In a world where the use of third parties in a company’s efforts to expand its business, whether internationally, domestically or locally, is not only inevitable but necessary – it is absolutely crucial to be aware of the activities of third parties in foreign jurisdictions.
In recent years, the data protection phenomenon that originated in Europe has swept across Latin America. Chile, the first country to enact a law on data protection in 1999, was swiftly followed by Argentina, Uruguay, Mexico, Costa Rica, Peru, Columbia, Brazil, and Panama.
How deeply ingrained is corruption within Latin America’s economy? Headlines paint an alarming picture: In recent years, business and government officials from Mexico to Peru to Brazil have been implicated in high-profile bribery scandals. A survey last year by the watchdog group Transparency International found that 53% of people surveyed in the region believed that…