FCPA enforcement has always been bi-partisan, commanding principled support from both sides of the aisle. Is that about to change?
Entries in George W. Bush (6)
Much has already been written about the November election and FCPA enforcement and compliance. My perspective comes from a five-year experience cooperating with the DOJ, and which spanned two administrations, including a complete change of leadership at the Justice Department after President Obama’s first electoral victory.
The Big Three credit rating agencies -- Standard & Poor's, Moody's, and Fitch Group -- control about 95% of the market. They played a pivotal role in causing the 2008 financial meltdown. Rules adopted by the SEC Wednesday are intended to bring integrity back to the ratings process.
Last week, I was discussing a report with fellow compliance practitioner Craig Bloom, that Giuseppe Orsi, President of one of Italy’s largest conglomerates, Finmeccanica, SpA, was arrested under allegations of bribery in Finmeccanica’s sale of twelve helicopters to the Indian Government in 2010.
A judge in California may decide whether federal law reflected by the FCPA prevents charging foreign officials with money laundering in connection with bribes they took.
We now know who will be the next President of the United States.