Investigator's Guide to Brazil

Highlights

Brazilian lawyers: “We are living in a land of uncertainty”

Officials from Brazil’s AGU and CGU reassured lawyers at a conference on 18 October that they are working hard to improve cooperation and coordination between authorities to provide companies with clarity on what to expect after self-reporting.

Brazil’s CGU hires DOJ’s former compliance consultant

News of the hire comes shortly after the CGU published what local lawyers say is a helpful guide on how the agency will evaluate company compliance programmes.

Brazil to create social fund with Petrobras settlement money

Petrobras and Brazilian federal prosecutors have announced a first-of-a-kind $682 million agreement for the creation of a special fund for social and educational programmes in the country, as the company draws a line under bribery investigations locally and in the US.

Brazilian healthcare corruption investigations show no sign of abating

As multi-agency and multi-jurisdictional investigations into an alleged medical devices cartel in Brazil continue to ensnare international medical device companies, including Philips Healthcare, Johnson & Johnson and Orthofix, GIR talks to the lead prosecutor to find out more about the probes.

SBM Offshore settles with prosecutors in Brazil

Dutch oil services company SBM Offshore has agreed a $48 million settlement with Brazilian prosecutors to resolve legacy bribery allegations in the country, two years after a prosecutorial body struck down a first deal.

SBM reaches “milestone” settlement with Brazilian authorities

SBM Offshore has entered into a leniency agreement worth nearly $300 million with the CGU, AGU, and Petrobras two years after a similar deal with Brazilian authorities was struck down.

Brazilian agencies demystify leniency agreement calculations

Companies under investigation by Brazil’s AGU and CGU can now gauge the cost of resolving the probes, after the two agencies published guidelines for leniency agreement negotiations.

Brazil greenlights Keppel’s Petrobras bribery settlement

Keppel Offshore & Marine’s Brazilian leniency agreement is now official after a review body within Brazil’s Public Prosecutor’s Office approved the December 2017 settlement.

Brazil fines Facebook for withholding data

Facebook is considering whether to appeal against a $33 million fine it has received in Brazil for failing to hand over users’ WhatsApp messages as part of a fraud investigation.

Brazil’s CGU upgrades Rolls-Royce investigation

The CGU has formalised a bribery investigation into Rolls-Royce over allegations the UK engineering company bribed officials at Brazil’s state-controlled oil company Petrobras.

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