A number of key trends and priorities in international anti-corruption enforcement emerged last week at the 33rd ACI International Conference on the
On July 25, LATAM Airlines Group S.A. (LATAM), a Chile-based airline, agreed to settle parallel criminal and civil FCPA matters relating to alleged
High-profile reports such as the BBC Panorama’s uncovering of shocking mistreatment of mentally ill patients at the Winterbourne View care-home or this week’s revelations of financial mismanagement at Japanese electronics company Olympus causing a fall in share price by as much as 30 demonstrate the power of whistleblowing and the negative effects a public disclosure can have on a business.
In October 2001, the SEC issued a Report of Investigation and Statement (the “Seaboard Report”) explaining its decision not to take enforcement action against a public company following an investigation for financial statement irregularities.
The SFO warned last week that companies suspected of paying bribes to win work overseas may be forced to hand over their tax records, in the hope that these may yield evidence of such bribes.
Public sector organisations are reminded that the Bribery Act 2010 is now in force.
In affirming bribery and fraud convictions, the 3d U.S. Circuit Court of Appeals discussed the practice of the U.S. attorney for the District of New Jersey of placing language on grand-jury subpoenas to maintain their confidentiality.
The SEC and DOJ have long encouraged corporates to voluntarily disclose possible violations of the law.
Golf 255's creditors petitioned to have it declared bankrupt in late 2006.
As the commercial construction industry continues to struggle, an increasing number of contractors have been turning to the federal government as an important source of work.