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On July 4, 2013, the Brazilian Senate approved Bill of Law 6,826/2010 (“Anti-bribery Law”), which imposes civil and administrative liability on legal entities for acts committed in detriment of the local and foreign Public Administration, specially those related to corrupt practices.
With its approval by the Senate, the Bill of Law will be sent for Presidential approval. After that, it will come into force 180 days after it is published on the official gazette (it is expected to come into force in early 2014). The main features of the text approved, and a discussion of the steps that companies can take to prepare for the law are discussed in our Legal Alert: Anti-bribery Bill: Brizilian Senate approves final version. For additional information, please contact Esther Flesch, Bruno Maeda, Érica Sarubbi or Carlos Ayres of the São Paulo office. |
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