Event brings together Latin American executives to discuss business ethics

By ETCO
02/07/2015

More than 150 executives from 17 companies met between June 18 and XNUMX, in Rio de Janeiro, to discuss issues related to business ethics. The debates took place at the Latin America Ethics Summit, the Latin edition of one of the most important global forums on the subject.

Presidents and leaders from the audit and compliance areas of large companies, such as 3M, AES and Votorantim, were part of the list of speakers. Based on the motto “Global issues, local perspectives”, the panelists discussed topics such as best practices for structuring an efficient compliance department and establishing more reliable and responsible relationships with third parties.

Legal aspects such as the new Brazilian anti-corruption law were also the subject of discussion tables, with a debate about the changes that the new regulation has brought to the daily lives of companies since its entry into force a year ago, and the main doubts that still remain persist. The view of the public authorities on the subject was addressed in a lecture by Flávio Dematté, general coordinator for the Accountability of Private Entities at the Federal Comptroller General (CGU), who spoke about the prospects of the body regarding the application of the new law and other efforts that is being committed to fight corruption in the country.

 

EXAMPLES OF THE NEWS

Luis Moreno-Ocampo, former chief prosecutor of the International Criminal Court, related in his lecture the scenario of corruption in Latin America and global trends. For this, he took the Petrobras, Fifa and Siemens cases as a starting point. The situation of FIFA officials also served as a basis for a discussion on corruption in sports, a topic ranging from the manipulation of scoreboards to affect the results of bookmakers to money laundering linked to sponsorship.

ETCO-Instituto Brasileiro de Ética Concorrencial was among the supporters of the Latin America Ethics Summit. The organization fell to the Ethispere Institute, a consultancy specialized in structuring and controlling ethical practices for large corporations.