Schlagwort-Archive: Department of Justice
ILR: Wal-Mart Counters Bribery Allegations in India
Wall Street Journal | Dec 12, 2012 India’s opposition Bharatiya Janata Party is sticking by its allegations that Wal-Mart Stores Inc.’s routine disclosure of lobbying activities in the U.S. is tantamount to bribery. Read more: Wal-Mart Counters Bribery Allegations in … Weiterlesen
The FCPA Guidance and Declinations
I have previously written about my belief that the US Department of Justice (DOJ) should go further in releasing information about Declinations to Prosecute Foreign Corrupt Practices Act (FCPA) cases self-reported to both it and the Securities and Exchange Commission … Weiterlesen
ILR: DOJ defends deferred prosecution deal with HSBC
National Law Journal | Dec 12, 2012 A high-ranking Justice Department official on December 11 defended the government’s decision not to seek criminal charges against HSBC Holdings PLC for laundering money for drug traffickers and pariah states. Read more: DOJ … Weiterlesen
Standard Chartered muss wegen Verstoß gegen US-Sanktionsvorschriften 327 Millionen USD Strafe zahlen
Standard Chartered Settles U.S. Sanctions Allegations Wall Street Journal Dec 11, 2012 Standard Chartered PLC agreed to pay $327 million in penalties for alleged violations of U.S. sanctions against Iran, Libya and other nations, closing another chapter in the U.S. … Weiterlesen
HSBC muss in USA 1.9 Milliarden USD Strafe zahlen
HSBC to Pay Record U.S. Penalty Wall Street Journal | Dec 11, 2012 HSBC Holdings on Tuesday plans to acknowledge that for years it ignored possible money laundering, part of a record $1.9 billion settlement with U.S. authorities that caps … Weiterlesen
The High Costs of Non-Compliance!
Ed Note-we continue our series of guest posts by Mary Jones. Today, Mary explores the high cost of non-compliance. On November 13, 1923 a special committee was formed to determine whether Germany would be required to pay for the substantial … Weiterlesen
The Red Scare: Knowledge and the Importance of Due Diligence
Ed. Note-we continue our series of guest posts from our colleague Mary Shaddock Jones, who today looks at the importance of due diligence. At midnight on November 9, 1989, East Germany’s rulers gave permission for the Berlin Wall, separating East … Weiterlesen
Armistice Day: The Risks and Rewards of Foreign Joint Ventures
Ed. Note-we continue our series of guest posts from our colleague Mary Shaddock Jones, who today looks at Joint Ventures and has some pointers for avoiding pitfalls under the FCPA. In December 2010, RAE Systems Inc., a publicly-traded U.S. corporation … Weiterlesen
How Do You Change a Corrupt Culture?
As most compliance practitioners know Siemens AG paid not only the largest Foreign Corrupt Practices Act (FCPA) fine in the history of the world at $800MM but also paid the same amount to the German government, this makes for a … Weiterlesen
Election Day – Just Who is a Foreign Government Official?
Ed. Note-we continue our series of guest posts from our colleague Mary Shaddock Jones, who today looks at the issue of foreign government officials under the FCPA. Both she and I urge you to exercise that most important right of … Weiterlesen
