We’re at $480 million in criminal fines and counting in related Foreign Corrupt Practices Act cases. The latest Department of Justice Press release is available here. Snamprogetti Netherlands B.V., (Snamprogetti) has agreed to pay a $240 million criminal penalty to resolve charges related to the Foreign Corrupt Practices Act (FCPA) for its participation in a […]
Day: July 7, 2010
The latest on French campaign finance law
A Frenchman can give more to a candidate in France than a U.S. citizen can give to a Federal candidate in the U.S.? Just one of the interesting questions raised in this Post story about questions facing President Sarkozy’s alleged acceptance of a large cash contribution from L’Oreal billionaire Liliane Bettencourt. Here’s more from France24. […]
Wading through SEC’s new pay to play rules?
The Federal Election Commission has a new “tip for treasurers” on the SEC’s new rules. The tip? Don’t call the FEC, call the SEC. Covington’s got an overview of the new rules here. The rules are available here. Not sure they made the Federal Register, yet. Footnote 154 speaks to inaugural and transition expenses. The […]