In order to provide an overview for busy in-house counsel and compliance professionals, we summarize below some of the most important international anti-corruption developments in the past month with links to primary resources. October saw another SEC-only corporate FCPA settlement, an explanation from DOJ as to why theapparent decrease in volume of FCPA criminal actions does not mean anti-corruption is no longer an enforcement priority, an important ruling in an FCPA whistleblower case, and a variety of other anti -corruption developments in the U.S. and abroad. Here is our October 2015 Top Ten list:
1.SEC Reaches $14 Million Settlement with Bristol-Myers Squibb Relating to Alleged Failures to Maintain Effective Controls Over Chinese Joint Venture…
2.Recent DOJ and SEC Commentary Highlights Enforcement Priorities…
3.Former President of United Nations (UN) General Assembly Charged in Connection with Bribery Scheme…
4.Corporate Deferred Prosecution Agreements (DPAs) Once Again Face Judicial Scrutiny…
5.IAP Worldwide Services Former Vice-President Sentenced…
6.Bio-Rad’s Former General Counsel’s FCPA-Related Whistleblower Lawsuit against Company Allowed to Continue…
7.African Development Bank Group (AfDB)Reaches Settlement with SNC-Lavalin in Connection with Projects in Uganda and Mozambique…
8.U.S. Investigates Alleged Widespread Corruption at Venezuela’s State-Owned Oil Company…
9.Discovery Dispute Continues in FCPA Prosecution of Former Alstom Executive…
10.PRC Update…
See the full Update Memo:
http://www.mofo.jp/clientalert151110TopTenOctober.pdf
The Board Director Training Institute (BDTI) is a "public interest" nonprofit in Japan dedicated to training about directorship, corporate governance, and related management techniques. It is certified by the Japanese government to conduct these activities as a regulated nonprofit. Read a summary about BDTI here, and see a menu of its services for both corporations and investors here.