This post provides a concise overview of the measures taken by the World Bank against corruption and how these measures affect multinational corporations.
France adopted its new Law on Transparency, the Fight against Corruption and Modernization of Economic Life which will bring France’s anti-corruption regime up to the highest European and international standards in its fight against corruption.
The Supreme Court of Canada held that the World Bank Group cannot be compelled to turn over volumes of investigation materials in a Canadian prosecution.
When senior government prosecutors discuss their white collar enforcement priorities, the prosecution of individuals frequently tops their list. However, holding company employees criminally responsible for corporate misconduct is easier said than done.
At the annual “SEC Speaks” conference on February 19, 2016 in Washington, DC, the head of the SEC’s FCPA Unit, Kara Brockmeyer, warned pharmaceutical companies that their industry will be under renewed scrutiny in 2016.
This event will explore the sanctions regimes of development banks, in parallel with those of the U.S. Department of Justice and Securities and Exchange Commission. A panel of experts will share observations on the evolving sanctions landscape and will provide practical guidance to companies in order to avoid unwanted enforcement scrutiny.
On November 1, 2015, several important amendments to the U.S. Sentencing Guidelines became effective. The amendments include changes to the guidelines governing fraud and economic crime that will have a significant impact on the prosecution of individuals for a wide range of conduct. We summarize several of the amendments that could have a significant impact on sentencing and settlement negotiations in FCPA cases.
Holding company employees criminally responsible for corporate misconduct is easier said than done. We analyze why the Justice Department, which routinely concludes multimillion-dollar criminal settlements with the world’s largest corporations, struggles to convict individuals associated with the alleged misconduct?
France’s Finance Minister, Michel Sapin, presented the framework of a bill which would create a new anti-corruption authority and introduce U.S.-style monitorships into French law.
On June 18, the U.S. Justice Department (“DOJ”) announced the results of a nationwide sweep conducted by the Medicare Fraud Strike Force which led to the arrest of more than 240 healthcare providers alleged to be involved in over $700 million in false billings for Medicare services. Earlier in the…