On February 20, TechnipFMC, a London-based oil and gas services company, reported in a filing with the SEC that it has set aside $280 million as an estimate for the settlement of investigations by U.S., Brazilian, and French law enforcement authorities regarding potential violations of anticorruption laws in several countries. The company’s predecessor, Technip SA, previously paid $338 million to settle FCPA charges brought by the DOJ and the SEC in 2010.
- How-to guide How-to guide: How to protect your company from violations of the United States Foreign Corrupt Practices Act (USA)
- How-to guide How-to guide: How to protect your organization from third party liability under the FCPA (USA)
- Checklist Checklist: Charitable and political donations and gifts, travel, entertainment compliance (USA)