Schlagwort-Archive: Compliance
When to Bring in Investigative Counsel and Why
When should you bring in a true outsider to handle an internal investigation? What about specialized investigative counsel? Jim McGrath, who often writes about the need for specialized investigative counsel, has also pointed out on several occasions that having an … Weiterlesen
Getting Your Company Ready for M&A Compliance Due Diligence
Who was the absolute worst general during the Civil War? While there are many worthy candidates for this dubious honor, on the Southern side my vote goes to General John Bell Hood. One of the prime proponents of the Southern … Weiterlesen
FCPA: Distributors Should Be Analyzed As Any Other Third Party Representative in the Sales Chain
Ed. Note-David Simon is a partner at Foley and Lardner and Bill Athanas is a partner at Waller Lansden Dortch & Davis, LLP. Both have practices which include FCPA compliance. After my recent post on distributors under the FCPA, David and … Weiterlesen
Foreign Corrupt Practices Act: Haftungsrisiken auch für deutsche Unternehmen
Der in den USA bereits 1977 in Kraft getretene Foreign Corrupt Practices Act („FCPA“) stellt ein zentrales Regelwerk im Kampf gegen grenzüberschreitende Korruption dar. Konkret regelt der FCPA zwei Sachverhalte: Zum einen verbietet er die Bestechung ausländischer Amtsträger („Bestechungsverbot“), zum … Weiterlesen
FCPA: This is not a compliance failure. It’s an ethical failure
In the movie “Margin Call” the character played by Jeremy Irons says that there are three ways to lead in business: (1) Be the smartest; (2) Be there first; (3) Cheat. I thought about this trichotomy when reading several articles … Weiterlesen
FCPA: What is the Role of a Board of Directors?
One of the ongoing topics for various Foreign Corrupt Practices Act (FCPA); UK Bribery Act or other anti-corruption and anti-bribery compliance conferences is what information does a Board of Directors want or need for oversight of a compliance program? However … Weiterlesen
Begriff Bestechung unter dem FCPA
Die US-amerikanische Handelskammer (Chamber of Commerce) und andere Unternehmensverbände haben Ende Februar in einem Brief an das Department of Justice und die SEC diese aufgefordert, eine genauere Definition des Begriffs Bestechung unter dem Foreign Corrupt Practices Act und generell mehr … Weiterlesen
FCPA: To Give or Not To Give and If So How, Under the FCPA
To give or not to give? That is certainly a question but it may also include the question of the value of the gift. Under the Foreign Corrupt Practices Act (FCPA) and UK Bribery Act gifts and entertainment continue to … Weiterlesen
The FCPA Enforcement Process: Negotiating the Penalty
I recently explored the issue of ‘extraordinary cooperation’ in the context of a Foreign Corrupt Practices Act (FCPA) enforcement proceeding and some of the concrete steps that a company could take to reduce its overall penalty assessed by the Department … Weiterlesen
Three Keys to the Role of a Chief Compliance Officer
There is an ongoing debate in the compliance world about whether a company can or should combine or separate the role of the Chief Compliance Officer (CCO) from that of the General Counsel (GC). However, before a company can answer … Weiterlesen