Brazil’s state-run power company Eletrobras announced this week in a Form 6-K filing with the Securities and Exchange Commission that it has hired law firm Hogan Lovells to evaluate whether the company may have violated the Foreign Corrupt Practices Act, Brazil’s anti-corruption law, and Eletrobras’ Code of Ethics.

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Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...