Financial Crime World

Law on Bribery and Corruption in Argentina

I can provide you with a general overview of the law on bribery and corruption in Argentina. However, please note that the specific details may be subject to change, and it’s always best to consult with a local attorney for the most up-to-date information.

Bribery of Foreign Public Officials

  • Bribery of foreign public officials is punishable by imprisonment of one to six years and special disqualification for life from the exercise of any public office.
  • The law applies to anyone who offers or promises to give something of value to a foreign official in exchange for an improper advantage.

Bribery of Domestic Public Officials

  • Bribery of domestic public officials is punishable under the Criminal Code, with penalties ranging from one to six years imprisonment and disqualification for life.
  • The law applies to anyone who offers or gives something of value to a domestic official in exchange for an improper advantage.

Private Commercial Bribery

  • Corruption between private parties is not punishable under the Criminal Code.
  • However, there is an exception that makes it illegal to bribe employees or officials of financial institutions.

Right to Bail and Defences

  • There is no right to bail in bribery cases.
  • There are no defences, safe harbours, or exemptions for bribery.