I began this series by noting that with the FCPA reform movement now in abeyance, it’s a good time to venture out. Stretch our thinking a bit, push the boundaries. Let’s reassess the problems we’re trying to solve, and how best to solve them.… Continue Reading
Maharashtra Congress MP Vijay Darda and his brother Rajendra Darda, the Education Minister for Maharashtra, were among those named.… Continue Reading
Reporting companies that might be using conflict minerals, according to the SEC, have to perform due diligence that ‘must conform to a nationally or internationally recognized due diligence framework, such as the due diligence guidance approved by the Organisation for Economic Co-operation and Development (OECD).’… Continue Reading
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As companies adjust to the new whistleblowing regimes under the Dodd-Frank Act, what changes do you recommend that they make to their existing compliance programs to ensure they are adequately prepared to manage whistleblowers and/or CFTC inquiries in response to whistleblower complaints?… Continue Reading
Transparency International (TI) released its eighth annual progress report on the enforcement of the OECD Anti-Bribery Convention today.
The progress report represents an independent assessment of the status of OECD enforcement, based on reports from TI national chapters in 37 OECD Convention countries.… Continue Reading
In editorials directly addressing Bureau of Internal Revenue Commissioner Kim Henares, two Philippines-based journalists urged the government to exercise “extreme caution” before entertaining a contract bid from Chinese laser technology company Huagong Tech Company Ltd.… Continue Reading
This is Part II of a four-part interview with Vincente Martinez, Director of the CFTC Whistleblower Office (WBO). Click here for Part I.
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As you are aware, many companies have expressed concerns about the lack of an internal reporting requirement for whistleblowers.… Continue Reading
It’s not an FCPA case.
But it is the first bounty paid to a whistleblower by the SEC under the 2010 Dodd-Frank Act.
The SEC said last month it will pay about $50,000 to a whistleblower who helped ‘stop a multi-million dollar fraud.’… Continue Reading
In 2010, the Dodd-Frank Act created whistleblower bounty programs in both the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). While readers of this blog are familiar with the SEC’s program because of its impact on FCPA enforcement, they may not be as familiar with the CFTC’s program. … Continue Reading