On October 9, Legislative Decree No. 426 was published in the Official Gazette, enacting the Special Law for the Prevention, Control, and Sanction of Money Laundering, Terrorism Financing, and the Financing of the Proliferation of Weapons of Mass Destruction (the “Law”). Its main purpose is to transform El Salvador’s anti-money laundering regime from a punitive…
Category Archives: Ethics & Anti-Corruption
Blog, Costa Rica, El Salvador, Ethics & Anti-Corruption, Guatemala, Honduras, News, Nicaragua, Regulatory Compliance, Prevention and Risk Management
Reorientation in the Enforcement of the FCPA: New Guidelines Establish Priorities for Latin America
12
Jun
Jun
Reorientation in the Enforcement of the FCPA: New Guidelines Establish Priorities for Latin America After months of uncertainty following the temporary suspension of the enforcement of the Foreign Corrupt Practices Act (“FCPA”), the U.S. Department of Justice issued new guidelines that resume its implementation, this time with an approach that may lead to increased scrutiny…
Analysis, Blog, Costa Rica, Ethics & Anti-Corruption
Perspectives on Corruption in Latin America 2024
27
Jun
Jun
Author https://blplegal.com/wp-content/uploads/2024/06/Janelle-Christie-blog.png Janelle Christie Senior Associate Costa Rica E-mail As part of the initiative led by the firm Miller & Chevalier to periodically evaluate the impact of corruption on business in the region, the Survey on Corruption in Latin America 2024 was published, the results of which were discussed and analyzed on April 25 by…
Analysis, Blog, Costa Rica, Ethics & Anti-Corruption
Implementation of compliance programs to reduce the criminal liability of legal entities for acts of corruption
29
May
May
According to the Law on the Liability of Legal Entities on Domestic Bribery, Transnational Bribery and Other Crimes (“Law”), legal entities (domestic or foreign) and other business structures (such as trusts, associations, and foundations) will be criminally liable for their acts of corruption, as are parent companies for actions of their subsidiaries and affiliates. Such…