ANALYSIS: The UK Bribery Act and U.S. Foreign Corrupt Practices Act: Traps for the Unwary in Corporate Transactions

Enforcement authorities and legislators in many countries have focused with renewed vigor during the past few years on seeking to investigate and prosecute bribery – in particular, bribery involving public officials. Commercial bribery also is prohibited in many countries, although there does not appear to have been a similar increase in the number of enforcement actions focusing on commercial bribery…

ANALYSIS: The Extraterritorial Implications of the U.S. Foreign Corrupt Practices Act and the U.K. Bribery Act: Why Nearly Every Global Company Needs a Robust Anti-Corruption Compliance Program

Business in today’s world is global, and anti-corruption enforcement is as well. Given the extraterritorial reach of the U.S. Foreign Corrupt Practices Act (FCPA) and the U.K. Bribery Act (Bribery Act), multinational corporations with connections to the United States and the United Kingdom are becoming increasingly aware of the risks of enforcement of these two statutes by the U.S. and U.K. authorities

ANALYSIS: 2011 U.S. Foreign Corrupt Practices Act Year in Review

For most of the Foreign Corrupt Practices Act’s history, key decisions concerning its enforcement and direction were made behind closed doors around conference room tables in Washington, D.C…

U.S. SEC, DOJ Charge Former Senior Siemens AG Execs Over Alleged Argentine Bribery Scheme

The DoJ and the SEC Dec. 13 announced parallel charges under the Foreign Corrupt Practices Act against former senior Siemens AG executives over an alleged decades-long bribery scheme to retain a $1 billion contract to produce national identity cards for Argentine citizens…

ANALYSIS: 2010 U.S. Foreign Corrupt Practices Act Enforcement Year-End Review

Foreign Corrupt Practices Act enforcement in 2010 continued to outpace prior years, setting new records both for the number of prosecutions and enforcement actions filed and for the substantial corporate penalties and individual sentencing resulting from the corporate prosecutions…