Orthofix International Resolves FCPA Investigation
Orthofix International N.V. (“Orthofix”) entered into a consent to final judgment with the SEC and a deferred prosecution agreement with the DOJ to resolve FCPA violations by its Mexican subsidiary....
View ArticleThe Importance of Bribery and Corruption Due Diligence in Corporate Transactions
To protect themselves from breaking the UK Bribery Act and Proceeds of Crime legislation, those involved with corporate transactions (including mergers, acquisitions or investments) need to ensure...
View ArticleMonthly China Anticorruption Update Report-August 2012
The most recent FCPA and anticorruption enforcement developments involving the People’s Republic of China (PRC) are summarized below. Thanks as always to Squire Sanders Shanghai Office for monitoring...
View ArticleMonthly China Anticorruption Update Report-September 2012
The most recent FCPA and anticorruption enforcement developments involving the People’s Republic of China (PRC) are summarized below. Thanks as always to Squire Sanders Shanghai Office for monitoring...
View ArticleBribery fears increase as UK businesses encouraged to boost export performance
As part of the UK government’s remodelling of the British economy, UK businesses are being encouraged to widen their export base. Given the intransigent economic problems in the Eurozone, traditionally...
View ArticleJudge Hands Down Sentences on Former CCI CEO, Sales Director
On November 8, 2012, Judge James Selna (C.D. Cal.) sentenced Stuart Carson, former CEO of Control Components Inc. (“CCI”), and his wife, Hong Rose Carson, the company’s former sales director, for their...
View ArticleReport shows that compliance with OECD Anti-Bribery Convention remains...
Transparency International has recently published its 8th annual progress report on compliance with the OECD Convention on Combating Bribery of Foreign Public Officials in International Business...
View ArticleBribery Act Investigations at Rolls Royce
Rolls-Royce, the world’s second largest aircraft engine maker, made a public announcement on the 6 December 2012 that it has provided information to the Serious Fraud Office (SFO) in relation to...
View ArticleM&S strengthens its anti-bribery controls in India
British retail giant Marks & Spencer (M&S) is attaching strict anti-bribery clauses to agreements in India as the company moves ahead with its expansion plans in the country. M&S currently...
View ArticleFirst self-report settlement in Scotland
The Scottish Civil Recovery Unit is to recover £5.6 million under Proceeds of Crime legislation after a Scottish drilling company, Abbot Group Limited (“Abbot”), admitted it had benefited from corrupt...
View ArticleSEC Adopts Final Rules Providing for Cash Award Payments to Whistleblowers
On May 25, 2011, the Securities and Exchange Commission (SEC) adopted final rules implementing the controversial “whistleblower” provisions of the Dodd-Frank Act, which provide for the payment of...
View ArticleMonthly China Anti-Bribery Update Report — March 2014
1. New law or regulation State level: (1) On March 18, 2014, the General Office of the Communist Party of China (“CPC”) Central Committee and the General Office of the State Council jointly issued the...
View ArticleMonthly China Anti-Bribery Update Report — April 2014
1. New law or regulation State level: No developments. Local level (Beijing & Shanghai): (1) It was reported on April 27, 2014 that the Shanghai government recently issued the Provisions on...
View ArticleMonthly China Anti-Bribery Update Report — May 2014
1. New law or regulation State level: No developments. Local level (Beijing & Shanghai): No developments. Communist Party Rules: No developments. 2. Upcoming law or regulation No...
View ArticleMonthly China Anti-Bribery Update Report — June 2014
1. New law or regulation State level: No developments. Local level (Beijing & Shanghai): No developments. Communist Party Rules: No developments. 2. Upcoming law or regulation No developments....
View ArticleNew Guidance published in the UK on Countering Small Bribes in Business
Transparency International UK (“TIUK”), the UK Chapter of the world’s leading non-governmental anti-corruption organisation, has recently published guidance (the “Guidance”) advising businesses on good...
View ArticleMonthly China Anti-Bribery Update Report — July 2014
1. New law or regulation State level: (1) On July 16, 2014, the General Office of the Communist Party of China (“CPC”) Central Committee and the State Council jointly issued the Guiding Opinions on...
View ArticleMonthly China Anti-Bribery Update Report — August 2014
1. New law or regulation State level: No developments. Local level (Beijing & Shanghai): No developments. Communist Party Rules: No developments. 2. Upcoming law or regulation No...
View ArticleMonthly China Anti-Bribery Update Report — October 2014
1. New law or regulation State level: No developments. Local level (Beijing & Shanghai): No developments. Communist Party Rules: No developments. 2. Upcoming law or regulation (1) It...
View ArticleChina Data Privacy Update
Peter William Humphrey, a British citizen, and his American wife, Yu Yingzeng, were prosecuted on August 8, 2014 in Shanghai No.1 Intermediate People’s Court for illegally obtaining the personal...
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