Earlier this week, when the DOJ and SEC charged Garth Peterson with FCPA violations, both agencies publicly announced that they had declined to prosecute or charge his employer, Morgan Stanley, because of its strong compliance program.… Continue Reading
Since the Walmart saga became news earlier this week, well-meaning people have been asking the question:
Why do we have the FCPA?
Bribery is a way of life in lots of places, they say.… Continue Reading
From the China Compliance Digest (Issue No. 12: April 23, 2012):
In response to Chinese premier Wen Jiabao’s call for government officials to curtail unnecessary spending, media both within and outside China are devoting an unprecedented amount of attention to the mainland’s many ultra-expensive luxury goods.… Continue Reading