Anti-Corruption Regulation in 37 jurisdictions worldwide Contributing editor: Homer E Moyer Jr 2008
Published by Getting the Deal Through in association with:
A&L Goodbody Ali & Partners Anderson Mo¯ri & Tomotsune Astolfo Di Amato & Associati – Avvocati Badri and Salim El Meouchi Law Firm Bennett Jones LLP Blake Dawson Dr Kai Hart-Hönig Rechtsanwälte Estudio Durrieu Abogados SC Feinzaig Scharf & van der Putten Galadari & Associates, Advocates and Legal Consultants Ivanyan & Partners Kim & Chang Kleyr Collarini Grasso Koep & Partners Lebray & Associés Leite, Tosto e Barros Advogados Associados Lim A Po Law Firm Makarim & Taira S Miller & Chevalier Chartered Miranda Correia Amendoeira & Associados Monard – D’Hulst NautaDutilh NV Navigant Consulting Ltd Paz Horowitz, Abogados Pellerano & Herrera Peters & Peters Rubio Villegas y Asociados SC Sarda Abogados Schellenberg Wittmer Setterwalls Singhania & Co Sofunde Osakwe Ogundipe & Belgore The Law Firm of Salah Al-Hejailan V&P Law Firm Wardyn´ski & Partners Webber Wentzel Anti-Corruption Regulation Contents 2008
Contributing editor 1 Introduction Akere Muna Transparency International 3 Homer E Moyer Jr Miller & Chevalier Chartered 2 Global Overview Homer E Moyer Jr Miller & Chevalier Chartered 7 3 Argentina Roberto Durrieu Jr and Federico de Achával Estudio Durrieu Abogados SC 11 getting the deal through 4 Australia Jane Ellis, Elizabeth Johnstone and Nawal Silfani Blake Dawson 16 Business development manager Joseph Samuel 5 Belgium Christiaan Barbier Monard – D’Hulst 22 Marketing managers 6 Brazil Jorge Nemr Leite, Tosto e Barros Advogados Associados 28 Alan Lee Dan Brennan 7 Canada Milos Barutciski Bennett Jones LLP 35 George Ingledew Edward Perugia 8 China Samuel Porteous and Winston Wan Navigant Consulting Ltd 40 Robyn Hetherington Dan White 9 Costa Rica Gabriela Goebel Prestinary Feinzaig Scharf & van der Putten 46 Marketing assistant 10 Dominican Republic Isabel Andrickson and Luis Pellerano Pellerano & Herrera 50 Tamzin Mahmoud Elle Miller 11 Ecuador Bruce Horowitz Paz Horowitz, Abogados 55 12 France Stéphane Bonifassi Lebray & Associés 58 Assistant editor Adam Myers 13 Germany Kai Hart-Hönig Dr Kai Hart-Hönig Rechtsanwälte 63 Editorial assistants 14 Greece Ioanna Anastassopoulou and Alexandra Mitsokali V&P Law Firm 68 Fiona Hetherington Nick Drummond-Roe 15 India Krishan G Singhania Singhania & Co 73 16 Indonesia Richard Cornwallis and Benny Bernarto Makarim & Taira S 78 Senior production editor Jonathan Cowie 17 Ireland Joe Kelly A&L Goodbody 83 Subeditors 18 Italy Astolfo Di Amato Astolfo Di Amato & Associati – Avvocati 91 Jonathan Allen Sebastian Perry 19 Japan Kenichi Sadaka, Koya Uemura and Emi Sakai Anderson Mo¯ri & Tomotsune 96 Kathryn Skegg 20 Korea Eun-Young Park and Matthew F Jones Kim & Chang 101 Editor-in-chief 21 Kuwait Reema Ali Ali & Partners 105 Callum Campbell 22 Lebanon Karen Malek, Charbel Aoun and Marie-Anne Jabbour Publisher Richard Davey Badri and Salim El Meouchi Law Firm 108 23 Luxembourg Maître Rosario Grasso Kleyr Collarini Grasso 114 Anti-Corruption Regulation 2008 Published by 24 Mexico Luis Rubio Barnetche Rubio Villegas y Asociados SC 120 Law Business Research Ltd 87 Lancaster Road 25 Namibia Peter Koep and Andrew Katimbo Sekandi Koep & Partners 124 London, W11 1QQ, UK 26 Netherlands Bert Fibbe NautaDutilh NV 128 Tel: +44 20 7908 1188 Fax: +44 20 7229 6910 27 Nigeria Babajide O Ogundipe and Chukwuma Ezediaro Sofunde Osakwe Ogundipe & Belgore 132 © Law Business Research Ltd 2008 28 Poland Janusz Tomczak Wardyn´ski & Partners 136 © Copyright in individual chapters vests with the contributors. 29 Portugal Ana Pinelas Pinto and Célia Matias Miranda Correia Amendoeira & Associados 141 No photocopying: copyright licences do 30 Russia Khristofor Ivanyan and Vasiliy Torkanovsky Ivanyan & Partners 147 not apply. 31 Saudi Arabia Robert Thoms The Law Firm of Salah Al-Hejailan 153 ISSN 1754-4874 32 South Africa Johann Scholtz and Dawid de Villiers Webber Wentzel 156 The information provided in this publication is general and may not apply 33 Spain Juan Ignacio Sarda Anton Sarda Abogados 161 in a specific situation. Legal advice should always be sought before taking any legal 34 Suriname Hans Lim A Po Jr Lim A Po Law Firm 166 action based on the information provided. The information is not intended to create, 35 Sweden Harald Nordenson and Caroline Näslund Setterwalls 170 and receipt of it does not constitute, a lawyer-client relationship. The publishers 36 Switzerland Paul Gully-Hart and Peter Burckhardt Schellenberg Wittmer 175 and authors accept no responsibility for any acts or omissions contained herein. Although the information provided is 37 United Arab Emirates H Teymour Saad Salaam accurate as of April 2008, be advised that Galadari & Associates, Advocates and Legal Consultants 181 this is a developing area. 38 United Kingdom Monty Raphael Peters & Peters 185 Printed and distributed by Encompass Print Solutions. Tel: 0870 897 3239 39 United States Homer E Moyer Jr, James G Tillen, Jeffrey M Hahn and Marc Alain Bohn Miller & Chevalier Chartered 192
www.GettingTheDealThrough.com The Official Research Partner of the International Bar Association Preface
Getting the Deal Through is delighted to publish the second edition of Anti-Corruption Regulation, a volume in the Getting the Deal Through series of annual special reports, designed to inform subscribers – general counsel, company executives, government agencies and private practice lawyers – on increasingly complex anti-bribery rules around the world.
In the format adopted throughout the Getting the Deal Through series, the same key questions are answered by leading practitioners in 37 jurisdictions.
Every effort has been made to ensure that matters of concern to readers are covered. However, specific legal advice should always be sought from experienced local advisers. Anti-Corruption Regulation is updated annually, and readers are urged to always ensure that they are referring to the current edition.
Getting the Deal Through gratefully acknowledges the contributions of the authors of Anti-Corruption Regulation 2008, who have been selected for their recognised expertise in the area. We would particularly like to thank the contributing editor, Homer E Moyer Jr, for his assistance in planning and devising this volume.
Getting the Deal Through London April 2008
Getting the Deal Through – anti-corruption regulation 2008 Miller & Chevalier Chartered Global overview Global Overview
Homer E Moyer Jr Miller & Chevalier Chartered
Corruption, including corruption of public officials, dates from by non-governmental organisations and the appearance of an early in human history and countries have long had laws to pun- expanding cottage industry of anti-corruption compliance pro- ish their own corrupt officials and those who pay them bribes. grammes in multinational corporations, anti-corruption law and But national laws prohibiting a country’s own citizens and cor- practice is rapidly coming of age. porations from bribing public officials of other nations are a new phenomenon, less than a generation old. Over the course of per- The US ‘questionable payments’ disclosures and the FCPA haps the last 15 years, anti-corruption law has established itself The roots of today’s legal structure prohibiting bribery of for- as an important, transnational legal speciality, one that has pro- eign government officials can fairly be traced to the serendipitous duced multiple international conventions and scores of national discovery in the early 1970s of a widespread pattern of corrupt laws, as well as an emerging jurisprudence that has become a payments to foreign government officials by US companies. First prominent reality in international business and a well-publicised dubbed merely ‘questionable’ payments by regulators and corpo- theme in the media. rations alike, these practices came to light in the wake of revela- This volume undertakes to capture the growing anti-