The U.S. Department of Justice (DOJ) recently announced several new policies and programs aimed at incentivizing corporate compliance. These programs underscore the need for companies to investigate, mitigate and resolve...more
It would be a mistake to think that the $2.9 billion settlement Goldman Sachs Group Inc. has agreed to pay in order to resolve allegations of widespread bribes to government officials in Malaysia and the United Arab Emirates...more
Last week, a jury found a former executive of a French multinational company guilty of violating the Foreign Corrupt Practices Act, money laundering, and conspiracy in connection with alleged bribery in Indonesia....more
11/20/2019
/ Aiding and Abetting ,
Corruption ,
Criminal Conspiracy ,
Criminal Convictions ,
Criminal Liability ,
Foreign Corrupt Practices Act (FCPA) ,
Foreign Workers ,
Manufacturers ,
Money Laundering ,
Multinationals ,
Regulatory Violations ,
Subsidiaries ,
White Collar Crimes
A Brief Overview of the FCPA -
The Foreign Corrupt Practices Act (FCPA) is a federal statute that prohibits United States companies and individuals from bribing foreign government officials in order to gain or retain...more
9/7/2018
/ Alstom ,
Appeals ,
Bribery ,
Corruption ,
Criminal Conspiracy ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Extraterritoriality Rules ,
Foreign Corrupt Practices Act (FCPA) ,
Foreign Nationals ,
Foreign Subsidiaries ,
Government Officials ,
Public Contracts ,
Statutory Violations ,
Utilities Sector ,
White Collar Crimes
In September, the U.S. government announced a nearly $1 billion FCPA (Foreign Corrupt Practices Act) settlement with the Swedish telecommunications company Telia. The total monetary payment in this global resolution makes it...more
10/30/2017
/ Anti-Corruption ,
Bribery ,
Corruption ,
Deferred Prosecution Agreements ,
Enforcement Actions ,
Foreign Corrupt Practices Act (FCPA) ,
Manufacturers ,
Regulatory Violations ,
Settlement Agreements ,
Shell Corporations ,
Sweden ,
Telecommunications ,
Uzbekistan ,
White Collar Crimes