Anti-corruption compliance: Cross-border challenges in Brazil, Germany and Russia

Companies doing business globally are confronted with the extraterritorial scope of application of tough anti-bribery laws as well as with increasing international anti-corruption enforcement efforts.

In this context, international companies subject to foreign anticorruption laws entering the Brazilian market via acquisitions or joint ventures seek conformity by the Brazilian target or business partner with the standards imposed by those regulations. At the same time, Brazilian companies doing business abroad find themselves subject to the jurisdiction of foreign authorities and are advised to proceed with a heightened degree of caution while designing and implementing corporate compliance regimes.

As a result, understanding and assessing the applicable anticorruption compliance standards is key for companies participating and competing in world markets, so as to mitigate the risks arising out of international business transactio

Download (english): Brazil Desk Newsletter July 2013
Download (portuguese): Brazil Desk Newsletter Julho 2013