March 07, 2017 Third Party
March 01, 2017 DOJ guidance, FCPA, third-party compliance
Earlier this year, the Fraud Section of the Department of Justice’s (DOJ) Criminal Division surprised compliance officers with guidance on how regulators measure the effectiveness of third-party compliance programs. The release of the Evaluation Corporate Compliance Programs guidance aims to clear up confusion regarding what regulators look for when assessing corporate compliance programs during investigations.
November 07, 2016 DOJ, FCPA
September 07, 2016 ABAC, ISO
June 07, 2016 ABAC, Whistleblower
April 20, 2016 ABAC, Panama Papers
How do corrupt government officials hide billions in illicit payments? Often, they turn to the murky world of offshore banking. However, that may soon change with the release of the Panama Papers, which consist of 11.5 million documents leaked from Mossack Fonseca, a Panama-based law firm that specializes in managing money in offshore accounts.
April 07, 2016 DOJ, FCPA
For companies that are undecided as to whether they should self-disclose the existence of a bribery scheme that violates the Foreign Corrupt Practices Act (FCPA), the U.S. Department of Justice (DOJ) has now provided an incentive in the form of a one-year pilot program. This offers lower fines and the promise of prosecutorial leniency for those companies that voluntarily admit wrongdoing.
October 07, 2015 FCPA
What happens if the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) believe that an industry sector is rife with bribery and corruption? Many companies within the retail, oil and gas, and pharmaceutical sectors know the answer. They have all recently experienced an “industry sweep”.
September 01, 2015
When it comes to soccer, the United States is usually several steps behind the rest of the world. The drafts and matches central to the rhythm of life in many countries have traditionally been an afterthought at best in the U.S. This made it all the more of a shock when it was the United States that put world football’s most powerful officials in handcuffs.