Know Your Client as a compliance pillar: the growing role of KYC in Brazil’s regulatory framework
Introduction The Brazilian Law No. 9,613/1998(“Brazilian AML Law”) is a landmark for the regulatory anti-money laundering and combating the financing of terrorism (“AML/CFT”) landscape, indicating an active role for obligated persons – whether legal entities or natural persons.
Navigating ECCTA 2023: periodic compliance review as a strategic tool to mitigate corporate risk
Introduction The Economic Crime and Corporate Transparency Act 2023 (“ECCTA 2023” or the “Act”) constitutes a landmark development in the United Kingdom’s (“UK”) legal framework to combat financial crime and reinforce corporate accountability.
Navigating ECCTA 2023: periodic compliance review as a strategic tool to mitigate corporate risk
Introduction The Economic Crime and Corporate Transparency Act 2023 (“ECCTA 2023” or the “Act”) constitutes a landmark development in the United Kingdom’s (“UK”) legal framework to combat financial crime and reinforce corporate accountability. Enacted in 2023, the Act introduces two key provisions: the creation of the new corporate offense of failure to prevent fraud, entered …
Internal Investigations: Key Strategies, Challenges, and Best Practices from a Brazilian Perspective
Introduction Internal investigation is one of the key elements of a corporate integrity program and, in Brazil, it is considered a cornerstone by the Office of the Comptroller General (Controladoria-Geral da União – CGU), the federal authority responsible for issuing structured guidelines to prevent, detect, and remediate corruption and related offenses.