The News Corp scandal started with phone hacking in the U.K., and alleged bribes to police there that could have violated U.K. laws and the FCPA.
Now it’s spreading.
From the China Compliance Digest (Issue No. 8: March 26, 2012):
Officials in the southern province of Yunnan announced the approval of regulatory changes designed to stem medical corruption, including the introduction of a blacklist of bribery offenders.… Continue Reading
Next month, Richard Alderman will step down as head of the U.K.’s Serious Fraud Office. During his eventful four-year tenure, Alderman oversaw the introduction of the U.K. Bribery Act. He also waged a successful struggle to prevent the SFO from being absorbed by the U.K.’s… Continue Reading
The Justice Department today filed a motion to dismiss the indictments against the three Africa sting defendants who pleaded guilty.
It asked for dismissal with prejudice of the cases against Jonathan M.… Continue Reading
Nowhere is the difference between Clean Hands and Constructive Engagement more evident than in the central plank of the reform agenda: the good faith compliance defense.
The question is not whether the enforcement agencies might, on occasion, reward companies for compliance — that happens now.… Continue Reading
Biomet Inc. today became the latest medical device maker to settle FCPA offenses.
The Warsaw, Indiana company will pay a criminal fine of $17.3 million in its settlement with the DOJ, and $5.5 million in disgorgement of profits and pre-judgment interest to the SEC.… Continue Reading