Warnings from compliance and human resources didn’t stop senior Deutsche Bank employees from hiring relatives of foreign officials, the SEC said in a $16 million FCPA settlement with the financial institution.
Prosecutors have secured more guilty pleas in the Justice Department’s investigation into bribery at Venezuela’s state-owned oil company.
GIR has updated its FCPA Counsel Tracker, which details who’s working on the latest investigations, settlements and monitorships.
A team with experience in World Bank cases has been picked ahead of major firms to monitor Russian telecoms company Mobile TeleSystems.
A federal judge in Connecticut has said that Lawrence Hoskins must still face trial despite the years-long delays in his case.
The medical device maker Misonix announced that the Justice Department has dropped its probe into the company’s business in China.
In today’s news round-up, a Chilean airline’s monitorship reaches the finish line, the bribery trial of a former Alstom employee faces further delays, and a Brazilian request for cooperation in the US hits a dead end.
Colombia’s national airline has become the latest company in the aviation industry to report possible foreign bribery violations.
The DOJ’s criminal division has rejigged its fraud section management team, including the appointment of an acting FCPA unit chief as Dan Kahn is promoted.
Foreign Corrupt Practices Act enforcers and an FBI supervisor discussed their work during a wide-ranging panel discussion on 25 July.
Former prosecutors say it’s no accident that a procession of FCPA cases in recent years has been filed in Brooklyn.
A former Alstom executive’s controversial book about his foreign bribery prosecution in the US has become a best-seller in China. His account is packed with tart observations about prosecutors and defence lawyers.