The Administrative Department of the Presidency of the Republic (DAPRE) has issued the draft decree that establishes the Minimum Guidelines required for the Transparency and Business Ethics Programs (PTEE).
In addition to addressing measures to prevent corruption, transnational bribery, and fraud, the decree also includes provisions on money laundering and terrorism financing, which contrasts with the current regulations of the PTEE issued by superintendencies, municipalities, and other authorities.
A notable aspect of the decree is its focus on regulating lobbying, which entails the requirement for maintaining records of meetings and expenses, as well as protocols for interactions with public officials. Additionally, it establishes guidelines to prevent unfair competition, collusion, and contractual breaches.
Furthermore, it addresses the management of conflicts of interest, the receipt of gifts, and expenses related to travel and entertainment. Moreover, it mandates reporting political financing to the Transparency Secretariat.
The project will be open to comments until May 21, 2024. Subsequently, authorities will have one year to issue or update sectoral guidelines for PTEE, adapting them to the specific needs of their supervisees.
