FCPA Professor has been described as “the Wall Street Journal concerning all things FCPA-related,” and “the most authoritative source for those seeking to understand and apply the FCPA.”
Set forth below are the topics discussed this week on FCPA Professor.
As highlighted here and here, the DOJ announced related FCPA enforcement actions against Societe Generale and Legg Mason for improper conduct in connection with financial transactions with various alleged Libyan officials. The net FCPA settlement amount in Societe Generale was $292 million and the settlement amount (at present) in Legg Mason is $64 million. This post highlights how the DOJ “piled on” Societe General as well as additional issues to consider and this post highlights additional issues to consider in the Legg Mason enforcement action.
This post highlights the false narrative that prior to the FCPA foreign bribery by U.S. companies was rampant.
As highlighted here, a recent unanimous decision by the Supreme Court in a restitution case provides yet another reason not to voluntarily disclose.
SEC enforcement officials recently complained that the Supreme Court’s unanimous decision in Kokesh is impacting its enforcement program. This post states – deal with it, not following the law has consequences.
How much do you know about the Foreign Corrupt Practices Act? Let’s find out in this week’s FCPA challenge.
Elevate your FCPA knowledge and practical skills at the FCPA Institute – Seattle (August 13-14). To learn more and register click here.