It’s Like the “Who’s Who” of International Corruption and Bribery
Law firm Morrison & Foerster has published an end-of-summer roundup of Foreign Corrupt Practices Act enforcement. It’s a nine-page must-read for any company that does business internationally:
“While the temperatures rose this summer, the number of Foreign Corrupt Practices Act (“FCPA”) enforcement actions seems to have cooled off for the first time in the last five years. However, the leveling-off in the number of cases is not an indication that US regulators are losing interest in FCPA enforcement. To the contrary, all indications are that the fight against corruption — in the United States and elsewhere — will continue to heat up in the months and years to come…
The Summer 2012 developments have reinforced that the government’s aggressive enforcement of the FCPA remains a hot priority. While the promised DOJ guidance may give some additional contours to FCPA enforcement, with the increased heft and breadth of the global fight against corruption, companies are well advised to make anti-corruption compliance a top priority.”
Read all about it: FCPA + Anti-Corruption Developments: 2012 End of Summer Round-Up - Morrison & Foerster LLP