The Foreign Corrupt Practices Act (FCPA), initially a well-intentioned law designed to keep international commerce above board, has not evolved to reflect changes in the… Read More
September 16, 2024
On Wednesday, May 13th, the Institute for Legal Reform’s (ILR) Executive Vice President John Abegg joined Gary Salamido, President and CEO of the North… Read More
May 13, 2020
Ephemeral messaging has completely changed how companies communicate around the world. These apps are faster, easier and can be more secure than email.
But since 2017, companies have had to wonder what's up with using WhatsApp (and other similar platforms) while cooperating with Department of Justice (DOJ) Foreign Corrupt Practices Act (FCPA) investigations. Read More
March 13, 2019
The U.S. Department of Justice (DOJ) has placed a welcome focus lately on enlisting businesses as partners instead of adversaries in the fight against corporate wrongdoing. One way to strengthen this partnership is to offer concrete incentives for companies to make an up-front investment in ethics and compliance programs designed to detect and prevent violations in the first place. Read More
June 15, 2018
U.S. Deputy Attorney General Rod Rosenstein said the Department of Justice now may pass on criminal charges if companies disclose foreign bribery violations, reports Bloomberg Politics. Read More
November 30, 2017
WASHINGTON, D.C. — Lisa A. Rickard, president of the U.S. Chamber Institute for Legal Reform (ILR), made the following statement about the U.S. Department of… Read More
April 6, 2016
// Annual Legal Reform Awards Luncheon – Special Remarks by: Thomas J. Donohue, President and Chief Executive Officer, U.S. Read More
October 27, 2015
WASHINGTON, D.C.—In a letter sent today, the U.S. Chamber Institute for Legal Reform (ILR) and more than 30 state, national, and international business and advocacy groups responded to guidance released by the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) regarding their enforcement of the Foreign Corrupt Practices Act (FCPA). The letter commends the DOJ and the SEC for the clarity the guidance brings to certain enforcement issues, while also outlining where the business community requests further clarification. Read More
February 19, 2013
WASHINGTON, D.C.—U.S. Chamber Institute for Legal Reform (ILR) President Lisa A. Rickard today made the following statement about guidance released by the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) on enforcement of the Foreign Corrupt Practices Act (FCPA):
“We commend DOJ and the SEC for upholding their commitment to issue guidance this year under the FCPA and for hearing out the business community’s concerns. This is the first time the key enforcement agencies have produced a unified document outlining interpretations, rationales and overall guidance for compliance. Read More
November 14, 2012
At the 13th Annual Legal Reform Summit on October 24, 2012, we pulled aside George J. Terwilliger, III, Senior Partner, White & Case LLP, and Matthew Miner, Partner, White & Case LLP, to discuss a new paper entitled, "Legal Limbo: Seeking Clarity in How and When the Department of Justice Declines to Prosecute." Read More
October 26, 2012
This paper addresses the need for change and improvement in the process by which the Department of Justice ("DOJ" or "the Department") notifies subjects of its investigations that matters have been closed with no prosecution and in how the Department documents publicly the generic reasons behind these decisions. Read More
October 24, 2012
WASHINGTON, D.C.—The U.S. Chamber Institute for Legal Reform today hosted a roundtable discussion on the Foreign Corrupt Practices Act (FCPA), and forthcoming guidance from the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) on enforcement of the statute. Read More
April 11, 2012
WASHINGTON, D.C.—The U.S. Chamber Institute for Legal Reform (ILR) and a broad-based business coalition today sent a letter to the Department of Justice (DOJ) and Securities and Exchange Commission (SEC) regarding forthcoming guidance on enforcement under the Foreign Corrupt Practices Act (FCPA). The letter identifies numerous critical areas that the administration’s guidance should address in order to provide much needed clarity and certainty for businesses making a good faith effort to comply with the statute. Read More
February 21, 2012
WASHINGTON, D.C.—Lisa A. Rickard, president of the U.S. Chamber’s Institute for Legal Reform, issued the following statement regarding Assistant Attorney General Lanny Breuer’s announcement today that the Department of Justice would issue guidance on the enforcement of the Foreign Corrupt Practices Act (FCPA). Read More
November 8, 2011
This Legal Reform Summit panel examined regulatory and enforcement activity through the lens of the False Claims Act, Foreign Corrupt Practices Act, The Lacey Act, exclusion authority, and the activities at the Securities Exchange Commission. Read More
October 26, 2011
WASHINGTON, D.C. – Lisa A. Rickard, president of the U.S. Chamber Institute for Legal Reform, issued the following statement regarding the House Judiciary Subcommittee on Crime, Terrorism, and Homeland Security’s hearing today to examine the Foreign Corrupt Practices Act (FCPA): Read More
June 13, 2011
This paper presents a series of amendments that would serve to improve the U.S. Foreign Corrupt Practices Act ('FCPA'). That statute was enacted by Congress and signed into law by President Carter in late 1977. Congress's primary aim in enacting the FCPA was to prohibit U.S. companies and companies operating in the U.S. from paying bribes to foreign government officials, politicians, and political parties for the purpose of obtaining business opportunities abroad. Read More
October 27, 2010
Feinberg Headlines ILR Summit to Address Alternatives to Lawsuits Following Major National Disasters
WASHINGTON, D.C.—At the U.S. Chamber Institute for Legal Reform’s 11th Annual Legal Reform Summit, Kenneth R. Feinberg today presented an alternative model to traditional litigation for settling claims resulting from major disasters such as the Gulf of Mexico oil spill. Drawing from his roles as Independent Claims Adjuster for the BP Deepwater Horizon Spill Disaster Victim Compensation Fund and former manager of the 9/11 Victims Compensation Fund, Feinberg headlined the day-long Summit that focused on lawsuit abuse during a major economic downturn. Read More
October 26, 2010