Establishing Effective Compliance Regimes

In June 2013 Brazil erupted in protests that gathered vast crowds in several cities across the country, with claims that varied in scope. One claim, however, was widely heard in unison: 'stop corruption!' was a mantra insistently repeated by protesters, putting politicians from across the political spectrum under an uncomfortable spotlight.

It was a surprising wake-up call. The matter was subject to heated debates for months during presidential elections in 2014 and climaxed with the Lava Jato operation of the Federal Police, which uncovered a large corruption scandal involving civil construction companies and politicians at the heart of a company which once made Brazilians proud: Petrobras. .