The decision to self-disclose could have implications beyond the amount a company can receive off a criminal penalty, the acting head of the foreign bribery unit said on 2 May.
Companies must consider whether there is an ethical obligation to provide employees with legal representation in light of the DOJ’s refocus on individual liability, a Baker & McKenzie lawyer said on 2 May.
3 May 2016 – The DOJ looks into KBR and FMC Technologies in connection with the Unaoil corruption scandal, and hedge fund Och-Ziff sets aside US$200 million for an ongoing foreign bribery investigation.
Debevoise and Plimpton has announced that it has promoted two counsel to partner in the firm's white-collar and regulatory defence group in New York.
Canada’s highest court has ruled that the World Bank does not have to turn over documents from a corruption investigation into construction company SNC-Lavalin to defendants fighting related foreign bribery charges.
Wells Fargo’s anti-bribery chief, who recently called on the DOJ to offer clearer guidance on how it evaluates corporate compliance programmes, has said businesses will need to ratchet up their internal controls as a result of the FCPA pilot programme.
The Justice Department has notified Key Energy Services, a Houston-based oilfield services company, that it will not prosecute the company over allegations of foreign bribery.
29 April 2016 - US and Uzbek authorities negotiate over which country has the rights to assets tied to the VimpelCom bribery scandal, and a corporate executive reveals the cost of an FCPA subpoena by the US government – in a law firm commercial.
The Justice Department should rarely request companies to hold off on interviewing employees in internal investigations, Assistant Attorney General Leslie Caldwell has said.
Deputy Assistant Attorney General Sung-Hee Suh has shed light on how the Justice Department will require companies that secure declinations to disgorge ill-gotten profits in foreign bribery cases.
Just Anti-Corruption interviews Jennifer Arlen, the long-time NYU Law School professor who some have credited as influencing recent DOJ policy on white-collar and corporate enforcement.
The Justice Department has left unanswered questions about how it will require companies seeking declinations to disgorge ill-gotten gains, as part of its new policy outlined in the Foreign Corrupt Practices Act pilot programme.
US courts disagree whether Dodd-Frank protects individuals from retaliation if they only report misconduct to their employer. But in Congress, there are moves afoot to end the uncertainty and provide internal whistleblowers with unambiguous protection.
The Justice Department has clarified what it means when it says companies must deconflict their internal investigations from the government’s parallel probe to receive full cooperation credit, following a request from Just Anti-Corruption.
The criminal division’s new FCPA pilot programme is a scaled back version of a more ambitious proposal that was rejected last year by Deputy Attorney General Sally Yates, according to people with knowledge of the matter.
The DOJ’s latest attempt to improve transparency around its charging decisions is constrained by the fact that promising too much to companies could box prosecutors in, lawyers say.