All Anti-Bribery articles – Page 22

  • Blog

    Microsoft offers details into reported corruption probe

    2018-08-24T13:15:00Z

    According to the Wall Street Journal, U.S. authorities are investigating Microsoft over a bribery and corruption matter in Hungary, some details of which the company shared with Compliance Week.

  • Blog

    FCPA inquiry into Güralp Systems Limited ends as SFO investigation continues

    2018-08-24T10:30:00Z

    Consistent with its FCPA Corporate Enforcement Policy, the Department of Justice has closed its Foreign Corrupt Practices Act inquiry into U.K. company Güralp Systems, without bringing any action, as the maker of seismic testing equipment faces an ongoing parallel investigation by the U.K. Serious Fraud Office.

  • Blog

    Panasonic Avionics names chief compliance officer

    2018-08-20T15:30:00Z

    Four months after resolving Foreign Corrupt Practices Act charges, Panasonic Avionics has appointed a new chief compliance officer.

  • Blog

    A free press and the fight against bribery and corruption

    2018-08-16T13:30:00Z

    One the day newspapers across the country are fighting back against President Trump's insistence that the media is an "enemy," we point out one of the many compliance-related benefits of a free press.

  • Blog

    The role of the controller in business ventures

    2018-08-15T14:45:00Z

    A close collaboration between the compliance function and the controller role portends a more robust picture of enterprise risk, one which encompasses legal, compliance, ethics, internal controls, financial, business, and governance.

  • Blog

    SBM Offshore signs leniency agreement with Brazilian authorities, Petrobras

    2018-07-30T14:30:00Z

    Dutch oil and gas services company SBM Offshore said it has reached a leniency agreement with Brazilian authorities to resolve allegations relating to the Petrobras bribery scandal.

  • Blog

    The compliance role in mergers and acquisitions

    2018-07-26T13:30:00Z

    Deputy Assistant Attorney General Matthew Miner in recent remarks spoke about the Justice Department’s efforts to investigate and stamp out global corruption, particularly concerning mergers and acquisitions. He stressed the valuable role compliance officers play.

  • Blog

    Will a Goldman partner flip?

    2018-07-16T18:30:00Z

    The former head of Goldman Sachs southeast Asia is reportedly in discussions with the Justice Department and will likely plead guilty to federal charges regarding his involvement with the 1MDB corruption scandal. What will his involvement mean for the company, which continues to deny culpability?

  • Blog

    Judge dismisses SEC FCPA case against former Och-Ziff executives

    2018-07-16T10:00:00Z

    A federal judge has dismissed the SEC’s civil lawsuit against two former executives of U.S. fund manager Och-Ziff Capital Management Group, finding that the SEC filed too late to seek damages for violations of the Foreign Corrupt Practices Act.

  • Blog

    Beam Suntory to pay $8M in FCPA case

    2018-07-03T11:45:00Z

    Beam Suntory subsidiary Beam India was charged by the SEC with making improper payments to various government officials to obtain or retain business in the Indian market. Beam was fined $8M, but neither admitted nor denied the the allegations.

  • Blog

    Best practices: Hiring a business sponsor for third-party relationships

    2018-06-10T13:00:00Z

    A significant piece of the compliance regime is overseeing third-party business relationships, and the best way to keep them on track is to employ the business sponsor.

  • Blog

    Legg Mason to pay $64.2M in FCPA case

    2018-06-07T15:30:00Z

    Investment management firm Legg Mason entered a non-prosecution agreement and agreed to pay $64.2 million to resolve an investigation into violations of the Foreign Corrupt Practices Act concerning Legg Mason’s participation in a Libyan bribery scheme, the Department of Justice announced.

  • Blog

    Legg Mason accrues $67M charge to earnings for FCPA matter

    2018-05-31T11:45:00Z

    U.S. investment management firm Legg Mason disclosed in a securities filing on May 30 that it expects to soon complete negotiations with both the U.S. Department of Justice and the SEC to resolve a Foreign Corrupt Practices Act investigation.

  • Blog

    The benefits of tailored compliance training

    2018-05-14T12:45:00Z

    A thoughtful look at focusing compliance training on an employee-by-employee basis could mean the difference in keeping corporate compliance on the right track.

  • Blog

    New Justice Dept. policy encourages coordination

    2018-05-09T12:15:00Z

    The Department of Justice has announced a new policy that encourages coordination internally and with other enforcement agencies when imposing multiple penalties for the same conduct. The move is another step in the Department’s efforts toward greater transparency and consistency in corporate enforcement.

  • Blog

    Vantage Drilling reaches ‘agreement in principle’ with SEC in FCPA case

    2018-05-09T10:15:00Z

    Offshore drilling contractor Vantage Drilling Co. has “reached an agreement in principle” with the Securities and Exchange Commission regarding a previously disclosed investigation into potential violations of the Foreign Corrupt Practices Act.

  • Blog

    Former U.S. Deputy Attorney General Sally Yates rejoins King & Spalding

    2018-05-08T10:45:00Z

    International law firm King & Spalding today announced that former Acting Attorney General and Deputy Attorney General Sally Yates has returned to the firm as a partner on its Special Matters & Government Investigations team.

  • Article

    Lessons to be learned from first declination under new FCPA policy

    2018-05-08T09:30:00Z

    The first declination under the new FCPA Corporate Enforcement Policy is not exactly a home run, but it does offer compliance officers a litany of considerations in addressing FCPA matters of their own.

  • Blog

    Operational excellence for better compliance

    2018-05-05T14:30:00Z

    By focusing on the business process nature of compliance, you can create a more effective compliance regime.

  • Blog

    Autonomy verdict and FCPA defenses

    2018-05-05T14:30:00Z

    A recent case involving Autonomy and Hewlett-Packard shows that it is not the bribe receiver’s conduct but the bribe payor’s conduct that matters.