2024 saw another strong year of Foreign Corruption Practices Act (FCPA) enforcement actions from the United States Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). There were 15 resolutions with...more
3/28/2025
/ Anti-Corruption ,
Bribery ,
Department of Justice (DOJ) ,
Due Diligence ,
Enforcement Actions ,
Foreign Corrupt Practices Act (FCPA) ,
Internal Controls ,
Meals-Gifts-and Entertainment Rules ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Shell Corporations ,
Third-Party ,
Vendors
Whether part of local customs, relationship building or ways to give thanks, gift giving and hospitality (collectively referred to here as “Hospitality”) is a sizable business, with the global market being estimated at USD839...more
3/24/2025
/ Anti-Bribery ,
Anti-Corruption ,
Bribery ,
Charitable Donations ,
Compliance ,
Corporate Governance ,
Department of Justice (DOJ) ,
Ethics ,
Foreign Corrupt Practices Act (FCPA) ,
Multinationals ,
Policies and Procedures ,
Risk Management
Approximately 90% of U.S. Foreign Corrupt Practices Act (FCPA) enforcement cases from its inception in 1978 have involved third-party intermediaries engaging in bribery schemes.
The reduced level of control or oversight...more
1 75 An investigative journalist implicates the company. An auditor threatens to resign. Premises are raided by enforcement agencies. Not all investigations are created equal and in a recent talk given at the General Counsel...more
Recent SFO Confiscations Linked To Decade-Old Crime -
On 24 November, the Serious Fraud Office (SFO) successfully confiscated £250,000 from Achilleas Kallakis, which was held as a debenture by The Queen’s Club, home of the...more
12/22/2023
/ Criminal Convictions ,
Criminal Proceeds ,
Fraud ,
Jurisdiction ,
Money Laundering ,
Mortgages ,
Offshore Funds ,
Risk Assessment ,
Serious Fraud Office (SFO) ,
Trust Funds ,
UK