2010 proved to be another record year for Foreign Corrupt Practices Act (FCPA) enforcement actions by the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC), the two agencies tasked with enforcing the FCPA.
The German car maker Daimler AG is the owner of several Community designs for its Mercedes S-Class cars, namely for the standard model.
Unsurprisingly the "Siemens" case still has a significant impact on the compliance world in the German market.
Vietnam is deemed one of the more corrupt countries in the world, ranking 120 out of 180 countries on Transparency International's 2009 index.
The Article 29 Working Party has designed a “toolbox” composed of a framework, a checklist, and frequently asked questions (FAQs) to assist multinational companies with the implementation of binding corporate rules.
The following has been reported in the newspapers referred to below.
German car manufacturer Daimler AG has announced that it has launched a global initiative focused on hybrid technology which aims at drastically cutting the emissions and fuel consumption of commercial vehicles.
Australian mining company BHP Billiton has made a takeover bid for its UK rival Rio Tinto, valuing the latter at 96bn excluding debt.
Germany’s state-owned bank KfW has appointed US investment bank Merrill Lynch to look “closely at the option of selling” its 37.8 stake in German-based bank IKB.