Subject to Inquiry

Subject to Inquiry

THE LATEST ON GOVERNMENT INQUIRIES AND ENFORCEMENT ACTIONS

Government Investigations and White Collar Litigation Group

Category Archives: Anti-Bribery and Corruption

Subscribe to Anti-Bribery and Corruption RSS Feed
Anti-Bribery and Corruption, Enforcement and Prosecution Policy and Trends, Fraud, Deception and False Claims

US Securities and Exchange Commission Annual Report on the Dodd-Frank Whistleblower Program 2011

We, at the BriberyLibary, follow this new program with great interest as we are of the view that financial incentives and compensation designed to encourage people with knowledge and evidence to come forward to blow the whistle on corporate corruption (and other legal wrongs) should be seriously considered in the UK without delay… Continue Reading
Anti-Bribery and Corruption

Facilitation payments: Australia consults on proposed ban

Section 70.4 of the Criminal Code sets out a defence for facilitation payments, which is inconsistent with the international trend towards the prohibition of such payments and as highlighted in the consultation paper, puts Australian companies at greater risk of being found liable for acting outside the law e.g. where the operations of Australian companies also fall within the scope of the UK Bribery Act.… Continue Reading
Anti-Bribery and Corruption, Enforcement and Prosecution Policy and Trends, Financial Institution Regulation

Innospec Ltd: Former executives charged with fraud and corruption offences

Following the news that a former Business Unit Director of Innospec Ltd, David Turner, appeared before Westminster Magistrates' Court on Tuesday, charged with conspiring to make corrupt payments to public officials in Indonesia and Iraq, the Serious Fraud Office ("SFO") announced yesterday that two further Innospec executives have now been charged with associated corruption offences.… Continue Reading
Anti-Bribery and Corruption, Enforcement and Prosecution Policy and Trends

Corruption Investigation Into EADS/GPT – Will The Government Block This One too?

So one might take the view that "here we are again" five years later more allegations of corruption; involving a Saudi Royal again; the only difference is it is a UK subsidiary of EADS/GPT, on this occasion, and not British Aerospace. Presumably the Cameron government is faced with the same sort of dilemma, with similar pressure from the Saudi government.… Continue Reading
Anti-Bribery and Corruption

Diageo FCPA Settlement Waves Cautionary Flag

The July 27, 2011 Foreign Corrupt Practices Act (“FCPA”) settlement between UK-based liquor giant Diageo plc and the U.S. Securities and Exchange Commission (“SEC”) was fairly modest by FCPA standards.  The case was resolved through an administrative Cease-and-Desist Order requiring just $16.37 million in penalties, disgorgement and prejudgment interest, no retention of an independent monitor… Continue Reading
Anti-Bribery and Corruption, Compliance, Enforcement and Prosecution Policy and Trends

Identifying and Resolving Fraud and Corruption Cases in the US and the UK: PART III (Rewards for Whistleblowers)

In our last blog, we addressed the importance - and benefits - of voluntarily disclosing instances of fraud or corruption to appropriate US and/or UK regulators. Of course, corporates do not always have the opportunity to identify and voluntarily disclose instances of fraud or corruption before an enterprising insider blows the whistle on some potential violation.… Continue Reading
Anti-Bribery and Corruption, Compliance, Enforcement and Prosecution Policy and Trends

Identifying and Resolving Fraud and Corruption Cases in the US and the UK: PART II (Self Reporting )

The SEC and DOJ have long encouraged corporates to voluntarily disclose possible violations of the law. And both the SEC and DOJ offer lesser sanctions - even amnesty in certain cases - for corporates that timely self report suspected violations. Both the DOJ and the SEC stress that the key to receiving credit for self reporting is promptness. Corporates are expected to timely report potential violations identified through internal reporting or compliance programs or an internal investigation.… Continue Reading

We use cookies to enhance your experience of our website. By continuing to use this website, you agree to the use of these cookies. For more information and to learn how you can change your cookie settings, please see our policy.

Agree