The American Petroleum Institute says compiled payments data can serve the interests of transparency while still safeguarding commercially sensitive information.
A three-judge panel of the 11th U.S. Circuit Court of Appeals heard oral arguments in the first challenge at the appellate level of the government’s interpretation of language core to the FCPA.
The Chamber’s Institute for Legal Reform laments the cost to businesses and lack of incentives for companies to self-report violations.
A recent Fifth Circuit decision, while arguably correct, “has a very perverse effect on whether to report internally or not,” said Christian Bartholomew of Weil Gotshal & Manges LLP.
Former Assistant Attorney General for the Civil Rights Division Tom Perez gave his first major speech to organized labor since being confirmed as Labor secretary in July.
With sales growth slowing, Wal-Mart discloses rising legal costs that continue to quicken in pace over last year.
After prevailing against the SEC on oil payments transparency, industry takes its fight on conflict minerals disclosure to the D.C. Circuit Court of Appeals.
The ruling comes just weeks after a similar SEC extractive-industries transparency rule was vacated.
Business groups are suing the SEC to block a rule aimed at pressuring the Democratic Republic of the Congo on human-rights abuses by requiring manufacturers to scour their supply chains for “conflict minerals.”
Medical technology giant Medtronic Inc. is no longer the target of a government probe into foreign bribery within the medical devices industry.
The hotel chain is challenging the FTC’s role as a data privacy enforcer.
The decision passes the oil payments transparency lawsuit to the U.S. District Court in Washington, D.C.
The Enforcement Division duo replace Robert S. Khuzami, who stepped down in February.
A European version of the Dodd-Frank oil-and-gas transparency rule takes a step toward becoming reality.
At a compliance conference in Washington, the former Attorney General called for greater “transparency” in foreign bribery enforcement.
Industry groups say the SEC failed to properly take into account their costs when implementing Section 1502 of the 2010 Dodd-Frank law – a rule they argue doesn’t guarantee a human rights benefit.
API’s lawyer said the SEC failed to exercise proper discretion. The commission said it implemented the rule Congress intended.
The DOJ’s FCPA unit chief discusses rogue employees, FCPA guidance, why even anonymized declinations will continue to be rarely disclosed, and the busy year facing prosecutors.
Congressional Democrats have joined activist organizations and U.N. experts in defending new U.S. regulation of the trade in minerals thought to fuel war in the Congo.
The Justice Department’s Foreign Corrupt Practices Act unit chief spoke via telephone at the American Bar Association’s white collar crime conference in Las Vegas.
The SEC rejects industry arguments, saying its Congo conflict minerals rule was both required by Congress and equitably crafted.
While approving of November’s FCPA guidance, the U.S. Chamber of Commerce says companies are still “left guessing” in some areas.
The battle for FCPA reform is not dead, it is merely resting.
Industry groups say SEC failed in its obligation to shareholders and companies with extractive industries disclosure rule.
Norwegian oil company Statoil ASA is not supporting a lawsuit by the American Petroleum Institute and other industry groups to vacate an extractive industries transparency rule approved by the Securities and Exchange Commission.
Will the uproar over the Internet activist who killed himself be the trigger for Justice Department policy changes?
Support for industry’s lawsuit grows as ten new amici weigh in against an SEC rule on minerals derived from war in the Democratic Republic of Congo.
Lamenting the suicide of Aaron Swartz and questioning the conduct of Massachusetts U.S. Attorney Carmen Ortiz’s prosecutors.
Industry says costs are too high and benefits too uncertain.
Sens. Cardin and Levin and ex-Sen. Lugar said Congress intended to make disclosure of extractive industries payments mandatory.
"Eric has been in enough difficult jobs at this point, including this one, where he understands that the highs and the lows of what this town thinks -- who is up and who is down -- is completely irrelevant.” -- White House Counsel Kathryn Ruemmler