On the heels of the news that the Department of Justice prosecuted a dramatically lower number of cases under the Foreign Corrupt Practices Act in…
Here’s Why So Few Corporations Ask for FCPA Guidance, Preferring to Hide Their Misconduct
A lot of executives and corporations have difficulty understanding the Foreign Corrupt Practices Act, and what sorts of conduct, exactly, would be regarded as standing…
Ericsson Breached FCPA Settlement, Says DOJ
On March 2, Ericsson, the Swedish networking and telecommunications company, reported that the Department of Justice (DOJ) has accused the company of violating its 2019…
How to Avoid Taking Bribes, Despite Immense Social Pressure
Bribe demands place tremendous pressure on employees and company compliance controls, testing resolve and exploiting systemic weaknesses. Compliance officers should work to implement proactive policies…
Due Diligence in Emerging Markets Must Look Beyond the Checklist
The standardization of due diligence processes has done much to advance compliance, but at this point it is also increasing risks, argues Katya Lysova in a…
Federal Authorities Are Dropping the Ball on FCPA Enforcement
The level of Foreign Corrupt Practices Act (FCPA) enforcement activity in 2021 was the lowest in a decade. That’s the conclusion of a report from…
The Pandora Papers Shows That We Must Do More to Protect Whistleblowers
The newly released Pandora Papers further highlight the ways in which wealthy and powerful individuals hide money from tax authorities and criminal investigators. In response,…
Sen. Rubio Introduces New Anti-Corruption Bill Aimed at China
U.S. Senator Marco Rubio (R-FL) introduced legislation to modernize the Foreign Corrupt Practices Act (FCPA) by clarifying that the definition of corrupt intent includes actions…