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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.

Argentina: New Law on Corporate Criminal Liability

The new Law on Corporate Criminal Liability for corruption offences is approved and now companies should take the appropriate measures in order to prevent and detect possible corruption crimes committed in their workplace.

Fines for Violations of Environmental Law in Mexico will Likely Increase Substantially

On September 27, 2017, the Mexican Senate passed a bill that amended Mexico's main environmental law. One of the most relevant amendments deals with fines for environmental violations which will increase if the bill passes.

Global GCN Survey: Commercial bribery prohibitions and enforcement

Our survey analyzed where commercial bribery is a criminal offense, who may be prosecuted and how active the local authorities are.

Baker McKenzie launches second edition of the dictionary “Compliance and Governance from A-Z”

We are pleased to announce that the updated second edition of the Baker & McKenzie dictionary : Compliance and Governance from A-Z is now published.

US Imposes Economic Sanctions on Venezuela

On August 24, 2017, President Trump signed an Executive Order imposing additional sanctions on Venezuela. The Order states that these sanctions, which primarily target the Government of Venezuela and the Venezuelan oil industry, are in response to the deepening political and humanitarian crisis in Venezuela.

U.S.-Brazil Alignment Is Incentivizing Companies to Settle Corruption Cases

Operation Car Wash is transforming the legal landscape in Brazil. The aggressive response by Brazilian prosecutors to locate evidence of corruption is cascading through Latin America and has prompted numerous investigations into corruption by other countries outside Brazil.

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