FCPA Compliance: 5 Overlooked Issues

FCPA Compliance: 5 Overlooked Issues

1. Single Compliance Program: A “one size fits all” compliance program does not often work. Must take into account risk/cultural aspects of every country and have a proportionate global program. Must be able to demonstrate compliance program works effectively and has been tested: Prevent-Detect-Respond. Materiality does not matter, issue is whether your internal control system works effectively to detect and avoid illegal payments. 2. Unsupervised 3Ps: Largest source of FCPA violations comes from third parties (3Ps): Agents, Distributors,…
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Mining 2013 Peru

Mining 2013 Peru

Overview of the mining industry in Peru: What is the significance of the mining industry as a component of the national economy? Peru is a multi-metallic country that has one of the world’s largest mining reserves. It is the third-largest global producer of copper, silver, zinc and tin; and within Latin America, is the largest producer of gold, zinc, tin and lead. During 2012 Peru welcomed approximately $8.5 billion of mining-related investments to be…
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Water in Peru

Water in Peru

Peru is a large producer of water due to its geographical configuration and extensive coast, including the Andes mountain chain, which with its high altitude and abrupt geomorphology has contributed to water distribution. This combination in addition to climatic factors has generated a large number of microclimates and ecosystems in the country. Today, even the coastal region, predominantly a desert throughout its 2000 kilometers in length, is crossed by approximately 20 large rivers that…
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Cumplimiento en America Latina

Cumplimiento en America Latina

Para entender mejor el estado actual del área de cumplimiento en los cuatro mercados más importantes de América Latina, LEC ha consultado a reconocidos profesionales, quienes son expertos en este tema en sus respectivos países. Entre ellos, Sandra Orihuela, socia del estudio boutique Orihuela Abogados, con oficinas en Lima, Perú y Miami (EE.UU.) quien comparte sus opiniones y puntos de vista sobre el progreso y los retos para la evolución del cumplimiento de estos…
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Orihuela Abogados | Attorneys at Law

Orihuela Abogados | Attorneys at Law

Orihuela Abogados | Attorneys at Law was founded in July 2007, as a boutique law firm primarily dedicated to advising international clients doing business in Peru and in Latin America. Over the years our firm gained important expertise on complex M&A transactions involving mining, pharmaceutical and general corporate matters. Due to the increasing international enforcement of anti-corruption regulations from the U.S., Canada and the U.K., as well as the enhancement to local laws underway in Brazil,…
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