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The Anticorruption Blog Blog

Articles: 1-10 of 145

False Claims Act Recoveries Back On The Rise

USA - January 21 2020 After a dip in the 2018 fiscal year, False Claims Act (FCA) settlements and judgments are back and climbing. The Department of Justice (DOJ) recently…

Recent South African Publication on Non-Profit Organizations and Financial Crimes

South Africa - January 13 2020 South Africa’s Financial Intelligence Centre (FIC) recently issued a public compliance communication on anti-money laundering and combating the…

Rare Due Process Reprieve for Company Penalized by OFAC for Violating Ukraine Sanctions

Ukraine, USA - January 8 2020 Following a ruling issued last week by a federal judge in Texas, ExxonMobil Corporation (“ExxonMobil”) will not have to pay a previously issued…

Mexico Issues New Asset Forfeiture Law and Creates Special Forfeiture Unit

Mexico - January 2 2020 On August 9, 2019, Mexican President Andrés Manuel López Obrador passed legislation that added corruption to the catalogue of criminal conduct subject…

Congress Seeks Reform of Red Notice Abuse

Global - November 24 2019 A Red Notice allows for detention of an international fugitive. But the practice has been criticized for abuse. In response, a bipartisan group of…

OFAC Sanctions the Gupta Family for Bribery, Corruption and Misappropriation of South African State Assets

USA - November 20 2019 In an earlier post, here, we examined the Global Magnitsky Human Rights Accountability Act (“GloMag”), which was formally implemented by an Executive…

SEC Expands Jurisdiction to Sanctions Violations

USA - November 18 2019 The Securities and Exchange Commission (“SEC”) recently penalized a public company for violating U.S. economic sanctions. The violation cited the…

United Arab Emirates Financial Centers Enhance Economic Security and Business Viability

United Arab Emirates - November 13 2019 In an earlier post, here, we examined Law No. 20 of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organizations…

New Antitrust Strike Force Focuses on Government Contracts

USA - November 11 2019 A new strike force of federal and state investigators is targeting antitrust violations in government procurement. The strike force consists of…

So You Think Tailored FCPA Training Does Not Matter? - Think Again

USA - October 31 2019 Ask the bank that just paid the SEC more than $ 6 million for failing to adequately train its Asia Pacific Region (APAC) personnel on antibribery with…