We conducted research on 30 corporate corruption FCPA cases resulting from SEC investigations and sanctions over the last 15 years. The aim of this research was to uncover what negative features these organizations have in their cultures.
Job Title: VP Compliance
Employer: First Data
Location: Jersey City, New Jersey, United States
In Holyoake v Candy, a recent decision of the Chancery Division of the High Court of England and Wales, the court considered an application for a “notification injunction.”
The law firm at the center of the Panama Papers leak may have helped facilitate an alleged multi-million corruption scheme tied to Sonatrach contracts won by Saipem.
Job Title: Manager, Compliance
Location: Newark, New Jersey, United States
France is the latest nation to join the anti-corruption fray, working to finalize a new law to fight corruption, foster transparency and modernize economic activity.
LATAM Airlines Group S.A. (LATAM), a commercial airline company based in Chile, agreed to pay more than $22 million to the DOJ and SEC Monday to resolve FCPA offenses for bribing union officials in Argentina.
Local firms in emerging markets are often highly attractive to multinationals looking for new suppliers and partners. Those local firms, many of them mid-sized, see joining a global value chain as a key step for survival.
We discussed in the two prior posts (here and here) the two laws that Brazil enacted in 2011 to make government more accountable, transparent, and efficient. But readers may recall the major public protests that erupted in Brazil in 2013. Though seemingly provoked by a public transportation rate hike, the protests were about corruption and mismanagement more broadly.