On August 1, 2013 Brazil’s President, Dilma Rousseff, signed a new, far reaching anti-bribery law into effect. After widespread protests over political corruption, Brazil’s Congress passed Law No. 12,846/2013 in record time, allowing for this law to take effect come early 2014. This law brings Brazil in line with the Organization for Economic Cooperation and Development’s requirements and now demands responsibility of corporations for their corruption and not just the individuals involved.
Join us on September 10, 2013 as Erica Salmon Byrne, Executive Vice President, Compliance and Governance Solutions for NYSE Governance Services, Corpedia discusses the results of this new legislation.
This discussion will include:
• Brazil: A History
• Who is Covered
• Prohibited Acts
• Repercussions and Fines
• How This Legislation Could Affect Your Organization
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