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Chile: Five years of the Law on Criminal Liability of Legal Entities

As Law No. 20,393, which “Establishes Criminal Liability for legal entities arising from certain felonies of money laundering, terrorism financing and bribery" (the Law...

US – BIS imposes controls on certain exports to Venezuela for use by its...

On November 7, 2014, the Bureau of Industry and Security (BIS) published in the Federal Register a final rule amending the Export Administration Regulations...

Mexico: For the first time, Consumer Protection Agency imposes fines on e-commerce retailers

The Mexican Consumer Protection Agency (PROFECO) imposed fines on major e-commerce retailers even though no consumer complaint was filed; During a massive raid on...

Only Four Countries Actively Enforce OECD Anti-Bribery Convention

On 23 October 2014, Transparency International published a report which analyzed the enforcement of the the Organisation for Economic Co-operation and Development’s Anti Bribery...

Snapshot: Credit for antitrust compliance programs around the world

 Last week we analyzed the view of US antitrust enforcers on the existence of a compliance program when assessing the punishment for cartel violations....

Chile will strenghten its merger control regime on advice from the OECD

On 21 July 2014, the Organisation for Economic Co-operation and Development published a report called "Assessment of Merger Control in Chile". The report's findings...

Mexico sharpens its Federal Competition Policy

19  June 2014 - On May 23, 2014 a New Mexican Competition Law, approved by the Mexican Congress on April 29, 2014, was published...

Haitian Parliament passes anti-corruption legislation

On 11 March, 2014, Transparency International reported that the Haitian Parliament passed a comprehensive anti-corruption law, thereby putting an end to a long-lasting legislative...

Odd effects of Mexico’s 2013 anti-money laundering legislation

Mexican newspaper “El Financiero” reported on 13 May 2014 that there has been a significant drop of luxury car sales in Mexico since September...

New Brazilian Anti-Corruption Law requires businesses to adopt

On 29 January 2014, new Brazilian anti-corruption legislation came into force. It introduced a mechanism of direct corporate liability for fraud, bid rigging and...

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