ARTICLE
10 January 2023

CGU And AGU Determine Criteria For The Reduction Of Applicable Fines In Leniency Agreements

In December, the Brazilian Office of the Comptroller General ("CGU") and the Brazilian Office of the Attorney General ("AGU") published Normative Instruction No. 36/2022...
Brazil Finance and Banking
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In December, the Brazilian Office of the Comptroller General ("CGU") and the Brazilian Office of the Attorney General ("AGU") published Normative Instruction No. 36/2022 ("IN 36/2022"), which determines the criteria to reduce up to two-thirds of the amount of the applicable fine in the negotiation of leniency agreements, as provided by Law No. 12,846/2013 ("Anti-Corruption Law").

The main purpose of IN 36/2022 is to increase the predictability of the application of sanctions in the scope of leniency agreements celebrated between investigated legal entities, CGU, and AGU with respect to the practice of unlawful acts against national or foreign public administrations.

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This article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

ARTICLE
10 January 2023

CGU And AGU Determine Criteria For The Reduction Of Applicable Fines In Leniency Agreements

Brazil Finance and Banking
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