It is proven that the biggest yet most simple effect of corruption, of any kind, is that it causes inefficiency in business – it's a big money and time-wasting problem. While the relationship between politics, economy and businesses can bring with it a risk of corruption in some jurisdictions, there are a few things currently happening in Latin America that companies need to be aware of.
On the next page we look at the countries of Latin America, and both the good they are doing to tackle corruption, and some of the recent issues that have made headlines.
With the in-depth local knowledge of our experts on the ground throughout Latin America, TMF Group can help you navigate the complexities of business.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.