Brazil Tries to Tackle Corruption from Globalization: A New Role for the Private Sector

Money laundering operations, especially large-scale operations, are an international phenomenon of enormous reach and a problem of global concern. Globalization and the rise of multinational corporations have increased the scope and extent of the problem. As more companies are expanding their operations and staking claim in foreign markets, the corporate climate has accordingly transformed. It is prudent for companies to protect their interests and to ensure they are neither the victim of nor perpetrator of corporate corruption...[more]