The Clean Company Act

Jurisdiction: Brazil

The Clean Company Act, also known as Law No. 12,846, is a Brazilian legislation focused on anti-bribery and anti-corruption (ABAC) measures. It holds companies liable for corrupt practices, including bribery of public officials. The Act establishes stringent penalties for violations, such as fines, disgorgement of profits, and even dissolution of the company, while also encouraging the implementation of compliance programs to prevent corruption.