Sentences with phrase «integrity mechanisms designed»
Penalties include potential fines of between 0.1 and 20 per cent of the accountable organization's annual revenues, or, if the entity's revenue is unknown, a fine between R$ 6,000 and R$ 60 million, depending on — among other things — the seriousness of the infraction and whether the organization has internal integrity mechanisms designed to prevent corrupt practices.
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The design elements of such a mechanism should ensure environmental integrity, through the establishment of registries and reserves to avoid double counting and addressing risks of reversals.