Brazil's stringent new anti-bribery law, the "Clean Companies Act," takes effect on January 29, 2014 and will, for the first time, subject Brazilian
Recent deferred prosecution agreements and settlements remind us of the need to carefully consider disclosure issues relating to the Foreign Corrupt Practices Act (FCPA).
With the London 2012 Olympics fast-approaching, many corporations are wondering whether they can provide corporate hospitality packages to their current and prospective customers, suppliers and business partners without the risk of violating the UK Bribery Act.
On June 14, 2011, the Crime, Terrorism and Homeland Security Subcommittee of the House Judiciary Committee, held a hearing on the Foreign Corrupt Practices Act ("FCPA").
In the past two months, judges in the Central District of California denied defendants' pre-trial motions to dismiss counts in indictments charging defendants with violations of the Foreign Corrupt Practices Act ("FCPA") in two separate cases.
Worldwide action against business corruption has come a long way since the adoption of the U.S. Foreign Corrupt Practices Act 1977 (the “FCPA”) and the enactment of the Organization for Economic Co-operation and De - velop ment Convention on Combating Bribery in 1997 (the “OECD Con - vention”).
Multinational corporations face three types of risk on compliance related matters: 1) the risks that they know, 2) the risks that they know they don't know, and 3) the risks that they don't know they don't know.
Anecdotally, the Securities and Exchange Commission is receiving one or two "high value" whistleblower tips and complaints a day since the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) statute was signed into law in July 2010.