Tag Archives: FCPA

ILN Firm of the Month – Torres Law – Customs & Global Trade!

The ILN is proud to announce our latest firm of the month, Torres Law – Customs & Global Trade!

Torres Law is a practice based in Dallas, Texas and Washington, DC with focus on international trade and customs law. Torres Law’s practice areas include customs, exports, economic sanctions, FCPA and industrial security.

Read full article

Foreign Corrupt Practices Act (FCPA) Compliance and Defense: The DOJ’s 3-step plan to increase FCPA enforcement

The Department of Justice’s (“DOJ”) Fraud Section of the Criminal Division recently unveiled its Foreign Corrupt Practices Act (FCPA) Enforcement Plan and Guidance Memorandum (“Guidance”) outlining the three actions it will take to step up its efforts to detect and prosecute both individuals and companies for FCPA violations, including an enforcement pilot program.

Step 1: More robust resources

The Guidance states the DOJ is enhancing its investigative and prosecutorial resources by more than 50 percent by adding 10 more prosecutors to its ranks. The FBI also established three new squads of special agents devoted exclusively to FCPA investigations and prosecutions. The Guidance Memorandum warns that these new hires “should send a message to wrongdoers that FCPA violations that might have gone uncovered in the past are now more likely to come to light.”

Read full article
ILN Today Post

THE FOREIGN CORRUPT PRACTICES ACT: A PRIMER FOR ENERGY EXECUTIVES

In this article, Beirne, Maynard & Parsons partner Scott Marrs and associate Nicholas Stepp explore the key provisions of the Foreign Corrupt Practices Act (FCPA). In doing so, they discuss how energy executives and board members should familiarize themselves with these provisions, given the FCPA’s extended scope across jurisdictions where bribery is often an accepted component of “doing business”. To read the entire article, please view the below pdf.

PDF FileThe Foreign Corrupt Practices Act: A Primer for Energy Executives

Read full article
ILN Today Post

Bridging Compliance under the FCPA and the BCCA

This guest post is from Eloy Rizzo, a senior attorney with the law firm KLA – Koury Lopes Advogados in São Paulo, Brazil. Mr. Rizzo focuses on anti-corruption and compliance issues, as well as on complex litigation. Mr. Rizzo currently interns at Miller & Chevalier’s anticorruption team in Washington, DC. – See more at: http://fcpamericas.com/english/anti-corruption-compliance/bridging-compliance-fcpa-bcca/#sthash.LKXAGMIQ.dpuf More…

Read full article
ILN Today Post

International Litigation Strategies and Practice

Stradling Shareholder and Chair of the White Collar Criminal Defense practice, Jason de Bretteville, co-authored a chapter in the Section of International Law publication of the American Bar Association. The chapter, “The Foreign Corrupt Practices Act – An Overview,” can be seen in the American Bar Association’s (“ABA”) International Litigation Strategies and Practice, International Practitioner’s Deskbook Series.

Read full article

Charles W. Pautsch quoted in CFO article on Wal-Mart FCPA issues

Arnstein & Lehr Attorney Charles W. Pautsch

Charles Pautsch

Arnstein & Lehr Milwaukee Partner Charles W. Pautsch was quoted in a CFO.com article on December 6, titled “Wal-Mart: Tip of Bribery Iceberg.” The article discusses bribery investigations in Mexico and India of Wal-Mart’s purported involvement in corruption. Mr. Pautsch comments that Wal-Mart is the “the tip of the iceberg” and mentions that enforcement of the Foreign Corrupt Practices Act was strong in the early 1980s, then waned for a while, but lately has been picking up substantially. Mr. Pautsch also comments that as companies seek to do business in more places in the world, corruption will become an even bigger problem.

To read the article in full, please click here.

Read full article

White Collar and Government Compliance Alert: Foreign Corrupt Practices Act: Feds issue long-awaited guidance for enforceement and compliance

In what the government describes as an “unprecedented undertaking to provide the public with detailed information about FCPA enforcement approach and priorities,” the Department of Justice and Securities Enforcement Commission have issued written guidance for parties covered by the Foreign Corrupt Practices Act (FCPA). The 120-page document, titled A Resource Guide to the U.S. Foreign Corrupt Practices Act (Guide), provides a wide range of guidance and authoritative sources and is significantly more comprehensive than its six-page predecessor, The Lay Person’s Guide to the FCPA. The Guide covers a variety of topics, including: 

Read full article
ILN Today Post

Addressing Potential FCPA Risks in the Pharma and Life Sciences Industries

Navigant cordially invites you to join our Navigant Exchange roundtable discussion with guest speaker Stuart M. Gerson Esq., former Acting Attorney General of the United States, on the risks and challenges associated with Foreign Corrupt Practices Act (FCPA) in the Pharmaceutical and Life Sciences industries.

Today, the Pharma and Life Sciences industries face unique challenges in meeting FCPA compliance. In industries which are highly regulated and, in many cases, operated by government entities, companies are looking to Congress and regulatory agencies for additional guidance on the FCPA.  More…

Read full article

Corporate Breakout Session – Anti-Corruption Laws – the FCPA

Yesterday, I shared with you this post re-capping Alishan Naqvee’s introduction to the topic of anti-corruption at our 2011 Annual Meeting.  To follow up on that, we’ll review Stuart Gerson’s (Epstein Becker & Green) comments during the session regarding the Foreign Corrupt Practices Act (FCPA) and its implications for those in the room.

Stuart provided the attendees with both an article he and a colleague authored on the FCPA, and an overview that their healthcare group had developed.  Stuart said that as Alishan had mentioned, both the FCPA and the new UK Anti-Bribery law are extraterritorial – but not only are they applied overseas throughout the world, but they are also applied against non-US citizens, as long as the commerce that they’re supporting is in the stream of interstate commerce within the US.

Read full article

Corporate Breakout Session – A Re-Cap

During our  2011 Annual Meeting in Lisbon, we had specialty group breakout sessions – and lucky for you, our corporate session was recorded! The group had a roundtable discussion dedicated to the topic of “Anti-Corruption Laws and Navigating Client Businesses in Foreign Territories,” which was moderated by Alishan Naqvee of LexCounsel Lawyers in India.

Alishan began with some slides to aid the discussion, saying that there is an organization in Japan called Control Risks, who conducted a survey of about 50 companies in Brazil, France, Germany, Hong Kong, the Netherlands, the UK and the US.  All of them said that corruption is a major cost for international business, and at the same time, an increasing number of companies in the world, while they are not absolutely aware of the anti-corruption laws in their jurisdictions, most of their business is governed by them, even when doing business in other jurisdictions.

Read full article