From newly enacted legislation to ground-breaking domestic and international enforcement actions, the anti-corruption landscape in Latin America has changed dramatically in recent years – and responding to a corruption crisis in Latin America has, as a result, become far more complicated. In this chapter, Morrison & Foerster lawyers supply practical advice to assist practitioners in navigating certain key complexities involved in managing such a crisis. Our attorneys consider some of the background diversity in anti-corruption risks that companies confront across the region and explore some of the most important recent trends in anti-corruption enforcement in the region, including standardization in anti-corruption legislation and the increase of coordinated enforcement actions and resolutions. The chapter also focuses on important ways to mitigate the challenges of navigating and avoiding a cross-border corruption crisis: whether by effectively gathering and sharing information when a problem arises, or by ensuring that compliance programs are effectively designed and implemented with certain key elements.
Read more in Latin Lawyer’s The Guide to Corporate Crisis Management.