Published on 1 February 2014
The Importance of Preventing Corporate Corruption
Jurisdiction: Colombia
Author: David Beltran
Law firm: Prietocarrizosa
Subject: In Colombia, there is renewed interest in preventing corruption among individuals, which has drawn the attention of legislators and businessmen. The Anti-Corruption Statute recently issued new standards in 2011. As a result, large companies have begun studying these issues, which requires training of employees, managers and consultants, in order to prevent the commission of criminal behavior and improve business practices.