Fifa is investigating if its code of ethics was broken when the Brazilian Football Federation (CBF) gave away commemorative watches at the World Cup.
The independent ethics committee was informed of a potential breach in June.
The watches were distributed by one of the CBF's own sponsors to various people, including members of Fifa's executive committee.
A Fifa spokesman said: "The independent ethics committee was informed in June 2014 and is dealing with the matter."
Fifa's official timekeeper Hublot formally provided watches as part of its sponsorship contract.
However, ethics committee chairman Michael Garcia said it would not permit them to be given out under its compliance rules. None of those watches were given to any executive members.