The Treasury Department's Financial Crimes Enforcement Network renewed rules Thursday that force U.S. title insurance companies to identify the natural persons behind companies used to pay all cash for high-end residential real estate in some parts of the country.
Donald Tsang, Hong Kong's Chief Executive between 2005 and 2012, was sentenced Wednesday to 20 months in prison.
What does the failure of the Kraft Heinz attempted hostile takeover of Unilever portend for the greater world of global anti-corruption enforcement specifically and compliance programs more generally?
As a Canadian practicing law and operating out of the British Virgin Islands (BVI), any mention of Mossack Fonseca and Canada in the same breath is guaranteed to capture my attention.
The UK House of Commons Tuesday passed legislation that would expand the powers of the government and courts to freeze assets of human rights violators.
Recent media reports suggesting Rolls-Royce’s bribery settlement drove the engineering giant to a record £4.6 billion ($5.7 billion) loss are not factually accurate, and contribute to a misleading narrative that big companies are too fragile to be punished robustly for corruption.
Korea's newly enacted anti-graft statute called the Kim Youngran law can't be applied retroactively against allegations of grand corruption involving President Park and her confidante and the chaebols (family run conglomerates, such as Samsung and Hyundai). Instead the Special Prosecutor's office will have to use the Criminal Act, and that will be a daunting task.
A reader asked if there have been any FCPA cases involving small bribes -- say under $1 million. The answer is: Yes, lots of them.
Dear FCPA Blog,
I am writing today because I recently learned about the DOJ’s new “Evaluation of Corporate Compliance Programs,” which they released on February 8, 2017 without apparent fanfare.
Employer: The Christian Broadcasting Network
Location: Virginia Beach, Virginia USA
Lee Jae-yong, the vice chairman of Samsung Group, was arrested and jailed Friday in Seoul on bribery charges.