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Brazilian anti-corruption authority updates its Corporate Compliance Program Guidelines

Brazil, Praca Dos Tres Poderes, Three Powers Square, Palacio Do Supremo Tribunal Federal, Brazil Supreme Court Palace by Oscar Niemeyer.
Photo: Andrea Pistolesi/Getty Images
Cláudia Massaia profile image

Cláudia Massaia

5 min read

New guidance includes implementing proactive risk management and defining management and control practices with an emphasis on ESG.

It has been 10 years since the Brazilian Law N.º 12,846/2013 (Brazilian Anti-Corruption Law or BACL) came into force, establishing the strict liability of companies for corrupt acts against national and foreign government officials.

At the time, there were many doubts about whether the BACL would be highly enforced in Brazil. The

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