October 25, 2016, Just Anti-Corruption
At least eight companies have self-reported potential Foreign Corrupt Practices Act violations since the US Department of Justice announced its new leniency programme in April, according to an analysis by Just Anti-Corruption.
October 21, 2016, Just Anti-Corruption
In what appears to be a vote of confidence for the FCPA pilot programme, which was introduced in April to encourage companies to confess foreign bribery violations, a second section of the DOJ has now implemented its own version of the self-reporting scheme.
October 20, 2016, Just Anti-Corruption
Top officials from the US Department of Justice and Securities and Exchange Commission have spoken positively of the ISO's standard for anti-bribery compliance. But since its release in October defence lawyers have voiced scepticism about the standard's importance.
October 18, 2016, Just Anti-Corruption
The US Securities and Exchange Commission’s policy of pursuing admissions from defendants in egregious cases is compromised by the threat of parallel criminal charges, lawyers have told Just Anti-Corruption.
October 11, 2016, Just Anti-Corruption
Pursuing foreign nationals at the top of the corporate hierarchy is notoriously difficult in Foreign Corrupt Practices Act cases. But a September ruling by a Manhattan judge may have made it easier, in some instances, for the US Securities and Exchange Commission.
October 04, 2016, Just Anti-Corruption
Companies seeking a declination should factor in that their wrongdoing could be exposed to the public by the US Department of Justice, say lawyers, as the lines between a traditional declination and a non-prosecution agreement blur.
October 03, 2016, Just Anti-Corruption
A Manhattan federal judge on 30 September also ruled that the US Securities and Exchange Commission has jurisdiction to bring FCPA charges against overseas employees who help prepare falsified SEC filings.
September 30, 2016, Just Anti-Corruption
Just Anti-Corruption publishes a transcript of the Securities and Exchange Commission's conference call with journalists about the Foreign Corrupt Practices Act administrative proceedings against hedge fund Och-Ziff Capital Management Group.
September 29, 2016, Just Anti-Corruption
The US Department of Justice on 29 September issued declinations to two companies, imposing disgorgement for the first time under the FCPA pilot programme in the absence of a parallel action by its civil enforcement partner, the Securities and Exchange Commission.
September 21, 2016, Just Anti-Corruption
The Foreign Corrupt Practices Act unit of the US Department of Justice’s criminal division fraud section has hired three prosecutors, including a former Jones Day associate based in Brazil.
September 13, 2016, Just Anti-Corruption
Just Anti-Corruption is launching FCPA Counsel Tracker, which details who has been advising companies on DOJ declinations, past settlements and current investigations, as well as who's been taking up monitorships.
September 12, 2016, Just Anti-Corruption
The US Department of Justice has argued it is “normal and regular” to prosecute foreign nationals who commit misconduct abroad by applying conspirator and accomplice liability under US criminal law, in a brief filed 9 September.