The U.S. Department of Justice’s (“DOJ”) Criminal Division announced its new Corporate Whistleblower Awards Pilot Program on August 1, 2024. The Pilot Program incentivizes whistleblowers to provide information to the DOJ so...more
8/8/2024
/ CFTC ,
Compliance ,
Corporate Crimes ,
Corporate Misconduct ,
Department of Justice (DOJ) ,
Federal Pilot Programs ,
Foreign Corrupt Practices Act (FCPA) ,
Pilot Programs ,
Securities and Exchange Commission (SEC) ,
Self-Reporting ,
Voluntary Disclosure ,
Whistleblower Awards ,
Whistleblowers ,
White Collar Crimes
Even at companies with separate legal and compliance departments, Department of Justice-enforced compliance is a key concern for in-house counsel. Those pressures only will increase in the near future and are rapidly...more
1/19/2023
/ C-Suite Executives ,
Certification Requirements ,
Chief Compliance Officers ,
Compliance ,
Compliance Monitoring ,
Corporate Crimes ,
Corporate Culture ,
Corporate Misconduct ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Enforcement Priorities ,
Foreign Corrupt Practices Act (FCPA) ,
Monaco Memo ,
White Collar Crimes
On June 3 of this year, the Biden Administration made plain its commitment to fighting corruption around the world, releasing a document identifying the fight against corruption “as an economic and national security priority”...more
8/25/2021
/ Anti-Corruption ,
Biden Administration ,
Blocked Person ,
Compliance ,
Corporate Transparency Act ,
Cross-Border Transactions ,
Enforcement ,
FinCEN ,
Foreign Corrupt Practices Act (FCPA) ,
Foreign Entities ,
Foreign Official ,
Internal Controls ,
Latin America ,
National Security ,
NDAA ,
Office of Foreign Assets Control (OFAC) ,
Publicly-Traded Companies ,
SDN List ,
White Collar Crimes
Highlights
- The ruling limits types of conduct that can be charged under the Computer Fraud and Abuse Act (CFAA).
- The ruling provides much-needed guidance for federal prosecutors but makes it more difficult to...more
Federal agencies have powerful new tools to combat money laundering in the form of the Anti-Money Laundering Act of 2020 (AMLA). The AMLA expands corporate reporting requirements, gives federal investigators greater power to...more
On October 2 and 3, Womble Bond Dickinson participated in the always successful AHFA Regulatory Summit. This annual event is attended by leaders in the furniture industry as the presenters review significant legal and...more
Your business may have been victim to the latest ransomware attack, or it may be caught in the next wave.
On May 12, 2017, the “WannaCry” ransomware attack compromised over 70,000 organizations in nearly 100...more
The FCPA Pilot Program was introduced on April 5, 2016 as a one year experiment that sought to ‘motivate companies to voluntarily self-disclose FCPA-related misconduct, fully cooperate with the Fraud Section and …remediate...more
As their methods evolve, cybercriminals are increasingly targeting regional manufacturing businesses with sophisticated and potentially costly attacks. A recent ransomware attack on a mid-sized manufacturer in the Southeast...more
After receiving significant criticism on the Department of Justice’s failure to prosecute corporate executives involved in the financial crisis in 2008, Sally Yates, the Deputy Attorney General issued a seven page memo...more
9/16/2015
/ C-Suite Executives ,
Cooperation ,
Corporate Fraud ,
Corporate Veil ,
Department of Justice (DOJ) ,
Government Investigations ,
Individual Accountability ,
Internal Investigations ,
Personal Liability ,
Policy Statement ,
Professional Misconduct ,
White Collar Crimes
On June 26, 2015 at the ABA National Institute on Bitcoin and Other Digital Currencies, Assistant Attorney General Leslie Caldwell sent a targeted warning to financial institutions that deal with Bitcoin and other virtual...more