Bolivia Towards the Implementation of Compliance in Private Companies
On February 2 of this year, the Bolivian government approved Executive Order No. 4872, regarding the “Plurinational Policy to Fight Corruption” (the “Policy”).
The objective of the Policy is to strengthen the fight against corruption based on, among others: 1) digitized public management; 2) development and implementation of risk management systems; and 3) management of complaints that are measurable and comparable to obtain results of impact, to optimize the prevention mechanisms.
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