Lights Out On Another Week
Fridays are a mellow and reflective time here at the FCPA Blog. Feet on the desk, head tilted back, wondering what we’ll eat over the weekend since the spouse took eggs benedict off our menu.… Continue Reading
Fridays are a mellow and reflective time here at the FCPA Blog. Feet on the desk, head tilted back, wondering what we’ll eat over the weekend since the spouse took eggs benedict off our menu.… Continue Reading
The Justice Department broke civil service laws and the country’s heart by “deselecting” qualified young applicants linked to Democrats and liberal groups (“weed out the wackos and wack jobs”). It’s the saddest news we’ve heard from the District in a long time — maybe since the plumbers taped the door locks at the Watergate Complex.… Continue Reading
Halliburton’s messy battle to acquire British firm Expro via a hostile takeover has been big news in the global business press, with Halliburton up one day and down the next, but fighting on and on.… Continue Reading
The rule of law in the United States got some badly needed help last week from an unlikely source — 33 former United States Attorneys. A letter they sent to Senator Patrick Leahy (D.,VT),… Continue Reading
Not all Foreign Corrupt Practices Act violations make the news. Here are three reasons why:
Reason #1. Ignorance. Some companies don’t discover their own FCPA problems. It sounds improbable, but it happens.… Continue Reading
How do you know if your company has an effective compliance program? The answer is crucial. If rogue employees violate the Foreign Corrupt Practices Act, having an effective compliance program becomes a factor in whether the company will face a criminal enforcement action and, if it does, whether it will be rewarded with reduced penalties.… Continue Reading
The biggest public corruption story on the planet may be Russia — the entire country, where red tape and bribery are scaring away foreign investors and wearing down ordinary citizens. Reform can’t come soon enough, so we’re glad that President Dmitry Medvedev is at least talking about the problem.… Continue Reading
The report published by the United Nations Development Program about public bribery in Asia that we talked about yesterday, Tackling Corruption, Transforming Lives, examines corruption in utilities, the courts, police departments, land offices and hospitals, among others.… Continue Reading
Public corruption isn’t a victimless crime, and whatever helps dispel the false notion that it is, is welcome in this space. Which brings us to . . . the United Nations.… Continue Reading
This week, Wright Medical Group became the latest orthopedic device maker to disclose a government investigation into its overseas sales practices. The company’s Form 8-K said its principal operating subsidiary, Wright Medical Technology, Inc.,… Continue Reading
What’s a typical workday at the FCPA Blog look like? You know the routine. Up by noon, pop over to the neighborhood brasserie for a crème bouffée or two (pictured left), then feed the pigeons and goldfish.… Continue Reading
More than a month ago — practically forever in the time-warped blogosphere — we mentioned that a reader had shared with us a soon-to-be published paper about facilitating payments. Well, the paper is now available.… Continue Reading