In a case surprisingly ignored by the mainstream media, considering the matter and the parties at stake, France’s Supreme Court recently determined that double jeopardy isn’t a viable defense to prevent the prosecution of a company that had entered into a plea agreement for charges tried in another country.… Continue Reading
During the first calendar quarter of 2018, there was a dramatic increase in enforcement actions globally involving allegations of bribery against heads of state. What’s behind the increase?
A report from TRACE International last month showed that 30 countries conducted 266 bribery investigations of foreign officials, while 82 countries conducted 218 bribery investigations of domestic officials.… Continue Reading
In mid-December EU lawmakers adopted amendments to the region’s 4th AML Directive that will bring more transparency and enforcement to the corporate world.
The intention is noble: to crack down on money-laundering, tax evasion, and other corporate corruption, as put on display by release of the Panama Papers in 2016.… Continue Reading
It’s typical for issuers to warn about corruption risks in Russia and China, and parts of Africa. But Hong Kong?
So, does Legacy Education Alliance Inc. know something the rest of us don’t?… Continue Reading
During the first calendar of 2018, six companies disclosed new FCPA-related investigations, and investigations ended for five companies.
The six new investigations involve companies from the following industries:
- Defense Technology
- Security and Inspection Systems
- Engineering and Construction
Studies that use statistical analysis to examine various FCPA outcomes are becoming more common. In one such paper entitled “Punishing the Penitent: Disproportionate Fines in Recent FCPA Enforcements and Suggested Improvements,” the author attempted to determine whether companies who voluntarily disclosed FCPA transgressions received a benefit in their fine calculation.… Continue Reading
On October 8, 2017, Kobe Steel Group admitted to falsifying data about the strength and durability of aluminum and copper parts used by manufacturers of automobiles, bullet trains, and aircraft.
Initially presented as a breach occurring at four of its Japanese factories during 2017, the admission of wrongdoing would soon turn into a much more severe affair. … Continue Reading
Location: San Rafael, California USA
Description: The purpose of the Director, Compliance Counsel, Global Compliance & Ethics position is to assist the Vice President, Deputy Compliance Officer in implementing, updating, monitoring, and enforcing the compliance policies and processes of BioMarin Pharmaceutical Inc.… Continue Reading