In an effort to enhance its ability to investigate and prosecute Foreign Corrupt Practices Act (FCPA) cases, the Department of Justice’s (DOJ) Criminal Division has launched a new one-year FCPA pilot program effective April 5, 2016.
On the March 1, 2016 the U.S. Securities and Exchange (SEC) announced that Qualcomm Incorporated (Qualcomm) had agreed to pay a $7.5 million fine and report its remediation efforts to the SEC for two years in order to settle charges of violating the Foreign Corrupt Practices Act (FCPA).
February has been a big month for U.S. Foreign Corrupt Practices Act (FCPA) enforcement.
Regular readers of this blog know that the filing of a shareholder lawsuit following the disclosure of a bribery investigation is a well-established phenomenon (as discussed, for example, here).
In the article “Trends en practices anticorrupción for 2016 la luz de la FCPA” published on January 14 by LexLatin, Eloy Rizzo, member of the KLA, says the trends and the most important aspects of the application of the FCPA, discussed at the conference held at the end 2015 in Washington / DC.