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Foreign Corrupt Practices Act


November 30, 2021 1:00 p.m. – 2:00 p.m. EST The coronavirus pandemic is orienting more and more organizations towards remote working models. This improves the potential trajectory of data security incidents and other information exfiltration to dramatically increase. The number of data security incidents in 2020 was more than double that of 2019. US businesses …

By Ben Kimberley and Addison Thompson (November 5, 2021, 4:09 p.m. EDT) – On October 28, Deputy Attorney General Lisa Monaco said the U.S. Department of Justice will further strengthen efforts to tackle corporate crime.[1] While practitioners will likely focus on Monaco’s comments on topics such as the emphasis on individual responsibility – i.e. a …

By Stewart Bishop (November 4, 2021, 7:57 p.m. EDT) – Federal prosecutors in Brooklyn on Thursday sought to define the extent of evidence to be used in the upcoming trial of former Goldman Sachs executive Roger Ng over an alleged $ 2.7 billion fraud on Malaysia’s sovereign wealth fund, 1Malaysia Development Bhd. Ng is set …

Deputy Attorney General Lisa Monaco described significant changes to the Department of Justice’s corporate criminal law enforcement policies during her opening address October 28, 2021 at the 36th ABA National Institute on Crime in white collar. His address highlighted the ministry’s enforcement priorities, new and amended guidelines, and issues targeted for further study. In this …

Brown University endowment yields topped Ivy League rivals for the third year in a row, while Columbia University and Harvard University endowments lag behind their rivals despite historic returns of over 30% each for fiscal 2021. Princeton University, which is the only Ivy League school not yet to report its endowment performance in 2021, said …

On October 15, 2021, the Department of Justice (DOJ) announced the creation of a hotline to help its anti-corruption task force fight corruption in Central America, particularly in the Northern Triangle countries of El Salvador, Guatemala and Honduras. The Anti-Corruption Task Force was established earlier in 2021 with the aim of tackling corruption, human smuggling …

MUSC’s fruitful collaboration with foreign institutions and our reputation in the international community depend in part on the nature and strength of our partnerships. The partnership is expected to add value to MUSC’s mission, strategic goals, and other areas of research and academic growth. Signing documents simply for a presentation or ceremony, or without substantive …

Honeywell said it continues to cooperate with investigations by the Department of Justice, Securities and Exchange Commission and Brazilian authorities “regarding our use of third parties who previously worked for our UOP business in Brazil in relation to Petróleo Brasileiro (Petrobras ) as part of with an award-winning project in 2010. The company first disclosed …

By Hailey Konnath (Oct. 22, 2021, 10:42 p.m. EDT) – Honeywell International Inc. expects to pay at least $ 160 million to resolve investigations by U.S. and Brazilian authorities into potential violations of the Human Rights Practices Act. corruption abroad, said the multinational. in a U.S. Securities and Exchange Commission filing Friday. The US Department …

Credit Suisse Group fined for fraudulently deceiving investors in two bond offerings Credit Suisse Group has agreed to pay nearly US $ 475 million to US and UK authorities for fraudulently misleading investors and violating the Foreign Corrupt Practices Act (FCPA) in a scheme involving two offers of bonds and a syndicated loan that raised …

By Dave Simpson (October 21, 2021, 11:21 p.m. EDT) – Stockholm-based telecommunications giant Ericsson on Thursday announced that the U.S. Department of Justice had determined it had breached its obligations under a 2019 deferred prosecution agreement over allegations he conspired to violate the Corrupt Practices Abroad Act. Ericsson said in a statement that the DOJ …

The Justice Department today announced a hotline to help its anti-corruption task force tackle corruption in El Salvador, Guatemala and Honduras, a key part of the vice president’s work to tackle corruption. root causes of migration. “As the Vice President acknowledged during her visit to Guatemala earlier this year, corruption and impunity in the region …

Three weeks ago, news broke that two former SNC-Lavalin executives may have engaged in acts of counterfeiting, fraud and conspiracy between 1997 and 2004. This concerns allegations that bribes -vin could have been paid to help secure a repair contract for the iconic Jacques-Cartier Bridge in Montreal. SNC-Lavalin itself was also charged because of the …

By Robert Katz (October 12, 2021, 6:03 p.m. EDT) – Environmental, social and corporate governance factors are becoming increasingly important to investors, lawmakers and regulators. In this series of expert reviews, in-house legal advisers explain how they are adapting to the changing ESG landscape. Robert katz There is a growing need for robust compliance strategies …

PHILADELPHIA – (BUSINESS WIRE) – October 11, 2021– Aramark (NYSE: ARMK) CEO John Zillmer today announced the appointment of Kim Scott as President and CEO of Aramark Uniform Services (AUS), effective immediately. In his new role, Scott will become a member of the company’s management team, reporting directly to Zillmer, and oversee the nearly 20,000 …

The recently released Pandora Papers highlight the ways in which wealthy and powerful individuals hide money from tax authorities and criminal investigators. In response, some anti-corruption advocates say the Pandora Papers should reinvigorate President Biden’s anti-corruption agenda. And according to a leading whistleblower lawyer, whistleblowing should be a key aspect of any effective anti-corruption effort. …

October 6, 2021 First of four industry-specific programs The False Claims Act (FCA) is one of the most powerful tools in the government’s arsenal to combat fraud, waste and abuse involving public funds. After several years of statements and guidance that the Department of Justice (DOJ) may change its approach to FCA enforcement, the Biden …

“With the conclusion of the obligations set out in the agreement, Petrobras concludes an important step in its recovery trajectory,” the company’s executive director of governance and compliance, Salvador Dahan, said in a statement. “We have finally turned the page and the end of the DOJ agreement proves that we are living in a new …

Posted: Oct 6, 2021, 4:30 a.m. Last update on: October 6, 2021, 4:30 a.m. Philippe conneller Read more Filipino casino operator Bloomberry Resorts has asked a federal judge to order a U.S. gaming company to turn over documents it says could confirm the fraud allegations. Enrique Razon, owner of Bloomberry Resorts, is the second richest …

The Singapore Court of Appeal (CA) dismissed an appeal filed by magnate Enrique Razon Jr.’s group against the arbitration award in favor of Las Vegas-based management company Global Gaming Philippines LLC (GGAM), the ousted management of the Solaire play complex. As such, Solaire’s real estate developer Bloomberry Resorts Corp. is now preparing for another legal …

Ethics, quality and respect are the values ​​inherent in the practice of Azevedo Sette Advogados. Founded in 1967, today we have 44 partners, more than 300 lawyers and more than 200 collaborators, that is to say in total more than 500 members. We are proud to have built, over more than five decades, a history …

Photo of Frédéric Pierucci: GT China’s victory over Huawei’s Meng Wanzhou incident could help slow the process in which the United States uses its legal system to wage an economic war against specific companies and spur more countries to fight the jurisdiction long-armed US former Friday Alstom chief Frederic Pierucci told the Global Times in …

The U.S. Department of Justice on Friday took steps to bolster the ranks of its Criminal Division and Fraud Section under the leadership of a Deputy Attorney General selected by President Biden, encouraging several career prosecutors to take office. key positions overseeing the agency’s investigations into complex white-collar crimes. Lisa Miller will serve as the …

United States: FCPA attorney foreshadows increased use of new foreign bank subpoena tool 01 October 2021 Arnold & Porter To print this article, simply register or connect to Mondaq.com. Nine months ago, Congress gave the Department of Justice (DOJ) and the Department of the Treasury (Treasury) substantial new power to subpoena banking records located abroad …

Kahn’s last day at the Justice Department was Wednesday. His first day at Davis Polk is October 11, a firm spokesperson told Compliance Week. The agency has not announced his departure. Kahn first joined the Justice Department in 2010 as a litigator with the Fraud Section, rising through the ranks during his 11 years with …

Good day. Blame the supply constraints facing very high demand as the US economy reopens for the current surge in inflation, Federal Reserve Chairman Jerome Powell said, adding that the Fed expected the surge prices would continue next year before fading. He noted that the Fed is facing a situation it has not encountered for …

A federal prosecutor who has overseen the Department of Justice’s enforcement of a key anti-corruption law in three US presidential administrations is stepping down to return to private practice. During an 11-year stint at the Justice Department, Daniel Kahn, whose last day was Wednesday, quit his post as attorney general to become his most recognizable …

LOUISVILLE, Ky., September 29, 2021 (GLOBE NEWSWIRE) – Churchill Downs Incorporated (“CDI” or “Company”) (Nasdaq: CHDN) today announced that the Company has signed a purchase and sale agreement with the Chicago Bears. The Company has agreed to sell the 326-acre property in Arlington Heights, Ill. (“The Property”), currently the headquarters of Arlington International Racecourse, for …

This week, we explore the recent Securities and Exchange Commission (SEC) cease and desist order last week with WPP plc, the world’s largest advertising group, for paying bribes to government officials and participated in other “illicit programs”. in China, Brazil and Peru. WPP has agreed to pay over $ 11 million in restitution and interest …

We now have our second Foreign Corrupt Practices Act (FCPA) enforcement action in 2021. The Securities and Exchange Commission (SEC) has entered into a Cease and Desist Order (Order). last week with WPP plc, the world’s largest advertising group, to bribe Indian government officials and participate in other “illicit programs” in China, Brazil and Peru. …

Former Nigerian Oil Minister Diezani Alison-Madueke set up a shakedown program that required NNPC contractors to pay $ 300,000 per month in bribes for oil deals to support the bid for the re-election of then-president Goodluck Jonathan. The Federal Bureau of Investigation said in court documents filed in the United States that Ms Alison-Madueke accepted …

Kenya-based advertising giant WPP PLC to pay $ 19 million (2 billion shillings) to resolve US government claims it failed to adequately guard against corruption risks in India , China, Brazil and Peru, securities regulators said on Friday. The American Securities and Exchange Commission (SEC) said that an Indian subsidiary of WPP paid up to …

WPP has agreed to pay a fine of $ 19 million (AU $ 26 million) to the United States Securities and Exchange Commission (SEC) over allegations of corruption and accounting controls for its subsidiaries which include Brazil, China, India, India and Peru. The breaches predate the current management led by CEO Mark Read, some dating …

WPP is to pay $ 10.1 million in restitution, a penalty of $ 8 million and $ 1.1 million in prejudgment interest as part of the deal. The company, considered the largest advertising group in the world, has also agreed to cease and desist from violating the FCPA’s anti-corruption provisions, books and records, and internal …

WPP, the world’s largest advertising group based in London and New York, has agreed to pay $ 19.2 million in penalties and restitution to the United States Securities and Exchange Commission (SEC) to address FCPA violations (Foreign Corrupt Practices Act) in India, China and Brazil. , Peru, Colombia and Chile. The SEC said in an …

Publication displays: 56 Washington DC, September 24, 2021 – The Securities and Exchange Commission today announced that London-based WPP plc, the world’s largest advertising group, has agreed to pay more than $ 19 million to resolve charges of violating anti-corruption provisions, books and records and internal accounting controls of the Foreign Corrupt Practices Act (FCPA). …

The Company fully cooperated with the authorities in their investigation MONTREAL, September 23, 2021 / CNW Telbec / – The SNC-Lavalin Group Inc. (TSX: SNC) has declared that SNC-Lavalin Inc. and SNC-Lavalin international Inc. have been charged under the Criminal Code with Canada with offenses that allegedly occurred from 1997 to 2004, including fraud against …

United States: Supreme Court to weigh protections under confrontation clause September 22, 2021 Perkins Coie LLP To print this article, simply register or connect to Mondaq.com. The Sixth Amendment’s confrontation clause gives criminal defendants the right to “confront” – that is, cross-examine – prosecution witnesses. But can an accused “open the door” to the admission …

December 1 – 2, 2021 7:30 a.m. – 5:00 p.m. EST Gaylord National Resort and Convention Center 201 Waterfront Street National Port, MD 20745-1135 Or call 888-224-2480 for the fastest service. You can save extra 10% reduction the current rate using the code D10-999-JDS22. The annual gathering of the FCPA and anti-corruption community! ACI 38e …

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This article was written exclusively for Investing.com The Coinbase Wells notice was a regulatory missile President of the SEC, fintech expert Protect the public or defend the status quo? Money: the root of power Expect regulatory levels; Bifurcation on the horizon Regulation is a thorny issue for global assets and the markets in which they …

By Stewart Bishop (September 17, 2021, 10:23 p.m. EDT) – Two former executives of a Twentieth Century Fox unit and Argentina-based sports marketer Full Play Group told a New York federal judge on Friday that Criminal charges against them resulted from FIFA’s widespread corruption investigation is unconstitutionally vague and does not support honest service fraud …

The Biden administration unveiled a memorandum in June on how he plans to tackle international corruption. The memo calls on federal departments and agencies, such as the Department of Justice, to work with like-minded international partners to make recommendations on an anti-corruption strategy. In response to the memo, the DOJ should borrow recommendations from its …

To print this article, simply register or connect to Mondaq.com. Law360 (September 13, 2021, 3:59 p.m. EDT) – Morrison & Foerster LLP has hired a pair of federal prosecutors for its white-collar advocacy group, the company said on Monday, adding revolving doors to its hiring list. Katherine Driscoll, former Assistant U.S. Attorney in the Eastern …

By Pete Brush (September 16, 2021, 4:46 p.m. EDT) – Federal prosecutors in Brooklyn argued on Wednesday that former Braskem CEO Jose Carlos Grubisich deserved five years in prison for helping to further the systemic corruption operation of the Brazilian oil giant, after defense lawyers said the four months he has already spent in lockdown …

By Stewart Bishop (September 10, 2021, 9:20 p.m. EDT) – A federal judge in Brooklyn has rejected an attempt by former Goldman Sachs banker Roger Ng to dismiss criminal charges over an alleged $ 2.7 billion fraud dollars on Malaysian sovereign wealth fund, 1Malaysia Development Bhd. , according to an order released Friday. Ng, also …

LOUISVILLE, Ky., September 08, 2021 (GLOBE NEWSWIRE) – Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq: CHDN) today announced that the Company’s operations in Louisiana are closed due to Hurricane Ida and remain closed at this time. CDI’s operations in Louisiana include the Fair Grounds Race Course & Slots property and 15 off-track betting facilities …

New York, NY, September 04, 2021 – (PR.com) – For more details, please visit:https://knowledgewebcasts.com/know-portfolio/anti-money-laundering-and-the-foreign-corrupt-practices-act-cle/ About Athéna ArbesAthena Arbes is a partner in the firm’s Anti-Corruption and Internal Investigations practice group. She assists clients on matters involving the US Foreign Corrupt Practices Act, UK Corruption Act, French Sapin II Act, international anti-corruption and compliance law, third …

New York, NY, September 02, 2021 – (PR.com) – Event synopsis: Financial organizations typically use the Foreign Corrupt Practices Act (FCPA) and Anti-Money Laundering Policy (AML) to deal with disputes involving corruption and corruption issues. Thus, strengthening these litigation tools is vital to tackle relevant threats within the financial system. With this in mind, the …

Russell says he tried to settle the case privately and that failed he took legal action Kimora Lee Simmons said her ex-husband Russell simmons has no evidence to support her claims that she and her current husband stole it. Kimora Lee Simmons and Russell Simmons (Photo by Donald Bowers / Getty Images) Russell alleges that …

Wednesday 25 August 2021 On June 3 of this year, the Biden administration made clear its commitment to tackling corruption around the world, issuing a document identifying the fight against corruption “as a priority of economic and national security” while committing to to take the lead in international efforts to “bring transparency to the global …

Wilson Sonsini Goodrich & Rosati has hired Manhattan federal prosecutor Jessica Rose Lonergan to join its New York litigation department, the law firm said on Tuesday. Lonergan, hired in an attorney role, has nearly 11 years of experience as a United States Deputy Attorney in the Criminal Division of the United States Attorney’s Office for …

Panasonic Avionics Corp., a manufacturer of in-flight entertainment systems based in Lake Forest, plans to lay off 221 employees next month as it grapples with the fallout from the COVID-19 pandemic. In a notice sent to the state’s employment development department last month, the company said the pandemic has slowed business down. The layoffs will …

JBS SA has repeatedly used its significant presence in the U.S. meat packaging industry to inflate profits at the expense of American families, according to a letter from American Sense Marco Rubio, R-Fla., And Bob Menendez, DN. J., to the secretary. Janet Yellen to renew their request that the Committee on Foreign Investment in the …

EExactly a year ago, I didn’t die of chemical weapon poisoning, and it seems corruption played a big part in my survival. Having contaminated the Russian state system, corruption has also contaminated the intelligence services. When a country’s top management is concerned about protection rackets and corporate extortion, the quality of covert operations inevitably suffers. …

PALO ALTO, California, August 9, 2021 / PRNewswire / – Wilson Sonsini Goodrich & Rosati, the leading provider of legal services to technology, life sciences and growth companies around the world, today announced that Jahna Hartwig joined the firm as Senior Counsel in the Washington DC, Desk. She will be a member of Wilson sonsini …

Washington-The US Department of Justice on Thursday returned an additional stolen $ 452 million from a Malaysian investment fund known as 1Malaysia Development Berhad (1MDB), adding at least the total amount sent to the Malaysian government over the five last years. He said it was $ 1.2 billion. .. The Justice Department said in a …

A South Florida resident was arrested in Miami yesterday on charges related to his alleged role in a scheme to bribe Venezuelan officials and launder funds to secure contracts from the state-controlled Venezuelan energy company , Petróleos de Venezuela SA (PDVSA), and The state-owned and controlled Venezuelan food company that purchased food for Venezuela, Corporación …

Global: Despite a slow start to the year, aggressive FCPA enforcement is probably not far away 03 Aug 2021 Arnold & Porter To print this article, simply register or connect to Mondaq.com. With a changing of the guard in Washington and the persistence of the COVID-19 pandemic, the application of the Foreign Corrupt Practices Act …

Today, Campaign for Accountability (CfA) asked the Securities and Exchange Commission (SEC) to investigate the Special Purpose Acquisition Company (SPAC) proposed transaction between DeepGreen Metals Inc. and Sustainable Opportunities Acquisition Corp. (SOAC), alleging that the required disclosures are inadequate. Filers appear to have failed to disclose material information regarding the backgrounds and litigation history of …

On June 30, 2021, the World Bank Group (the World Bank) announced the delisting of three companies for suspected misconduct liable to penalties: Crosswords Ltd. (“Crosswords”), Al-Zubairi Group for General Trading, Contracting, Transportation, and Oil Services (“Al-Zubairi”) and Companhia Brasileira de Projetos e Empreendimentos (“COBRAPE”). These are the last three out of 18 settlements reached …

As the coronavirus pandemic threatened to overwhelm Chinese hospitals last year, Chinese dealers appear to have colluded to inflate the prices of ventilators and other essential medical equipment from multinational companies such as Siemens, GE and Philips, according to a review recent public records on the sale of medical equipment in China. Hospitals have bought …

Law360 (July 19, 2021, 6:01 p.m. EDT) – The former US Department of Justice attorney whose legacy included a push to hold big banks accountable for market manipulation such as identity theft, leading to billions of high dollar settlements, joined Quinn Emanuel Urquhart & Sullivan LLP as a partner. Robert A. Zink was most recently …

Winston & Strawn Washington, DC office REUTERS / Andrew Kelly Law firms Related documents The company and law firm names shown above are generated automatically based on the text of the article. We are improving this functionality as we continue to test and develop in beta. We appreciate comments, which you can provide using the …

On Friday, June 25, 2021, Amec Foster Wheeler Energy Limited (Amec), a London-based global engineering company, entered into a Deferred Prosecution Agreement (DPA) with the United States Department of Justice (DOJ). The DPA stems from the DOJ’s filing of information accusing Amec of conspiring to violate the anti-corruption provisions of the Foreign Corrupt Practices Act …

Designed to streamline the myriad (and archaic) of anti-corruption and common law legislation that historically governed corporate bribery cases, the Bribery Act came into effect on July 1, 2011. Its purpose was to bring the UK on a par with other leading countries and put an end to the idea that UK enforcement agencies were …

NEW YORK – (BUSINESS WIRE) – July 12, 2021– Signpost solutions, a global leader in national and international investigations, compliance solutions, security and technology monitoring and consulting, today announced the hiring of Jeffrey Cramer as a senior general manager based in Chicago. Cramer is an accomplished investigation and business intelligence professional with over 20 years …

Legal offices of the law firm Winston & Strawn in Washington, DC. REUTERS / Andrew Kelly Law firms Related documents The names of companies and law firms shown above are generated automatically based on the text of the article. We are improving this functionality as we continue to test and develop in beta. We appreciate …

CHILD POVERTY PROGRAMS are at the center of Democrats’ work on a massive reconciliation plan, but most party proposals, even from committee chairs and party leaders, are likely to be left on the cutting room floor. With the pressure to keep the overall package price below $ 3 trillion, or even less, the only train …

The UK resolution of the John Wood Group PLC (Wood) Corruption Act violation has been released. Wood found himself in the position of “carrying the box” for the corrupt conduct of Foster Wheeler and the company that acquired him, Amec (Amec Foster Wheeler). One can only marvel at how much worse the facts listed in …

During several blog posts last week, I reviewed the Amec Foster Wheeler Foreign Corrupt Practices Act (FCPA) resolution, primarily in light of the Deferred Prosecution Agreement (DPA) and the Cessation Order and forbearance (order) entered into with the Securities and Exchange Commission. (SECOND). The facts listed in both the DPA and the ordinance made for …

Four people convicted of scheme to fraudulently obtain millions of dollars from COVID-19 relief programs After an eight-day trial, a federal jury sentenced four California residents for their plans to submit fraudulent loan applications soliciting millions of dollars in COVID-19 relief funds from the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL). Three …

According to the three years deferred prosecution agreement (DPA) entered into by the Company, and a SEC Consent Order, the Company engaged in a scheme to obtain a contract with the Brazilian state-owned oil company Petroleo Brasileiro SA (Petrobras), known as the UFN-IV project. Specifically, from approximately 2011 to 2014, the Company allegedly conspired with …

Donald Rumsfeld passed away yesterday. When the definitive story of the 21st century is written, no man can play a more central role than Rumsfeld. The reason? He led America in its disastrous war in Iraq. Not only was the basis of the war an outright lie that Saddam Hussein possessed weapons of mass destruction, …

According to Stanford Law School data, nearly 90% of foreign bribery cases (FCPA) alleging bribery involve the use of third-party intermediaries. This figure has not changed much over the past decade. Often in bribery and corruption cases the main culprits are employees and third parties who get along with each other and find ways to …

I conclude my review of Amec Foster Wheeler’s (Foster Wheeler) Foreign Corrupt Practices Act (FCPA) enforcement. Today I want to conclude with the result and some key lessons for the 2021 compliance professional. These facts are set out in the document from the Department of Justice (DOJ) Deferred prosecution agreement(DPA) and the Securities and Exchange …

On July 1, 2021, it will be ten years since the anti-corruption law entered into force. The law is widely regarded as a pioneering piece of legislation. In addition to raising the level of anti-corruption legislation globally, the law has profoundly influenced organizations’ attitudes towards compliance. We explore its successes, shortcomings and legacy through a …

The last weeks Publish summarized the main conclusions of the reports and accompanying fact sheet published by the White House on Supply Chain Resilience Pursuant to Executive Order 14017 “America’s Supply Chains” (“the Reports”). In this article, we delve into the transparency and supply chain governance recommendations for regulations governing the supply of critical minerals. …

SEC accuses Amec Foster Wheeler Limited of FCPA violations related to Brazil corruption program Washington, DC (STL.News) The Securities and Exchange Commission (SECOND) on Friday announced charges against Amec Foster Wheeler Limited (Foster Wheeler) for violations of the Foreign Corrupt Practices Act (FCPA) resulting from a bribery program that took place in Brazil. As part …

Amec Foster Wheeler Energy Limited (Amec Foster Wheeler or the Company), a subsidiary of John Wood Group plc (Wood), a UK-based global engineering company, has agreed to pay $ 18,375,000 to resolve the criminal charges stemming from a scheme to pay bribes to Brazilian officials in exchange for a contract of around $ 190 million …

The Honduran president is accused of stealing money from government coffers and accepting bribes from drug traffickers. The Guatemalan leader is known to have made government contracts with friends of the family. El Salvador’s president shut down the country’s internationally-funded anti-corruption agency and extended politicians’ immunity from prosecution. “Eradicating” corruption in Central America is key …

On July 1, 2021, it will be ten years since the anti-corruption law entered into force. The law is widely regarded as a pioneering piece of legislation. In addition to raising the level of anti-corruption legislation globally, the law has profoundly influenced organizations’ attitudes towards compliance. We explore its successes, shortcomings and legacy through a …

Law360 (June 21, 2021, 5:50 p.m. EDT) – The US Department of Justice reshuffles the leadership of its criminal division as senior deputy leaves for private practice, promoting acting fraud section chief Daniel Kahn, to the post of Deputy Assistant Attorney General and replace him with a veteran health care fraud attorney. Kahn will replace …

Jacquelyn M. Kasulis began serving as the United States Acting Prosecutor for the Eastern District of New York under the Vacancy Reform Act. Ms. Kasulis was sworn in today by Chief Justice Margo K. Brodie, United States District Court Judge for the Eastern District of New York. Ms. Kasulis has also been appointed First Assistant …

Law360 (June 18, 2021, 4:45 p.m. EDT) – The United States Supreme Court on Thursday released an important ruling regarding the liability of American corporations under the Alien Tort Statute for complicity in serious human rights violations to the foreign. The result was not the gutting of the law[1] feared by human rights defenders, but …

Law360 (June 18, 2021, 4:25 p.m. EDT) – First appointments and statements from the Biden administration confirm what white-collar practitioners expected: securities, money laundering and the law on practices corruption abroad. In modern corporate investigations, prosecutions rarely proceed without initiating prior negotiations between the US Department of Justice and defense attorney, and the anticipated spike …

‘Pras’ has been indicted by a federal grand jury for waging a back door campaign to get the Trump administration to drop an investigation into Jho Low and investment firm 1MDB. The scandal of the 1 Malaysia Development Berhad (1MDB) fund is not yet over. Last week, a District of Columbia grand jury released an …

Law360 (June 17, 2021, 4:51 p.m. EDT) – Sheppard Mullin Richter & Hampton LLP adds former Manhattan Federal Attorney Michael Gilbert to its government investigation team, after winning white-collar defense and law enforcement expert Foreign Corrupt Practices Act by Dechert LLP. Gilbert is joining as a New York-based partner in Sheppard Mullin’s government contracts, investigation …

Scott was twice appointed by the President and unanimously confirmed by the Senate to serve as United States Attorney for the Eastern District, from 2001 to 2009 and from 2017 to 2021. As State Attorney United, he oversaw federal prosecutions and civil litigation in 34 counties and oversaw 100 attorneys. Between these periods, he was …

On June 3, 2021, President Biden issued a national security memorandum, “Establishing the fight against corruption as a fundamental interest of national security.”[1] The first national security memorandum of his presidency,[2] it sets out the relevant policy and strategies to be implemented, including the direction of an interagency report and recommendations on how best to …

On June 3, 2021, President Biden issued a national security memorandum, “Establishing the fight against corruption as a fundamental interest of national security.”[1] The first national security memorandum of his presidency,[2] it sets out the relevant policy and strategies to be implemented, including the direction of an interagency report and recommendations on how best to …

Law360 (June 14, 2021, 8:54 p.m. EDT) – Head of the Department of Justice’s National Security Division to step down amid revelations about leakage investigations under former President Donald Trump, and be replaced by the Acting United States Attorney for the Eastern District of New York until a permanent replacement is confirmed by the United …

United States: President Biden says anti-corruption is fundamental US national security interest, orders 200-day interagency review to develop anti-corruption strategy June 14, 2021 Jenner & Block To print this article, simply register or connect to Mondaq.com. On June 3, 2021, President Biden released a National Security Study Memorandum declaring the fight against corruption as a …

On May 25, 2021, the US Department of Justice (“DOJ”) unsealed a charge indicting two Austrian citizens, Peter Weinzierl (“Weinzierl”) and Alexander Waldstein (“Waldstein”), for their role in a scheme to launder hundreds of millions of dollars through the US financial system on behalf of the Brazilian construction conglomerate, Odebrecht SA (“Odebrecht”). The indictment alleges …

On May 25, 2021, the US Department of Justice (“DOJ”) unsealed a charge indicting two Austrian citizens, Peter Weinzierl (“Weinzierl”) and Alexander Waldstein (“Waldstein”), for their role in a scheme to launder hundreds of millions of dollars through the US financial system on behalf of the Brazilian construction conglomerate, Odebrecht SA (“Odebrecht”). The indictment alleges …

Law360 (June 11, 2021, 7:51 p.m. EDT) – Toyota is under federal investigation for allegedly bribing Thailand’s Supreme Court justices to overturn a $ 350 million tax judgment. Frank Runyeon from Law360 joins the Pro Say podcast this week to explain what we know so far. Every week on Pro Say, Law360 staff Amber McKinney, …

Earlier this month, the Biden administration formally announced that fighting corruption is a core US national security interest. On June 3, 2021, the Biden administration issued a Memorandum on Establishing Anti-Corruption as a Fundamental Interest of the National Security of the United States. The memorandum states that the Biden administration “will lead efforts to promote …

In a long-awaited move by this company and other experts in the field, on June 3, 2021, the Biden administration released a policy statement making global anti-corruption efforts vital to the interests of national security of the country. The announcement is in line with expectations of anti-corruption experts that the Biden administration will push the …

On June 3, 2021, President Biden released his Presidency’s first National Security Study Memorandum, in which he declared the fight against corruption “a fundamental interest of the national security of the United States.”[1] The memorandum sets out the Biden administration’s policy to promote democracy and combat authoritarianism through increased efforts to root out corruption, including …

United States Attorney General Merrick B. Garland today announced a series of measures the Department of Justice has taken to address the threat posed by both corruption and cross-border trafficking networks. Attorney General Garland announced the creation of Integrated Task Force Alpha, a law enforcement task force that will organize the Department of Homeland Security’s …

BENGALURU: Five years after a corruption scandal rocked Cognizant, the case continues to be an irritant for the Nasdaq-listed IT company. One of the two senior leaders indicted in this case, former lawyer Steven Schwartz, accused Cognizant of spying on the defense camp. Cognizant refuted the claim in a New Jersey court that there was …

Law360 (June 4, 2021, 9:33 p.m. EDT) – Two U.S. attorneys appointed by Trump have landed in new firms, while WilmerHale, Jones Day, and Dechert LLP have recruited senior officials from the U.S. Department of Justice, including the former head of the department’s anti-corruption unit. Here is a look at some of the latest developments …

President Biden has made the fight against corruption a central pillar of his administration’s national security agenda, issuing a directive that the White House said would help strengthen collaboration between government agencies on issues such as kleptocracy and illicit financing. A note released Thursday kicks off an interagency process in which a series of departments …

Former special advocate Robert Mueller will help teach a course at the University of Virginia Law School on his Russian interference investigation in the 2016 presidential election, the school announced on Wednesday. The course, titled “The Mueller Report and the Role of the Special Counsel”, will be taught by three former senior members of the …

Louisiana Attorney General Jeff Landry’s new role as a paid board member of his main political ally’s oil services company raises questions about whether Landry is following a state law that directs the prosecutor general from devoting “his full time” to the attorney general’s office and forbids him to do any outside legal work. Landry …

Law360 (May 28, 2021, 10:34 p.m. EDT) – For those who missed the opportunity, here’s a look back at the law firms, stories and expert analysis that generated the most buzz on Law360 this week last. 11 most cited companies 1. Latham & Watkins LLP 2. Morgan Lewis & Bockius LLP 3. Gibson Dunn & …

SCRANTON, PA., May 28, 2021 / PRNewswire / – The training division of Lightstone Solutions, LLC announced today that it has expanded its training catalog on gaming regulations and human resource investigations. Lightstone training programs provide best practices and training on regulatory gaming investigations and internal workplace investigations and techniques. Trainees of all experience levels …

SCRANTON, PA., May 28, 2021 / PRNewswire / – The training division of Lightstone Solutions, LLC announced today that it has expanded its training catalog on gaming regulations and human resource investigations. Lightstone training programs provide best practices and training on regulatory gaming investigations and internal workplace investigations and techniques. Trainees of all experience levels …

By Eduardo Pérez A small West African country is currently under pressure from the United States to extradite a Venezuelan diplomat on money laundering charges. As a result, the little-known Cabo Verde is caught in the cross thread of allegiance to the United States and the West, strong economic partners, and its links with its …

Receive instant alerts when news about your stocks is available. Claim your 1-week free trial for StreetInsider Premium here. Frontline Ltd. (the “Company” or “Frontline”), today released unaudited results for the three months ended March 31, 2021: Strong points Net earnings of $ 28.9 million, or $ 0.15 per diluted share for the first quarter …