The FCPA pertains to cash as well as non-monetary gifts such as entertainment and trips.
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Criminal fines were the most common outcome of an FCPA investigation in all three sectors.
Heretofore, we have not generally interpreted FCPA or other anti-corruption enforcement regimens so geopolitically.
In an era of renewed FCPA enforcement, that kind of ignorance is no longer bliss.
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Statoil was found in violation of the Foreign Corrupt Practices Act (FCPA) by the D.
Next on the must-read list is the FCPA Digest maintained by Shearman and Sterling.
The FCPA was designed to combat a specific wrong: payments made to foreign public officials.
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The US Chamber of Commerce, a business lobby, says the FCPA also deters foreign mergers and acquisitions.
Most of the largest fines under the FCPA have been levied in the past two years (see chart).
But rather than take the FCPA off the books, the U.S. government pushed other countries to adopt similar standards.
But this case was brought by the Eastern District, with no apparent involvement of the FCPA Unit at all.
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Foreign employees who work on sovereign-wealth funds would be considered government officials and covered by the FCPA, legal experts said.
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In October, pharmaceutical giants Merck, AstraZeneca, Bristol-Myers Squibb, and GlaxoSmithKline acknowledged that they are being investigated for FCPA violations.
That law, commonly referred to as FCPA, was the principal basis for the U.S. opening its initial investigation of News Corp.
Because corporations settle FCPA cases as fast as they can, there are few rulings to set the limits of the law.
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And since few cases go to trial, judges have given little guidance as to what the FCPA's bewildering text actually means.
At this blog tracking Foreign Corrupt Practices Act news, Richard Cassin expects Avon to make the top-ten list of FCPA settlements.
Required due diligence on all agents or independent contractors and required written contracts with export, economic sanctions, and FCPA prohibitions and certifications.
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The payment is relatively small for an FCPA civil case, which may reflect that the alleged bribes, while pervasive, weren't very large.
In 2012, the Justice Department announced 13 FCPA-related settlements or court charges.
Let me give you examples in two areas: FCPA compliance and eDiscovery.
The government itself dismissed bribery charges it brought against David Pinkerton, a former AIG managing director who had been charged with FCPA-related charges.
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The fact that alleged FCPA violations loom large in the suit against H-P and Hurd exponentially underscores the risks and burdens facing corporate leaders.
On the one hand, as Robertson Park advises, the targeting of subsidiaries in the LIBOR cases has substantial precedent in prior FCPA matters.
As with FCPA, such voluntarism shows maximum institutional commitment and can thereby serve to soften whatever prosecutorial blows the government may need to deliver.
Last week, Congressman Jim Sensenbrenner, a Wisconsin Republican, said that he would introduce a bill to reform the Foreign Corrupt Practices Act (FCPA).
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In fact, they were being led into an undercover operation in an attempt to catch a violation of the Foreign Corrupt Practices Act (FCPA).
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The data revealed that oil and gas companies were the most likely to be prosecuted under the FCPA, accounting for 18 percent of all prosecutions.
If anything, one may wonder why the FCPA has not generated more debate and inspired more legislative challenges since it was first passed in 1977.
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In all, 22 people were charged in the case that fell apart for the government and it was a huge setback for FCPA enforcement.
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