March 13, 2019

FCPA Self-Reporting Program Makes Headway

The Department of Justice has publicized at least 12 Foreign Corrupt Practices Act (FCPA) cases in which prosecutors have declined to charge companies who self-reported wrongdoing, the Wall Street Journal reports.

These decisions demonstrate the impact of the FCPA compliance policy that the DOJ implemented in 2017. The policy incentivizes strong corporate compliance programs and cooperation with government investigators by taking these factors into account when the DOJ makes decisions about whether and to what extent to prosecute companies over FCPA violations. Ephraim Wernick, assistant chief of the Justice Department’s FCPA unit, highlighted the recent example of a technology company that avoided criminal charges under the FCPA by quickly and proactively disclosing possible misconduct by two executives allegedly involved in illicit payment schemes in India.

News ILR and the U.S. Chamber of Commerce Foundation Partner with Howard Law School for New Fellowship, Scholarships Other Issues News Judge Blocks Prop 65 Lawsuits Citing 'Unresolved Scientific Debate' Class Action Litigation News Asbestos Lawyer Who Was Prevented From Practicing In Iowa Is Now Trying To Practice In South Carolina News In The News Today-April 7, 2021 Third Party Litigation Funding (TPLF) News Opinion: WV Intermediate Appellate Court Will Benefit The Mountain State Other Issues
We Use Cookies to Make your Experience Better

What do we use cookies for?

We use cookies and similar technologies to recognize your repeat visits and preferences, as well as to measure the effectiveness of campaigns and analyze traffic. To learn more about cookies, including how to disable them, view our Cookie Policy. By clicking "I Accept" or "X" on this banner, or using our site, you consent to the use of cookies unless you have disabled them.