NEXT
Sign in to follow

Corporate Counsel

Former JPMorgan Exec Hit With Bribery Charges in Hong Kong

Catherine Leung Kar-cheung, ex-vice chairwoman of JPMorgan Securities' Asia-Pacific investment banking business, faces two counts of offering an advantage to an agent. Her legal woes stem from an alleged bribery scheme involving the chairman of an unnamed logistics company and his son.
3 minute read

The Recorder

Hogan Lovells Adds Ex-Federal Prosecutor, SEC Enforcer in LA

Ann Kim spent more than a decade at the Securities and Exchange Commission and the U.S. Attorney's Office for the Central District of California.
2 minute read

Corporate Counsel

Microsoft Acknowledges Ongoing FCPA Issues in Quarterly Report

Microsoft's 10-Q filing with the SEC offers no further details on the probes in question, though at least a portion of the inquiries are likely related to activities in Hungary that date back to 2013.
3 minute read

Corporate Counsel

Latest Russia Corruption Stats Reveal Blind Spot in Enforcement Efforts

“These cases are not prosecuted. Large companies are not touched. They can feel safe that they're not subject to risk of prosecution by Russian authorities,” said a Moscow lawyer.
3 minute read

The American Lawyer

Paul Hastings Lands Anti-Corruption Pair From Steptoe in DC

Matt Herrington and Tom Best, who together spent almost 28 years at Steptoe, have grown their practice beyond the Foreign Corrupt Practices Act in recent years.
3 minute read

Corporate Counsel

Report Ranks Global Industries With the Highest Corruption Risks

The global construction industry is rife with compliance threats, especially in emerging markets where government corruption can taint infrastructure projects, according to a new report.
4 minute read

Corporate Counsel

Ephemeral Messaging Compliance Keys in Wake of New DOJ Policy

Companies need to make sure that employees know when to use ephemeral messaging apps and ensure that they document the communications, otherwise they risk losing out on cooperation credit during FCPA enforcement actions.
4 minute read

The Recorder

Even With DOJ Easing Stance on Ephemeral Messaging, Compliance Hurdles Remain

When employees use ephemeral messaging apps companies still need to ensure that they document their communications, otherwise they could risk losing out on credit for cooperating with federal investigators.
4 minute read

Corporate Counsel

German Medical Device Company Agrees to Settle FCPA Case for Nearly $232M

Fresenius Medical Care AG & Co. has agreed to pay U.S. authorities nearly $232 million to resolve allegations that it bribed doctors and health officials in some 17 countries in order to obtain business.
4 minute read

Corporate Counsel

OFAC Action Against Stanley Black & Decker Highlights Importance of Compliance Monitoring

Before acquiring a China-based power tool company, Stanley Black & Decker provided trade compliance training to employees and senior management at the Chinese company that agreed in writing to stop doing business with Iran. But its efforts were ultimately insufficient, according to the Treasury Department.
4 minute read

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources

  • Leveraging Technology to Improve Employee Engagement and Client Satisfaction

    Brought to you by CARET Legal

    Download Now

  • How to Choose Your Legal Operations Software: Key Considerations and Expert Tips

    Brought to you by DiliTrust

    Download Now

  • Yearly Roundup: Strategic Insights for Law Firm Decision Making

    Brought to you by CARET Legal

    Download Now

  • Lex Machina Contracts: Commercial Litigation Report 2024

    Brought to you by LexisNexis®

    Download Now