[…] — the Racketeer Influenced & Corrupt Organizations Act found at 18 U.S.C. §§1961-68. So what happened to the FCPA? Private parties, as we’ve said before, have no right of action under the FCPA. Only the Department of Justice and the Securities and Exchange Commission can enforce this law. Yet private rights of action under […]
Search Results for: label/Private Right of Action
[…] opposed to public prosecutions) are those started by private individuals or entities not acting on behalf of the police or any other enforcement or prosecuting authority. The right to bring them is long-established and contained in 6(1) of the Prosecution of Offences Act (POA) 1985. As regards scope, private prosecutions can be used for […]
Before I move on to the concluding posts in this series on Collective Action, I’d like to respond to some of the comments which you have made over the last few weeks. In this post I’d like to talk about the role of the World Bank in promoting Collective Action.
Job: Full Professor for Collective, Compliance, and (private sector) Anti-Corruption (IACA – Near Vienna, Austria)
The International Anti-Corruption Academy, located just outside Vienna, Austria, is looking for a Full Professor for Collective Action, Compliance and (private sector) Anti-Corruption.
Dr. Klaus Moosmayer is the Chief Compliance Officer of Siemens AG (Image courtesy of Siemens)The FCPA Blog has been talking about Collective Action and antitrust concerns.
We’ve said before (here and here) that there’s no private right of action under the FCPA. Which means offenses can be prosecuted only by the U.S. Department of Justice or the Securities and Exchange Commission. The DOJ’s Lay Person’s Guide to the FCPA notes, however, that “onduct that violates the antibribery provisions of the […]
In parts 1 and 2 of this series, we introduced the concept of Collective Action and why companies should have a vested interest in using it to fight corruption.
The DOJ alleged in a civil forfeiture complaint Wednesday that officials at Malaysia’s sovereign wealth fund 1MDB and the step son of the Malaysia prime minister diverted more than $3.5 billion from the fund.
In this series I’m making the case that we should now think of freedom from corruption as a universal human right. John Locke, whose political philosophy is the foundation of modern rights thinking, certainly thought of corruption this way. He just called it by a different name. But just as interestingly, diverse thought systems […]
The International Centre for Collective Action (ICCA) at the Basel Institute on Governance is hosting a conference entitled “Collective Action: Evidence, Experience and Impact” on October 20 – 21, 2016 in Basel, Switzerland.