Effective September 1, 2025, the UK’s Failure to Prevent Fraud offense will go into effect as part of the UK’s Economic Crime and Corporate Transparency Act 2023 (the ECCTA). The law significantly expands corporate liability...more
4/23/2025
/ Anti-Corruption ,
Compliance ,
Compliance Dates ,
Corporate Liability ,
Enforcement Priorities ,
EU ,
Failure to Prevent ,
Foreign Corrupt Practices Act (FCPA) ,
Fraud ,
New Legislation ,
Risk Management ,
UK
The Corporate Transparency Act (CTA), which came into effect January 1, 2024, requires that “reporting companies” doing business in the United States disclose information about their beneficial owners to the Financial Crimes...more
Two recent court Foreign Corrupt Practices Act (FCPA) cases, a significant amendment to the Foreign Extortion Prevention Act (FEPA), and the new pilot whistleblower rewards program show that Anti-Corruption Enforcement...more
8/22/2024
/ Anti-Corruption ,
Bribery ,
Compliance ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Enforcement Priorities ,
Federal Pilot Programs ,
FEPA ,
Foreign Corrupt Practices Act (FCPA) ,
Foreign Official ,
Government Investigations ,
Latin America ,
South Africa ,
Whistleblower Awards ,
Whistleblowers
On June 26, 2024, the U.S. Supreme Court issued an opinion in a public corruption case that could have a lasting impact on how the U.S. Government prosecutes corruption and procurement fraud cases involving state and local...more
7/5/2024
/ Bribery ,
Compliance ,
Corruption ,
Criminal Convictions ,
Criminal Prosecution ,
Illegal Gratuities ,
Political Corruption ,
Public Corruption ,
Public Officials ,
Public Procurement Policies ,
SCOTUS ,
Snyder v United States ,
Split of Authority ,
Tips
President Biden recently signed a foreign aid bill that will have significant implications for United States sanctions enforcement, specifically Section 206 of the International Emergency Economic Powers Act (50 U.S.C. 1705)...more
5/2/2024
/ Biden Administration ,
Bureau of Industry and Security (BIS) ,
Compliance ,
Department of Justice (DOJ) ,
Directorate of Defense Trade Controls (DDTC) ,
DOJ Strike Force ,
Economic Sanctions ,
Enforcement ,
FinCEN ,
Foreign Corrupt Practices Act (FCPA) ,
International Emergency Economic Powers Act (IEEPA) ,
Office of Foreign Assets Control (OFAC) ,
Statute of Limitations ,
Trading with the Enemy Act
Last week, senior Department of Justice leadership announced new policies and programs intended to further its “carrot and sticks” approach to corporate criminal enforcement, which has borne fruit with twice as many voluntary...more
3/14/2024
/ Artificial Intelligence ,
CFTC ,
Compliance ,
Corporate Crimes ,
Corporate Misconduct ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
FinCEN ,
Pilot Programs ,
Securities and Exchange Commission (SEC) ,
Whistleblower Awards ,
Whistleblowers ,
White Collar Crimes
Recently, Womble Bond Dickinson held its First Annual Health Care Fraud Symposium, a webinar designed to discuss critical healthcare fraud topics. WBD Partner Joe Whitley moderated a discussion with WBD attorneys Luke Cass,...more
4/13/2023
/ Antitrust Investigations ,
Antitrust Provisions ,
Compliance ,
Coronavirus/COVID-19 ,
Criminal Investigations ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Enforcement ,
Enforcement Priorities ,
False Claims Act (FCA) ,
Federal Sentencing Guidelines ,
Fraud ,
Genetic Testing ,
Health Care Providers ,
Healthcare Fraud ,
Kickbacks ,
Law Enforcement ,
Regulatory Agencies ,
Safe Harbors ,
Telehealth ,
White Collar Crimes
On February 22, 2023, the U.S. Department of Justice (DOJ) announced and implemented a new Voluntary Self-Disclosure Policy specific to the 93 United States Attorney’s Offices (USAOs) throughout the nation. Before...more
The Department of Justice (DOJ) has been touting revisions to its corporate criminal enforcement policies and signaling increased action for nearly a year. Yesterday, Deputy Attorney General Lisa O. Monaco formally announced...more
9/19/2022
/ Compliance ,
Corporate Counsel ,
Corporate Culture ,
Corporate Misconduct ,
Department of Justice (DOJ) ,
Enforcement Priorities ,
Foreign Corrupt Practices Act (FCPA) ,
Individual Accountability ,
Personal Liability ,
Voluntary Disclosure ,
White Collar Crimes
On March 3, 2022, at the 37th Annual American Bar Association Criminal Justice Section National Institute on White Collar Crime in San Francisco, Attorney General Merrick B. Garland emphasized that “the prosecution of...more
3/11/2022
/ Antitrust Violations ,
CARES Act ,
Centers for Medicare & Medicaid Services (CMS) ,
CFTC ,
Compliance ,
Corporate Misconduct ,
Criminal Investigations ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Enforcement Priorities ,
Environmental Crimes ,
Foreign Corrupt Practices Act (FCPA) ,
IRS ,
Merrick Garland ,
Personal Liability ,
Securities Fraud ,
White Collar Crimes
Takeaways:
..In recent remarks, top DOJ officials stated that DOJ will “surge resources” and “redouble efforts” for corporate enforcement.
..Areas of particular concern include Foreign Corrupt Practices Act,...more
11/4/2021
/ Anti-Corruption ,
Benchmark Pricing ,
Biden Administration ,
Chief Compliance Officers ,
Compliance ,
Cooperation ,
Cybersecurity ,
Department of Justice (DOJ) ,
Energy Sector ,
Enforcement ,
Federal Contractors ,
Financial Fraud ,
Foreign Corrupt Practices Act (FCPA) ,
Fraud ,
Government Investigations ,
Price Manipulation ,
White Collar Crimes