Impact on the activity of the pharmaceutical industry
At the end of 2021, two laws were published to regulate the general framework for the prevention of corruption in the activity of companies: (i) Decree-Law 109-E/2021 of 9 December, which establishes the general rules for the prevention of corruption ("RGPC") and (ii) Law 93/2021 of 20 December, which creates rules to protect whistleblowers ("RJPDI").
This legal framework is applicable to companies with their registered office in Portugal and to branches in Portugal of companies with their registered office abroad, which employ 50 or more employees.
For the purposes of applying the RGPC, "corruption and related offences" are understood to mean the offences of corruption, undue receipt and offer of advantage, embezzlement, unlawful economic participation in a transaction, extortion, abuse of power, misappropriation, influence peddling, laundering or fraud in obtaining or diverting a subsidy, grant or credit as provided for in the Criminal Code.
In turn, the RJPDI is intended to encourage the reporting of (i) breaches of European Union rules or national rules that transpose or implement these rules, (ii) acts or omissions contrary to and detrimental to the financial interests of the European Union and European and national...
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