Anti-corruption law is amended to facilitate agreements

By ETCO
13/01/2016

The Federal Government published in the Federal Official Gazette of 21/12/2015, the Provisional Measure 703, amending the Law 12.846/ 2013, which makes administrative and civil liability of legal entities for the practice of acts harmful to public administration. The MP 703 aims to facilitate the so-called leniency agreement.

Among the amendments to the Law, the MP provides that legal entities that enter into the leniency agreement may continue to participate in bids and contracts with the public administration if they comply with penalties and other legal conditions. In the event that the legal entity is the first to sign the leniency agreement on the investigated acts and facts, the reduction of fines provided for in the Law may reach its complete remission, with no other financial penalty resulting from the specified infractions being applicable. in the agreement.

To access the full text of MP 703 - Click here