Compliance
Brazil Guide 2024 : Brazil
Band 4
Email address
[email protected]Contact number
+55 21 2127 4210About
Provided by Tauil & Chequer Advogados in association with Mayer Brown
For targeted companies or industries, an anti-corruption investigation or prosecution inevitably leads to an interruption of business operations and often irreparable reputational damage, as well as the risk of heavy financial penalties, significant employee morale concerns, and shareholder and patient unease. For those companies who are active in joint ventures, mergers, acquisitions or other business arrangements globally, appropriate due diligence is a necessity due to the potential for acquiring the risk and liability as a result of actions taken by the new business partner.
The United States anti-corruption law, the Foreign Corrupt Practices Act (FCPA), has been the major global impetus behind such investigations and enforcement actions. TCMB was one of the pioneer firms with an anti-corruption practice in Brazil and together with Mayer Brown’s offices, has highly experienced lawyers who offer clients an all-embracing solution to ensure compliance with an increasingly global framework of anti-corruption statutes, and the attendant data privacy and privilege issues associated with cross-border investigations. We advise on the multiple, complex features of the Brazilian Clean Companies Act, the FCPA and the UK Bribery Act and the interplay of those with other domestic anti-corruption laws globally. Where knowledge of local laws is required, we work closely with colleagues in our international offices to ensure compliance with any applicable local laws and regulations.
Chambers Review
Tauil & Chequer is a multidisciplinary team that wins acclaim for the level of its experience in risk assessments, compliance programmes and legal advice. The firm's client portfolio includes players from the banking, food and retail industry. The team is also noted for its interactions with national and international authorities when providing compliance training, conducting anti-bribery and anti-corruption due diligence.
Work Highlights
- The firm assisted Aurora Terminais with an internal investigation into allegations of potential irregularities committed by members of the top management at the group, which were involved in a bidding procedure for the concession of a bonded warehouse in the State of Goiás.
Strengths
Provided by Chambers
"Excellent professionals, skilled and always delivering the work with excellence."
"They understood complex financial details, the timeline of operations, and were able to present solutions in a clear and objective manner. Competent team and committed to the results."
"Excellent professionals, skilled and always delivering the work with excellence."
"They understood complex financial details, the timeline of operations, and were able to present solutions in a clear and objective manner. Competent team and committed to the results."
Notable Practitioners
Michel Sancovski frequently assists clients with internal investigations, settlement agreements, risk assessments and compliance programmes.
"Michel is very responsive and understands well the client's needs."
"Excellent professional, both from a technical and a commitment point of view."
"Michel Sancovski is an outstanding compliance lawyer, who we fully trust and enjoy working with."