On 23 October 2012, the Ministry of Justice (MoJ) published its response to the consultation paper on DPAs, and confirmed that it will legislate to introduce DPAs in England and Wales. The Government intends to include an amendment to the Crime and Courts Bill 2012-2013 to introduce DPAs in England and Wales, and it is… Continue Reading
Category Archives: Compliance Program
Subscribe to Compliance Program RSS FeedOutline of Resource Guide to the U.S. Foreign Corrupt Practices Act (November 14, 2012)
Posted in Compliance Program, FCPA Jurisdiction, Foreign Corrupt Practices ActOn November 14, 2012, the Department of Justice (“DOJ”) and Securities and Exchange Commission (“SEC”) released A Resource Guide to the Foreign Corrupt Practices Act, available here (the “Guide”). In its 10 chapters, the Guide provides an overview of the current state of the FCPA as interpreted by the courts, the DOJ and the SEC. … Continue Reading
Practical Guidance on How to Conduct FCPA Due Diligence
Posted in Compliance Program, Corporate Finance/M&A, Foreign Corrupt Practices ActThe Department of Justice and Securities and Exchange Commission have stressed the need for companies to conduct FCPA due diligence before entering into transactions with third parties or buying another company. The DOJ and SEC have levied stiff fines on companies that have not heeded their advice once violations of the FCPA have been discovered. … Continue Reading
Monthly China Anticorruption Update Report– April 2012
Posted in China, China enforcement actions, Compliance ProgramThe most recent FCPA and anticorruption enforcement developments involving the People’s Republic of China (PRC) are summarized below. Thanks as always to Squire Sanders Shanghai office for monitoring and reporting on these enforcement actions. China Enforcement Actions (1) On March 31, 2012, Li Ping, former Party chief of Futian District committee, was sentenced to six-and-a-half… Continue Reading