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Brazilian Anti-Corruption Act

The Brazilian Anti-Corruption Act, officially Law No. 12,846 of 1 August 2013 and commonly known as the Clean Company Act, is a Brazilian law enacted in 2013 targeting corrupt practices among legal entities doing business in Brazil. It defines civil and administrative penalties, as well as the possibility of reduction in penalties for cooperation with law enforcement under a written leniency agreement signed and agreed to between the companies and the government.

History
The anti-corruption law is directed at legal entities () only. This includes corporations and other institutions, but not individuals (). == Leniency agreements ==
Leniency agreements
Leniency agreements () are defined under the Brazilian Anti-corruption Act in article 16. They target Brazilian companies and foreign companies with a presence in Brazil who are involved in corruption investigations. Under the law, companies are responsible for corruption and can face heavy penalties, a restriction on participation in future bids, confiscation of their assets, suspension of business activity, or dissolution. Related agreements Brazilian companies have been involved in corruption investigations in countries outside Brazil, some in collaboration with Brazilian justice, and have paid fines in agreements reached in such procedures. The most notable case was the investigation of Brazilian construction corporation Odebrecht carried out by the United States and Switzerland with the cooperation of the Brazilian government. As a result of the investigation into kickbacks paid to hundreds of politicians, including presidential candidates, as well as to judges on the Supreme Federal Court, Odebrecht agreed to pay a record fine of R$6 billion ($ billion) in a leniency agreement. in a case described by attorney general Deltan Dallagnol as the "largest damages agreement in the history of the world". Examples Some leniency agreements signed by July 2018 include: • SBM Offshore: R$1.22 billion ($ million) • Odebrecht: R$2.72 billion ($ million) • MullenLowe and FCB Brasil: R$53.1 million ($ million) • Bilfinger: R$9.8 million ($ million) • UTC Engenharia: R$574 million ($ million) Comparison with plea bargains Clean Company leniency agreements in Brazil apply exclusively to juridical persons, i.e., corporations or other business entities, but not individuals, and are not the same as plea bargain agreements (colaboração premiada) which apply only to natural persons, i.e., people. Plea bargain agreements may be reached with executives or employees of those corporations to avoid personal fines or prison time. Individuals accused of involvement in corruption schemes may enter into plea bargains with the Public Prosecutor's Office (MPF) on their own. These individual agreements are known commonly as , and others may be more lax, and confuse the two; they may use the term plea bargain (or plea deal) for both. The first page of the affidavit between the United States Department of Justice and Odebrecht was filed in District Court in New York, and names it as a "plea agreement" (number 16-643), with the parties involved in the agreement named as "United States of America" and "Odebrecht, S.A., defendant", in which it specified a 25% reduction in penalties in exchange for the investigation assistance already provided and other remedies. == Related laws ==
Related laws
Other important anti-corruption laws passed in Brazil include laws such as Law No. 12,527 of 18 November 2011 (Freedom of Information Act), Law No. 12,813 of 16 May 2013 (Conflict of Interests Act; ), Law No. 12,850 of 2 August 2013 (Organized Crime Act; ), and Law No. 12,683 of 9 July 2012 (amended the Money Laundering Act) == Innovation ==
Innovation
Before the regulation of the law, the culture of Brazilian legislation only punished those who received bribes, that is, the corrupt, however, with the Anti-Corruption Law or Clean Company Law, it mandates that those who corrupt, the corporate corruptor, are also held accountable and punished. == See also ==
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