the mandatory implementation of a compliance program for companies that enter into contract, partnerships, agreements, concessions, or public-private partnerships with the public administration of the Federal District

FCPA Corporate Enforcement Policy: Cooperation as a mitigating factor

This issue of the Ethics & Compliance in the Americas newsletter covers what the DOJ considers as cooperation, as updated by the new FCPA Corporate Enforcement Policy.

Brazil introduces public hotlines and rewards for whistleblowers

Brazil introduced measures to facilitate the report of crimes and administrative offences.

Latin America: FCPA Corporate Enforcement Policy

This issue of the Ethics & Compliance in the Americas newsletter covers the new FCPA Corporate Enforcement Policy, which replaced the FCPA Pilot Program that had been in effect since April 2016.

Brazil publishes new resolution on Politically Exposed Persons

The Brazilian Control Council for Financial Activities published a new resolution on Politically Exposed Persons which will expand the list of people defined as Politically Exposed Persons.

Brazil: New mandatory compliance programs between companies and Rio de Janeiro State

New legislation has been published according to which companies entering into contracts with the public administration of the state of Rio de Janeiro, directly or indirectly, will be mandated to implement an Integrity Program (or "compliance program").

Baker McKenzie releases Global Corporate Liability Handbook

Building on the success of 2016’s “EMEA Corporate Liability Handbook,” we are pleased to present you with the first global edition that collates and describes in detail the corporate liability and corporate crime regimes of countries in Asia, EMEA and the Americas.

Mexico: Pemex Publishes its Code of Ethics and its New Code of Conduct

On August 28, 2017, Petróleos Mexicanos published its new Code of Conduct. The Code outlines the corporate ethics principles and guidelines mandatory for all employees, subsidiaries and affiliates.

EU introduces legislation imposing targeted sanctions against Venezuela

The EU imposed sanctions on Venezuela in response to the continuing crisis in Venezuela and the perceived deterioration of democracy, the rule of law and human rights.

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