fcpa

Innospec Gets Hit on Both Sides of the Atlantic

Last month (see here) Innospec, Inc. disclosed that it accrued $40.2 million for potential settlement of corruption investigations on both sides of the Atlantic. Yesterday, on both sides of the Atlantic, it was announced that Innospec agreed to resolve these enforcement actions by, among other things, paying $40.2 million in combined fines and penalties. How's that for an accurate ...

Nexus Technologies Inc. et al. – Part I

Unfortunately, the FCPA enforcement action against Nexus Technologies Inc., a Philadelphia-based export company ("Nexus"), Nam Nguyen (Nexus's President and Owner), and his siblings and fellow Nexus employees, Kim Nguyen and An Nguyen came to an end yesterday.

Benchmarking FCPA Compliance

Mike Koehler discusses the recent release by the OECD of "the most comprehensive guidance ever provided to companies and business organizations by an international organization" on internal controls, ethics and compliance programs to combat bribery.