Peru’s foreign antibribery law enacted

( April 22, 2016, 03:01 GMT | Official Statement) -- MLex Summary: Peru’s new foreign antibribery law took effect with its publication in the country’s official journal on April 21. Under the law, Peruvian judges will be able to sanction local companies that engage in corrupt practices overseas by imposing fines of more than 2 million soles ($612,090), withdrawing licenses and permits, or closing down the whole company, Peru’s high-level anticorruption commission said in a statement.CAN statement follows in Spanish....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.

Know what others in the room don’t, with features including:

Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Prepare for tomorrow’s regulatory change, today

Related Sections