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KLA Alert – Anti-Corruption & Compliance – March, 2015

GUIDELINES FOR THE ANTI-CORRUPTION LAW RELEASED TODAY

Published today in the Federal Official Gazette Decree 8,420/15 of March 18, 2015 (“Decree 8,420/15”) regulates Law 12,846/13 (“Anti-Corruption Law”) and provides for the administrative liability of legal entities for acts against the direct or indirect Public Administration, Brazilian or foreign.

Decree 8,420/15 specifies the general parameters for the application of administrative sanctions, the so-called procedure for the Administrative Liability Process (“PAR”), provides rules for leniency agreements and establishes that the Comptroller General of the Union (“CGU”) has exclusive competence for the execution of leniency agreements in the Federal Executive Branch. The norm also provides rules for the public lists of companies that have been debarred (“CEIS”) and punished by corruption (“CNEP”). More…