Who's Investigating?

Brazil's Clean Company Law came into force at the start of this year, allowing for the punishment of companies practising corrupt acts against domestic or foreign public officials. The law is Brazil's answer to the FCPA and UK Bribery Act, and has been described as more far-reaching. It was rushed in after a wave of protests over corruption erupted across the country and should create deep changes in the local business environment.

A group of prominent full-service law firms prepared for the legislation in advance, assembling cross-disciplinary teams from a range of practice areas including antitrust, administrative and criminal law, and are now helping Brazilian companies adjust to the new scenario. A smaller number of firms were ahead of the game, investing in the area well ahead of the new law.