Foreign Corrupt Practices Act (FCPA)

Anti-Corruption

Hank Bond Walther, Cheryl L. O’Connor | Jones Day

On April 5, the U.S. Department of Justice (DOJ) announced a one-year Foreign Corrupt Practices Act (FCPA) Enforcement Pilot Program to encourage voluntary self-disclosure, cooperation, and remediation.1 This effort is designed to boost enforcement by further incentivizing companies to...

Anti-Bribery

Jonathan S. Feld, Kara B. Murphy | Dykema Gossett PLLC

It is well reported that Foreign Corrupt Practices Act (FCPA) enforcement sanctions have increased significantly in recent years. Headlines focus on monumental monetary penalties, such as Alstom S.A.’s $772 million settlement.[1] Alstom’s record-setting fine was due, in...

Anti-Bribery

Steven L. Henning, Sareena M. Sawhney | Marks Paneth LLP

Transparency International, a global coalition against corruption, publishes an index that measures the perceived levels of public sector corruption worldwide. The 175 countries are ranked on a scale from zero (highly corrupt) to 100 (very clean). Only two countries (Denmark and New Zealand) rank...