Skip to Primary Navigation

Skip to main content

Brazilian authorities issue new decree on compliance guidelines for high-value government contracts

RONDONIA STATE, BRAZIL - SEPTEMBER 15: A logger cuts down a tree in the forest about 1000 meters from indigenous land in the Amazon forest in the state of Rondonia on September 15, 2021.
Photo: Lynsey Addario/Getty Images

Cláudia Massaia

4 min read
 Click to share on Facebook (Opens in new window/tab) Click to share on Twitter (Opens in new window/tab) Click to share on LinkedIn (Opens in new window/tab) Click to share on WhatsApp (Opens in new window/tab)

New law encompasses ESG and is part of crucial drive for long-term economic improvement.

On December 9, 2024, the Brazilian federal government published Decree No. 12,304/2024 (Decree), which regulates Brazilian Law No. 14,133/2021 (known as Brazilian New Procurement Law). This law, in effect since April 2021, contains provisions mandating the implementation and development of compliance programs for companies doing business with the Brazilian government.

The Decree that takes effect

, , , , , ,

Get full access, free for a month

Start your 28-day free trial to continue reading and access
all content on GRIP – no payment details required.

Start free trial Sign in

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience