In the last years, the Brazilian government enacted several
legal statutes that fostered the creation of a new environment of
fight against corruption, including, among others: an amendment to
the Brazilian Criminal Code, in order to punish corrupt practices
internationally; the regulation of the Plea Bargaining, which
allows defendants to provide information that contributes to the
investigation of the crimes, in exchange for a more lenient
sentence; and the approval of the Brazilian Anticorruption Law.
These statutes were followed by a substantial change in the
approach of Brazilian authorities with regards to corruption. The
so-called "Operação Lava Jato" severally
impacted the Brazilian market, and was responsible for several
convictions and for the recovery and blockage of billions of
Brazilian Reais. Every day, new allegations, confirmations and
admissions of corrupt practices are made public, based on which
several managers of renowned companies have been sent
