Topic: Corporate Crime

JD Supra Corporate Brief: OSHA Inspections, Sustainable Buildings, Religious Discrimination, Export Controls

On the go? Get the JD Supra Morning Brief delivered straight to your inbox, every weekday morning. Sign up here. “We’re from OSHA and we’re here to visit your workplace…” (King & Spalding) Here’s your 52-page guide to developing, investing in, and managing sustainable buildings around the world… (DLA Piper) New guidance from the EEOC… Read more »

JD Supra Corporate Brief: SEC Violations, Payday Lending, NFL Licensing, Cloud Computing

Heading back to the office on a Monday morning can be tough. That’s where coffee and the JD Supra Corporate Brief come in… It’s getting harder and harder to “neither admit nor deny” SEC violations… (Holland & Knight) The SEC has a new partner in corporate crime-fighting… (DLA Piper) New York is mounting an aggressive… Read more »

JD Supra Corporate Brief: Compliance Programs, Pipeline Permitting, Unpaid Internships, Criminal Antitrust

How to get a head start on the day’s business law news at the click of a button? Sign up for email delivery of the JD Supra Corporate Brief: Want to know how your company’s internal compliance reporting compares to that of corporations around the globe? Read this 19-page report… (NAVEX Global) Hey look –… Read more »

What Stands Out In the SEC & DOJ’s New Guide to FCPA Compliance?

“Although much of the guidance walks through established DOJ and SEC positions and practices, the [Resource Guide to the U.S. Foreign Corrupt Practices Act] does, through the use of real-world examples and detailed hypotheticals, provide more concrete direction than was previously available.” (Foley Hoag) Earlier this week, the Securities and Exchange Commission and the Department… Read more »

DOJ and SEC Publish Guide to the Foreign Corrupt Practices Act (FCPA)

The long-awaited federal guide to the Foreign Corrupt Practices Act is out. Published by the Criminal Division of the U.S. Department of Justice and the Enforcement Division of the U.S. Securities and Exchange Commission, the 130-page guide provides an in-depth look at both the law and the way that government officials are enforcing it. See for… Read more »

New UK Bribery Act Rules Reveal Tougher Stance on Corruption

On October 9, the UK’s Serious Fraud Office (SFO) published new guidelines for the UK Bribery Act, setting the stage for significantly stricter enforcement of the anti-bribery law. Raymond Sweigart of law firm Pillsbury explains: “The SFO now says that it will prosecute under the Bribery Act based primarily on the statute itself rather than… Read more »

Ignorance Is Not Bliss: Feds Hold Executives Criminally Liable for Corporate Misdeeds

[Link: Responsible Corporate Officer Doctrine: Executives Who Allow Misdeeds Face Career-Ending Consequences – LXBN] Corporate executives who fail to notice – and put an end to – criminal misdeeds that happen on their watch can pay a high price for their lack of oversight. Case in point: Purdue Pharma’s fraudulent marketing of OxyContin, which led not… Read more »

What Wal-Mart’s Mexican Bribery Scandal Means to Corporate Compliance & the FCPA

(Wal-Mart Bribery Allegations: Initial Impressions by Thomas Fox) In a stunning revelation this weekend, the New York Times reported on millions of dollars in bribes spent by Wal-Mart de Mexico – and covered up by Wal-Mart’s board and senior management – to support the unit’s rapid expansion to market dominance in Mexico. If the allegations… Read more »

5 Characteristics of an Effective Corporate Compliance Program

Any corporation whose business extends beyond United States borders must have a comprehensive and effective compliance program to address the rules of the Foreign Corrupt Practices Act – and, for that matter, any additional corruption regulations in countries where they conduct business. But a good program is more than a set of rules, it’s a… Read more »

Corruption Roundup: Biomet, UK and US Regulations, Sanctions in Burma and Europe, & More

For your reference, here is a roundup of recent law firm advisories covering corruption-related happenings around the globe. Ranging from Burma sanctions to Biomet settlements, see: Fools Rush In: Social and Environmental Due Diligence in Burma (Foley Hoag LLP) “… companies should consider how they would conduct business responsibly in Burma, were the investment-related sanctions to… Read more »

Compliance Roundup: “Instrumentality” under the FCPA, Corruption Due Diligence, & More

Two recent updates on corruption and bribery provide important perspective on the challenges for multinationals in complying with the US Foreign Corrupt Practices Act and the UK Bribery Act.  From law firm Warner, Norcross & Judd, a warning for companies doing business outside the United States that US officials – and the courts – continue… Read more »

Corporate Crime Roundup: Price-Fixing, Antitrust Violations, Insider Trading, Tax Fraud & More

For reference, a roundup of recent legal commentary and analysis: Five Major Freight Forwarding Companies Debarred by U.S. Government (King & Spalding) “Five freight forwarders who have performed significant work for the U.S. Government and Government contractors have been added to the Excluded Party List System (EPLS), meaning that they have been debarred from U.S.… Read more »