Anti-Corruption Update: Change on the Horizon

Sheppard Mullin Richter & Hampton LLP
Contact

2010 brought an explosion of anti-bribery and anti-corruption activity around the globe. In the United States, the U.S. Department of Justice and Securities and Exchange Commission stepped-up enforcment of the Foreign Corrupt Practices Act, recording nearly $2 billion in fines and penalties. Congress and the White House also entered the fray, enacting the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Dodd-Frank Act includes provisions to reward "whistleblowers" who come forward with information regarding their employers' potential violations of the FCPA. Across the Atlantic, the United Kingdom enacted the Bribery Act of 2010, a law that will create a new and complex layer of anti-corruption regulations for companies with any connections to the U.K.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Sheppard Mullin Richter & Hampton LLP | Attorney Advertising

Written by:

Sheppard Mullin Richter & Hampton LLP
Contact
more
less

Sheppard Mullin Richter & Hampton LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.