Companies operating in Latin America have faced evolving anti-corruption laws in the last few years, with Chile, at the dawn of 2023, implementing an update to legislation that was the first in the region. International companies are often required to deal with the intersection of global regulations. Sometimes actual enforcement by Latin American national governments has trailed behind corporations’ own activity in audits and investigations. This article distills insights offered by Guillermo Jorge, a partner at Bruchou & Funes De Rioja, in a webinar hosted by TRACE, on the current state of anti-corruption regulation and enforcement in several Latin American countries, and how multinational corporations working there can navigate anti-corruption risk exposure. See “Conducting Effective Third-Party Due Diligence in Latin America” (Mar. 1, 2023).