Ley 1778 de 2016 | Ley 1778 de 2016 — Colombia law | Esheria

Ley 1778 de 2016

This law concerns the administrative responsibility of legal persons for transnational corruption and related anti-corruption rules.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Colombia
Instrument
Act or statute
Citation
Ley 1778 de 2016
Version
Undated source snapshot
Language
es
Updated
Official source
View official record ↗
administrative appeals administrative charges administrative enforcement administrative investigations administrative procedure administrative procedures administrative proceedings administrative sanctions administrative structure anti-corruption anti-corruption compliance audit oversight bribery campaign financing compliance compliance reporting contracting restrictions cooperation benefits corporate compliance corporate liability corporate liability decision corporate sanctions corporate supervision corporate transparency +52 more

Statute overview

About this statute

This law concerns the administrative responsibility of legal persons for transnational corruption and related anti-corruption rules. The Superintendencia de Sociedades must interpret and apply the administrative procedure rules in this law according to constitutional and statutory principles, especially due process, equality, impartiality, presumption of innocence, proportionality, legal certainty, good faith, transparency, efficiency, economy, and speed. Las personas jurídicas pueden recibir sanciones administrativas si, por medio de empleados, contratistas, administradores o asociados, ofrecen o prometen beneficios a un servidor público extranjero para influir en actos vinculados con una transacción internacional. La Superintendencia de Sociedades puede investigar y sancionar las conductas del artículo 2 de esta ley, incluso si ocurrieron en el extranjero cuando la empresa o sucursal extranjera esté domiciliada en Colombia. An administrative investigation may start, continue, and finish without waiting for another proceeding or its outcome.