Archive · Reporting of a government announcement. English digest based on publisher material dated 8 June 2021.

What the source reports

CompliancePME relayed the Brazilian government’s announcement of a settlement with SICPA and CEPTIS, including irregular payments linked to Operação Vícios and cooperation conditions.

Reading the original source

The government account relayed by CompliancePME says SICPA approached the authorities after an internal investigation, supplied information and documents, and agreed to compliance improvements. It says the agreement reduced statutory fines and avoided a bar on public contracting, subject to compliance with its terms.

Context and scope

The agreement concerns corporate commitments. It should not be combined with the former executive’s personal criminal liability or described as the Swiss sanction announced in 2023.

Sources & supporting documents

  1. CompliancePME · Reporting of a government announcement · 8 June 2021

This English digest is based on the original reporting or official material linked above and does not reproduce the full source.

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