Welcome to Compliance & Corporate Ethics In Practice!

Have you ever heard about “Corruption by Design”? In this edition, we share the podcast of NBW that explains the concept, as well as highlight in the To Know More the dissertation by the Brazilian Maria da Graça Ferraz de Almeida Prado, a specialist in the subject by the London School of Economics and Political Science.

We hope you enjoy it!

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US Education Department investigates college bribery scheme Universities of Southern California, Yale, Georgetown, Stanford, as well as other five American universities are under investigation following a recent scandal involving the payment of bribe by parents of students to cheat the process of admission in the institutions. (Independent, 04.02.2019)

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The EU’s New Action Plan to Fight Money Laundering In response to the investigations of Panama Papers and Paradise Papers, as well as the scandals involving the major European banks, the European Parliament approved a detailed road map having as the principal purpose the verification of the laws and regulations, both in reference to the fight against the money laundering and financial crimes. (OCCRP, 03.27.2019)

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Brazilian Senate approves compliance program for political parties With the aim of increasing transparency and avoiding corruption acts, the Bill 429/2017 follow to analysis by the Chamber of Deputies. The project expects a set of internal mechanisms of control, auditing, report of irregularities, as well as periodic training by the parties to its affiliates, employees and leaders. (Senado, 03.27.2019)

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ABAP presents the Checklist to compliance for advertising agencies Addressed to the Brazilian adversting agencies, the document “Diretrizes de Compliance: Guia de boas práticas para o mercado publicitário ” provides a step-by-step for implementation of the compliance program. To download the guide click here. (The Weather, 03.25.2019)

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To Know More
The term “Corruption by Design” emerged to explain that there is not only one way to practice unlawful acts. On the contrary, to understand corruption it is also necessary to understand its motivations and the perspective to which it is connected and structured, so as to guarantee its prevention in an effective and lasting way. In this sense, we share the dissertation “Corruption by design” and the management of infrastructure in Brazil: Reflections on the Programa de Aceleração ao Crescimento – PAC” by the Brazilian Maria da Graça Ferraz de Almeida Prado, a specialist inpublic policies by the London School of Economics and Political Science.

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Compliance Desk