Regulatory: A hard landing

Embraer’s settlement of foreign bribery charges jointly with local and US authorities opened a new front in the fight against corruption – and earned investigators in both countries plaudits as a model of cross-border cooperation

Regulatory: A hard landing
Fernanda Fauze, Hercules Celescuekci, Esther Flesch, Camila Steinhoff, Silvia Almeida, Jean-Paul Theroux and Leopoldo Pagotto

It was never going to be a soft landing for a company that has soared so high for so long in the estimations of many within Brazil’s legal and business communities. After a six-year investigation involving the analysis of hundreds of thousands of documents and interviews with more than 100 employees and third parties, Embraer announced in October last year it had reached a settlement with investigators in the US and Brazil into allegations it bribed foreign officials to win contracts.



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