East India Company Bribery
The East India Company was a dominate multinational corporation in the 1600 – 1800’s.
And it apparently engaged in lots of bribery.
This article is about an East India Company merchant who “compiled notes about the practicalities of trade in various ports and settlements of the Indian Ocean in the 18th century. Among lists of prices, exchange rates, and goods are advice and instructions for enterprising traders looking to maximise their profits through bribery and tax dodging.”
Contrary To The Narratives
We live in a world it seems in which certain assumptions become narratives and narratives are often accepted as “fact.”
However, when subjected to a closer analysis, certain assumptions are often wrong, which means the narrative is wrong, which means the “facts” are not the “facts.”
Recently, the House Foreign Affairs Subcommittee on Global Health, Global Human Rights, and International Organizations held a hearing titled “Implementation of the Trafficking Victims Protection Act (TVPA).”
During the hearing, the President of The Human Trafficking Legal Center testified about ways to improve the TVPA.
This Week On FCPA Professor
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.
This post asks, what does the phrase the “new FCPA” even mean?
What Does The Phrase “The New FCPA” Even Mean?
For nearly a year, DOJ officials (and as a result others) have been calling sanctions enforcement “the new FCPA.”
But what does that phrase even mean?
Does it mean that the DOJ will be bringing on average 7 corporate enforcement actions per year (the average number of corporate FCPA enforcement actions over the past decade)? Is that a large number of enforcement actions or a small number of enforcement actions given the number of business organizations subject to various sanctions laws?
FCPA Institute – Zoom (May 16-18)
Since 2014, the FCPA Institute has elevated the Foreign Corrupt Practices Act knowledge and practical skills of professionals from around the world.
The inaugural FCPA Institute – Zoom was offered in November 2020 to a worldwide audience and several additional Zoom events have followed. The next FCPA Institute – Zoom will be offered on May 16-18.
The FCPA Institute – Zoom will consist of 9 hours of integrated and cohesive instruction (each day from 9 a.m. – noon central) led by Professor Koehler, an FCPA expert with FCPA practice and teaching experience.