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Corporate Gifts

Fisher Phillips

Beware Vendors Bearing Gifts: The 5 Things That Should Be in Your Gifts and Entertainment Policy

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It’s the holiday season and your company’s purchasing manager received a bottle of wine from a longtime vendor. You think, “No problem, it’s just a bottle of wine.” A week later you learn that it was actually an extremely...more

NAVEX

Avoiding Bribery and Corruption: A Gift Giving Guide

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Gift-giving is common in many workplaces, especially during the holiday season. While giving your coworker or customer a present can help to build business relationships, not all forms of gift-giving happen with such...more

Thomas Fox - Compliance Evangelist

A Primer on Gifts and Business Entertainment

If one were to reflect upon the providing of gifts and business entertainment to foreign governmental officials, one might reasonably conclude that after 40 years of the FCPA, companies might follow its prescriptions...more

Dechert LLP

UK Life Sciences and Healthcare Newsletter: Life Sciences: What's new in France? The new French anti-gift regulation is live since...

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Since October 1, 2020, healthcare companies have been required to implement the new French anti-gift legal framework, as substantially strengthened by the Ordinance No. 2017-49 dated January 19, 2017....more

Thomas Fox - Compliance Evangelist

I Believe in Father Christmas and Internal Controls for Gifts in the Holiday Season

We continue our Christmas entertainment-themed week by going in a different direction and focusing solely on music today. Greg Lake is best remembered as the guitarist for the prog rock trio, Emerson, Lake and Palmer. While...more

Bricker Graydon LLP

Foreign gift and contract reporting: Tuition paid by foreign source applies

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As we rapidly approach the New Year, higher education institutions should ensure they have met their foreign gift and contract reporting requirements. Institutions are required by Section 117 of the Higher Education Act to...more

Nossaman LLP

Compliance Notes – Vol. 1, Issue 23

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Welcome to Compliance Notes from Nossaman’s Government Relations & Regulation Group – a periodic digest of the headlines, statutory and regulatory changes and court cases involving campaign finance, lobbying compliance,...more

Jones Day

French Anti-Corruption Agency Publishes its Practical Guide on Corporate Gifts and Entertainment Policies

Jones Day on

Companies should identify and, where appropriate, manage risk associated with gifts and entertainment by incorporating a clear policy into their overall corporate compliance strategy. On September 11, 2020, the French...more

Farrell Fritz, P.C.

Should Business Corporations Be More Charitable?

Farrell Fritz, P.C. on

Today’s post briefly explores whether the term “corporate charity” is an oxymoron. It also tries to provide a framework for evaluating whether certain “charitable” activities should be undertaken by a business corporation. It...more

Harris Beach PLLC

Businesses Seek Clarity Regarding Gift-Giving in Aftermath of COVID-19

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Can businesses provide charitable donations to government agencies in support of COVID-19 emergency relief? In the wake of the COVID-19 outbreak, many corporations, businesses, industry groups and not-for-profit...more

Wilson Sonsini Goodrich & Rosati

Telefônica Brasil Case Reinforces Risks of Gifts and Hospitality Involving Foreign Officials

On May 9, 2019, Telefônica Brasil agreed to pay a US$4.13 million civil fine to settle U.S. Securities and Exchange Commission charges for violations of the internal accounting controls and recordkeeping provisions of the...more

Thomas Fox - Compliance Evangelist

Scrooge and Gift Giving Over the Holidays

Based upon the language of the Foreign Corrupt Practices Act (FCPA), 2012 FCPA Guidance, FCPA enforcement actions and relevant Opinion Releases, and allowing for inflation over the past 40 years, it would appear reasonable...more

Skadden, Arps, Slate, Meagher & Flom LLP

Post-Election Issues (Inaugurations, Transitions, and Special Elections)

Now that the 2018 midterm elections are over, we must contend with legal issues that arise from activities related to federal, state and local inaugural and transition committees, as well as recounts and runoff elections. As...more

Skadden, Arps, Slate, Meagher & Flom LLP

MSRB Notes Compliance Risks of Issuer-Solicited Charitable Donations

Recently, the Municipal Securities Rulemaking Board (MSRB) noted in its quarterly compliance newsletter dated June 8, 2018 that it has “compliance concerns” regarding issuer-solicited charitable donations. The MSRB’s...more

Thomas Fox - Compliance Evangelist

A Merry (compliance ) Christmas

Ed. Note-Jim McGrath was a great friend and a trusted colleague who passed away in 2014. As a tribute to McGrath and each year for Christmas, I submit for your enjoyment, the below post which originally appeared on McGrath’s...more

Thomas Fox - Compliance Evangelist

I Believe in Father Christmas and Internal Controls for Gifts in the Holiday Season (UPDATED)

In considering the effectiveness of controls, you must always keep in mind the most frequently used method for defeating an internal control, which is driven by a dollar amount criteria, is splitting the item into multiple...more

K2 Integrity

When the Well-Intentioned Holiday Gift Crosses the Line

K2 Integrity on

Sending the wrong gift to the wrong person could leave a company facing bribery charges. During the holiday season, we naturally want to acknowledge and thank our clients and vendors. Today, however, with stricter...more

Foley & Lardner LLP

Time to Think About Holiday Bonuses

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Halloween has passed and we are now squarely approaching the holiday season. While this time of year brings many good things, it can also bring unwanted headaches for employers wanting to spread some “holiday cheer,”...more

Foley & Lardner LLP

So You Want to Give Your Employee a Bonus?

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There are many reasons employers give bonuses to employees. Bonuses are a motivator. They effectively reward past contributions. Bonuses also allow employers to provide additional compensation to the workforce on a one-time...more

Foley & Lardner LLP

Diwali: An Opportune Time for an Anti-Corruption Compliance Reminder

Foley & Lardner LLP on

This year, India celebrates Diwali on October 19, 2017. “The Festival of Lights,” as Diwali (or Deepavli) is commonly called, is celebrated across India with great aplomb, joy and, of course, delicious sweets. Diwali...more

Thomas Fox - Compliance Evangelist

I Believe in Father Christmas and Internal Controls for Gifts in the Holiday Season

Rock and roll heaven got another power player this week as Greg Lake died on December 7th. He was one-third of the greatest prog rock trio Emerson, Lake & Palmer (aka ELP). With apologies to Patrick Hays and all you...more

Bradley Arant Boult Cummings LLP

Alabama Ethics Commission Update

The Alabama Ethics Commission (the “Commission”) held a regularly scheduled meeting on October 5, 2016. At the meeting, the Commission formally extended the comment period for two significant advisory opinions affecting...more

Cozen O'Connor

MSRB Rule G-20: Recent Amendments Become Effective on May 6, 2016

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On November 6, 2015, the U.S. Securities and Exchange Commission (SEC) approved amendments by the Municipal Securities Rulemaking Board (MSRB) to MSRB Rule G-20 regarding gifts, gratuities and non-cash compensation. The...more

Cooley LLP

Blog: A Holiday Present from the Third Circuit? The Court of Appeals Uphols a Secured Lender’s “Gift” to General Unsecured...

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What better time than the holiday season to discuss “gifting” in the context of chapter 11 cases. “Gifting” commonly refers to the situation where a senior creditor pays (or allocates a portion of its collateral for the...more

Thomas Fox - Compliance Evangelist

Booking a Meeting? In Venezuela It May Cost You a Rolex

First it was Petrobras but it certainly did not take long for the second shoe to drop for the other corrupt national energy company in Latin America, the Venezuelan national oil company Petróleos de Venezuela, also known as...more

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