Gunmaker Smith & Wesson has agreed to pay $2 million to settle with the Securities and Exchange Commission over allegations the company violated the Foreign Corrupt Practices Act. The SEC said employees and representatives of the company,...Show More Summary
With convictions secured in Britain for bribing public officials, there is already enough evidence for U.S. authorities to pursue News Corp. under the Foreign Corrupt Practices Act.
Categories: Commentary, Public Sector, Supplier Management, Supplier Risk and Compliance Management Tags: Incendiary Tidbits This is the second in a two-part series on the Foreign Corrupt Practices Act, Part 1 of which we published yesterday. Show More Summary
Categories: Commentary, Public Sector, Supplier Management, Supplier Risk and Compliance Management Tags: Incendiary Tidbits Does the following sound like you? You have clients or prospects in the public sector overseas. You do business...Show More Summary
Reid accused the GOP mega donors of violating the Foreign Corrupt Practices Act.
The Department of Justice official overseeing enforcement of the Foreign Corrupt Practices Act is leaving government to join Morrison & Foerster LLP as a partner, the firm announced Monday.
Charles Duross, who led the Justice Department's unit that enforces the Foreign Corrupt Practices Act, is joinng the law firm of Morrison & Foerster as the head of its global anti-corruption practice.
While you may not have had to deal with the Foreign Corrupt Practices Act ("FCPA") at your firm, now that you are in-house counsel, complying with the FCPA can be your day-today reality. While the prohibitions of the FCPA regarding payment/gifts to foreign government officials, or government owned/funded entity, as......
Mexico and Brazil have received special attention from the U.S. Department of Justice since October as the agency seeks to gain strong partners in its fight against transnational bribery through the Foreign Corrupt Practices Act, Deputy Attorney General James Cole...
By Don Dion: According to the New York Times, JPMorgan Chase (JPM), headed by chairman, president and CEO James "Jamie" Dimon, clandestinely hired Lily Chang at $75,000 a month to help improve the bank's clout in China. Who Is Lily Chang? The story has a fascinating element to it that would thrill a Hollywood script writer. Show More Summary
Charles Duross, the deputy chief of the U.S. Justice Department's Foreign Corrupt Practices Act Unit, delivered an ominous message Monday to in-house lawyers at the Association of Corporate Counsel's Annual Meeting in Los Angeles: Failure to report potential bribery is...
What's wrong with a little bribery in the name of pursuing profit?
The Polish Central Anti-Corruption Bureau and U.S. agencies are investigating potential violations of the Foreign Corrupt Practices Act by an employee of an indirect subsidiary of Hewlett-Packard in Poland, the company said in a filing Monday. Show More Summary
Juniper Networks shares fell 5.6 percent on Friday to $20.92 after the vendor revealed that it is under investigation for possibly violating U.S. Foreign Corrupt Practices Act.
Labour parliament member Chris Bryant says Murdoch's News Corp. should be processed under the Foreign Corrupt Practices Act for bribing public officials abroad. read more
The Justice Department sometimes drops Foreign Corrupt Practices Act cases without bringing charges, even when prosecutors find potential violations of the law. So how does a company obtain what Nathaniel Edmonds calls "the real golden carrot?"
A retired US diplomat and expert on the US Foreign Corrupt Practices Act was banned from entering Russia earlier this month, the New York Times said on Sunday.
Foreign Corrupt Practices Act: Lawyers and former federal prosecutors say deferred and nonprosecution agreements are becoming more common as companies realize cooperation and compliance with FCPA regulations could lead to reduced fines and spare them criminal actions. Amanda Bronstad has...
On Ralph Lauren’s agreement with prosecutors to settle charges under the Foreign Corrupt Practices Act that its agents improperly bribed officials in Argentina to allow goods to move through trade channels: “Disgorge is a curious description. The $593,000 is the amount they paid out in bribes, not the amount they took in. Disgorge usually refers [...]Show More Summary