McGuireWoods’s Mark Brezinski notes the increase in Foreign Corrupt Practices cases and aggressive prosecution in this Post op-ed today. Among the more underreported developments of the Obama administration is the ramp-up in international “anti-bribery” enforcement. The surge in investigations and prosecutions regarding the Foreign Corrupt Practices Act (FCPA) has produced real buzz that the days […]
Category: FCPA
Financial regulatory reform and an FCPA bounty
FCPA Blog reports on the financial regulatory reform bill and an FCPA whisteblower bounty. Under the bill, which still needs to be reconciled with the House version and signed into law, FCPA whistleblowers could receive from 10% to 30% of amounts recovered through enforcement actions. The SEC would decide the final amount based on the […]
Longest prison sentence ever for Foreign Corrupt Practices Act violation
The Department of Justice issued this press release on the longest-ever prison sentence for a violation of the Foreign Corrupt Practices Act handed down today: 87 months.