On February 21, 2012 The U.S. Chamber of Commerce Institute for Legal Reform (ILR) sent a letter to the DOJ requesting guidance on “several issues and questions of significant concern to businesses seeking in good faith to comply with the FCPA.” The ILR raised the following issues: “Instrumentalities”: The ILR sought clarification on what types… Continue Reading
Monthly Archives: February 2012
John Joseph O’Shea Acquitted of All Substantive FCPA Counts
Posted in UncategorizedConduct Following the close of the prosecution’s case on a trial for charges arising under the Foreign Corrupt Practices Act (“FCPA”), John Joseph O’Shea (“O’Shea”) was acquitted of all substantive FCPA counts, with the court (Southern District of Texas) finding that O’Shea’s conduct could be reasonably explained by lawful motives. O’Shea, a former general manager… Continue Reading
Monthly China Anti-Bribery Update Report– December 2011 – January 31, 2012
Posted in China, China enforcement actionsAs part of our continued efforts to monitor the antibribery enforcement environment in the People’s Republic of China (PRC), our colleagues in Squire Sanders’ Shanghai office have graciously agreed to provide monthly updates of relevant developments in the PRC’s antibribery laws, regulations and government enforcement actions. The most recent developments are summarized below. Enforcement Actions… Continue Reading
Russian Federation Accedes to Antibribery Convention (Россия присоединилась к Конвенции по борьбе с коррупцией)
Posted in RussiaOn February 1, 2012 Russia ratified the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (the Convention) The Convention was adopted by the Organisation for Economic Co-operation and Development (OECD) in 1997. It provides that signatories undertake to amend national legislation to criminalize bribery of foreign public officials by… Continue Reading