OECD highlights CGU’s role in combating transnational corruption

Summary:

The Organization for Economic Co-operation and Development (OECD) has released its final report evaluating Brazil's compliance with the Anti-Bribery Convention. The report highlights significant advances and good practices in the country's efforts to combat foreign bribery, particularly in the work of the Federal Attorney General's Office (CGU).

The report praises the CGU's efforts to provide training and guidance to the public and private sectors on Brazil's laws and obligations related to foreign bribery. It also notes the reorganization and strengthening of the CGU's detection and investigation of new cases of foreign bribery, as well as the creation of a private sector integrity department and the development of an electronic calculator to determine fines for companies found responsible for foreign bribery.

The report also makes several recommendations for improvement, including increasing fines for foreign bribery involving individuals, addressing the issues related to the statute of limitations for foreign bribery, protecting against political interference and arbitrary use of disciplinary measures, and revising whistleblower protection laws.

This is the fourth evaluation phase of Brazil's compliance with the Anti-Bribery Convention, which was signed in 1997 and has been ratified by 44 countries, including all 38 OECD member countries, as well as Argentina, Brazil, Bulgaria, Peru, Russia, and South Africa.