The former chief financial officer of Siemens S.A. – Argentina pleaded guilty Wednesday in federal court in New York City to conspiring to pay tens of millions of dollars in bribes to Argentina government officials in connection with a $1 billion contract to create national identity cards.… Continue Reading
As we have said so many times before, the first step in addressing corruption is convincing the world that systemic corruption is not an immutable feature of human society.
That we can take effective steps to reduce it; that it should become the exception rather than the rule.… Continue Reading
The Treasury Department’s Office of Foreign Assets Control (OFAC) has amended the Cuba sanctions regulations for the second time this year. … Continue Reading
Hyperdynamics Corporation Tuesday settled alleged FCPA books and records and internal controls offenses by agreeing to pay the SEC $75,000.
The Houston-based oil and gas company received subpoenas from the SEC and DOJ in 2013 requesting documents relating to its business in the African country of Guinea.… Continue Reading
Brazil has been rocked by a series of scandals stemming from corruption in procurement, from Petrobras to the World Cup.
Please join a panel of distinguished Brazilian lawyers to discuss legal efforts to counter this wave of corruption, including important reforms in debarment, bid protests, criminal law and compliance.… Continue Reading
Credit Suisse Securities (USA) LLC agreed Monday to pay $4.25 million for submitting deficient information to the SEC over a two-year period about trades by customers, commonly referred to as “blue sheet data.”… Continue Reading
Andy Spalding’s post On soccer and social change: It’s not about the sport was nicely articulated and I couldn’t agree more.
The FIFA football scandal transcends geographies and socio-economic barriers.… Continue Reading
So far, the federal government and 28 U.S. states have opened investigations into VW’s emission test cheating. Other countries investigating VW or its former CEO include South Korea, Switzerland, France, Italy, and Germany.… Continue Reading
The Bill and Melinda Gates Foundation Trust filed a lawsuit in New York Thursday against Brazil’s state-owned oil giant and its auditor, alleging the loss of millions of dollars from the ongoing graft scandal.… Continue Reading
The Securities and Exchange Commission Monday charged Tokyo-based conglomerate Hitachi, Ltd. with violating the Foreign Corrupt Practices Act when it inaccurately recorded improper payments to South Africa’s ruling political party in connection with contracts to build two multi-billion dollar power plants.… Continue Reading