An Excerpt From: K&L Gates Global Government Solutions® 2012: Annual Outlook - Foreign Corrupt Practices Act/Anti-corruption: What to Expect in 2012

more+
less-

Over the past decade, and particularly in the last five years, law enforcement actions against international corruption have become commonplace. What is noteworthy as we enter 2012 is precisely how routine the activity in this area has become. The U.S. Department of Justice (DOJ) suffered a couple of embarrassing setbacks in its enforcement efforts, although these are unlikely to have any longterm impact on the program. Efforts to amend and scale back the Foreign Corrupt Practices Act (FCPA or the Act) have gained support both in Congress and some sectors of the business community, but even if adopted these will do little to alter the fundamental features of the enforcement landscape. The fact is that anti corruption law enforcement achieved a certain level of stability, and we can expect, for 2012 and beyond, essentially more of the same—a regular flow of cases against both companies and individuals, primarily but not exclusively by U.S. authorities, many with penalties in the tens or hundreds of millions of dollars and, at least for an unlucky few, prison terms of multiple years....

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Published In: Administrative Agency Updates, Business Organization Updates, General Business Updates, Criminal Law Updates, International Trade Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© K&L Gates LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »