DOJ concluded that the company’s proposed payment would not trigger an enforcement action under the FCPA’s anti-bribery provisions because the proposed payment: (1) was not made with corrupt intent and (2) was not made to...more
Brazilian authorities are investigating foreign and local banks for failure to prevent money-laundering transactions that would have led to bribery of officials of Petrobras, Brazil’s state-owned oil company. According to the...more
Corruption and bribery have run rampant throughout Mexico for years. However, recent developments and policy changes of the new administration indicate that the days of doing business through bribery and graft are over....more
6/20/2019
/ Arrest ,
Arrest Warrants ,
Bribery ,
Compliance ,
Construction Contracts ,
Corporate Counsel ,
Corruption ,
Criminal Investigations ,
Criminal Prosecution ,
Energy Sector ,
Government Officials ,
Investors ,
Mexico ,
President Obrador ,
Presidential Elections
The Financial Crimes Enforcement Network (FinCEN) released an advisory on September 20, 2017, to alert financial institutions of widespread public corruption in Venezuela and the methods Venezuelan senior political figures...more
9/28/2017
/ Anti-Money Laundering ,
Banks ,
BSA/AML ,
Corruption ,
Due Diligence ,
Federal Contractors ,
Financial Institutions ,
FinCEN ,
Foreign Official ,
Government Officials ,
Patriot Act ,
Public Officials ,
Suspicious Activity Reports (SARs) ,
Venezuela