Mike Koehler highlights the expected "bribery, yet no bribery" deal between Daimler and the DOJ so that more is understood about the facade of FCPA enforcement, thus increasing the chance that the facade of FCPA enforcement will be exposed and addressed.
This post provides Mike Koehler's latest commentary regarding the most recent updates on FCPA cases involving Daimler, Alstom, and SFO.
Back in active blogging "mode" here on the campus of the Sweet 16 bound Butler Bulldogs after an enjoyable few days in Washington D.C. where I participated in Georgetown Law's Combating Global Corruption Conference.
A topic in the blogosphere this week has been whether the FCPA needs to be suspended so that more U.S. companies will invest in Haiti. Mike Koehler analyzes the question and comes an emphatic conclusion.
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 ...
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.
Alexandra Wrage, President and Founder of TRACE, discusses a few key steps to bolster anti-bribery compliance programs than help companies maintain strong compliance in any economy by lowering costs without lowering standards.
In response to her company's ongoing FCPA issues, Panalpina CEO Monika Ribar said, "[i]t is not easy being under investigation for two years, and [the FCPA investigation] is not making the situation any easier."
Mark Mendelsohn (DOJ Deputy Chief, Fraud Section and the DOJ's FCPA "top cop") recently defended the 2008 Siemens enforcement action. This post takes issue with Mendelsohn's defense of the Siemens enforcement action.
Tech firms have a long history of bringing their products and services to local markets worldwide. KPMG's Henry Keizer analyzes five compliance challenges that they often find can present the biggest challenge when pursuing international opportunities.