Weatherford International agreed Tuesday to pay $152.6 million to the DOJ and SEC for FCPA offenses in the Middle East and Africa and violation of the Iraq oil-for-food program.
The Switzerland-based company also paid $100 million for export controls violations under the International Emergency Economic Powers Act and the Trading with the Enemy Act.… Continue Reading
Readers of the FCPA Blog are entitled to a 20 percent discount when subscribing to Oil Patch Laws.
The online database of oil and gas rules, regulations, and legislation covers 186 countries — making it the biggest resource of its kind.… Continue Reading
The Anti-Corruption Ethics and Compliance Handbook for Business is ready, and its authors at the Organisation for Economic Co-operation and Development (OECD), The United Nations Office on Drugs and Crime (UNODC) and the World Bank hope it provides helpful guidance in the global effort to eradicate corrupt practices.… Continue Reading
The people at the DOJ in charge of FCPA enforcement get help from the Egmont Group, they say.… Continue Reading
On December 4, 2013, The George Washington University Law School will host a tribute to Mark Pieth for his 25 years serving as Chairman of the OECD Working Group on Bribery in International Business Transactions.… Continue Reading