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News 23/3/2015

NEW ANTICORRUPTION LAW IN BRAZIL AND MANDATORY CORPORATE GOVERNANCE RULES

President Dilma Roussef has issued a decree regulating the enforcement of Law 12.846/2013 – also known as the “Anti-corruption Law”. The enactment of such law is considered a milestone in the history of Brazilian everlasting fight against corruption, since it provisioned the possibility of application of penalties to companies involved in corruption schemes and any other action which may bring harm to national or foreign Public Administration.

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