One hundred law firm partners, in-house counsel, and executives revealed candid insights about client service and enforcement trends in the Foreign Corrupt Practices Act arena.
UPDATED: Tuesday, May 21 at 9:22 p.m. EDT
The former director said he acted in good faith and did not harm Wynn.
Over all, 20 percent of the respondents from Europe, Africa, the Middle East and India said they knew of incidents at their own companies within the previous year that could be construed as cooking the books.
Disagreement on whether an oil-and-gas accord signed last year between the U.S. and Mexico will conflict with the new Dodd-Frank transparency rule for extractive industries.
The company called on Tony Blair to help rescue the employees, accused of “passive corruption.”
After a chain of events that British media is prohibited from reporting due to laws protecting defendants from pre-trial publicity, Victor Dahdaleh is now to stand trial in November in London.
The French national is charged obstructing a grand jury investigation into whether mining company BSG Resources Ltd. paid bribes in Africa.
Spending on the internal bribery probe and related compliance issues was much higher in the first three months of 2013 than earlier anticipated.
Wal-Mart Stores Inc. can’t block investors from using publicly disclosed internal files in lawsuits that claim directors failed to properly oversee executives accused of bribing Mexican officials, a judge said.
The sentencing hearings for Neal M. Uhl and Peter R. DuBois were partially closed to the public last month as the government discussed their motions to lessen their Foreign Corrupt Practices Act sentences.
A prominent member of the Saudi royal family is at the heart of a US criminal probe into whether Barclays made improper payments in the kingdom, with investigators scrutinising two separate incidents linked to a son of King Abdullah.
The government’s look into possible FCPA investigations is also ongoing.
As companies put a greater emphasis on compliance, the imposition of an outside monitor has become less common.
The judge recommended that the hand bag designer serve his sentence at FCI Englewood in Colorado, near his family.
News Corp.’s legal bills from the bribery and hacking investigations are down a third over the same period last year.
U.K.-listed miner Eurasian Natural Resources Corp. has hired two law firms to review the conclusions of an internal investigation into whistleblower allegations conducted by law firm Dechert LLP, as ENRC is investigated over allegations of fraud and corruption.
Discovery has been stayed in a related civil suit.
DPAs are a reality, but the details are still being hammered out.
Two employees at Direct Access Partners LLC and an executive from a state-owned bank in Venezuela were arrested last Friday in Miami on Foreign Corrupt Practices Act and other charges.
After presenting the internal probe’s findings to the U.S., the Minnesota company said it could not predict any outcome.
The DPA was originally set to expire last year.
Frederic Bourke, co-founder of the luxury-handbag maker Dooney & Bourke, is set to enter prison this week for conspiring 15 years ago in what prosecutors called “one of the most audacious” bribery schemes ever attempted in the former Soviet Union.
Novak was the third defendant to plead guilty over bribes paid to win business for the Houston pipeline contractors Willbros Group Inc.
Prosecutors evaluate a company’s problems and its conduct since to decide whether a monitor is necessary.
Acting Assistant Attorney General Mythili Raman said corporate settlements provide a “roadmap” to criminal conduct that helps prosecutors pursue individuals.
Denis McInerney, deputy assistant attorney general, said settlements were helping the government police corporate crime as never before.
The aircraft engine maker said Mark King, who joined the company in 1986, would leave at the end of June.
The food processing company anticipates a resolution this year.
William Pomponi, a former sales executive at a Connecticut subsidiary of Alstom, is the third individual to face foreign bribery charges over a power project in Indonesia.
Spending slows on bribery probe.
Payouts go to victims of Enron, Qwest Communications and other major accounting fraud cases of the last decade.
Cilins, an agent of BSG Resources Ltd., is now also charged with directing false statements to the FBI and providing false documents to hide his alleged crimes.
The Houston oil services company KBR Inc. said it coud not determine the implications of any possible debarments.
The decision passes the oil payments transparency lawsuit to the U.S. District Court in Washington, D.C.
The Serious Fraud Office says it will examine allegations of fraud and corruption in the company’s operations in Kazakhstan and Africa.
On April 22, Ralph Lauren Corp. filed a current report with the Securities and Exchange Commission recording its non-prosecution agreements with both the SEC and Justice Department to resolve allegations of bribery in Argentina.
Farrell was an ‘exemplary cooperator’ in testifying against co-conspirator Frederic A. Bourke, prosecutors said.
Wynn Resorts Ltd. asserts that it had scant details on suspicious business deals by former director Kazuo Okada until a 2011 investigation by Arkin Group LLC.
With federal investigations underway, Wal-Mart attempts to showcase company reforms by tying compliance to executive pay.
The former chief of homeland security says the former FBI director was a hired gun.
The Enforcement Division duo replace Robert S. Khuzami, who stepped down in February.
Tough enforcement is coming soon, a British insider says, citing a law making its way through Parliament.
The Justice Department may refile its complaint alleging more specific facts to tie the $38.5 million to jet to illegal activities.
The telecom company is under investigation in Sweden over allegations of bribery in Uzbekistan.
The revelation emerged from a fast-moving grand jury investigation that came to light this week when Frédéric Cilins, 50, identified as an agent of BSG Resources, was arrested in Florida on Sunday in a Foreign Corrupt Practices Act probe.
The subsidiary’s parent is not debarred, unless it violates the terms of a negotiated resolution.
A federal judge on Monday approved a $275,000 settlement between a former Siemens AG board member and the Securities and Exchange Commission, likely marking the close of the government’s civil pursuit of former Siemens employees for alleged bribery in Argentina.
The Houston-based oil drilling company enters a deferred prosecution agreement more than four years after disclosing an internal probe.
Patrick Rappo, who was co-head of anti-corruption enforcement at the U.K.’s Serious Fraud Office, is now a partner in the firm’s London office.
Did Jald Jensen slip through the fingers of Panamanian police?
Six years after its offices were searched in Poland, the Dutch electronics maker Philips resolves the SEC’s foreign bribery allegations for $4.5 million.
The company reportedly received a subpoena from the U.S. government last month.
Though companies now are required to admit to facts alleged by the Justice Department to settle parallel civil investigations, other similar conduct goes unacknowledged.