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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2023-11-08T16:54:00
A new Foreign Corrupt Practices Act (FCPA) review by the Department of Justice (DOJ) offers an example of when stipends paid to foreign government personnel would not be considered a violation of the anti-bribery provisions of the law.
The opinion procedure release by the DOJ, dated Oct. 25, addressed the request of a U.S.-based provider of training events and logistical support. The company contacted the DOJ regarding a contract it had with a U.S. government agency to provide logistical support for foreign government personnel attending training events established for and utilized by multiple U.S. government entities.
The logistical support included stipends for the foreign officials intended to pay for meals not served during the event, along with driving mileage costs for certain participants.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2023-10-26T19:08:00Z By Kyle Brasseur
The Department of Justice is sticking with David Fuhr as permanent head of its Foreign Corrupt Practices Act Unit.
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A Foreign Corrupt Practices Act review published by the Department of Justice offers further clarity around when the agency would determine expenses paid on behalf of a foreign official to be deemed “reasonable and bona fide.”
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Becton Dickinson medical device company will pay $175 million for “repeatedly” misleading investors about its Alaris infusion pump, a product the company knew was flawed and was sold without the required patient-safety approvals, the Securities and Exchange Commission said.
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