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Voluntary Self-Disclosure of FCPA Violations Following Acquisition Avoids Corruption Charges

Government Contracts & Investigations

The Foreign Corrupt Practices Act (“FCPA”) prohibits U.S. companies from engaging in bribery and corruption abroad when the payments are directed at foreign government officials to gain an improper business advantage. [4] 3] What is the FCPA? American companies acquiring foreign corporations need to assess the risks carefully.

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Tackling Corruption in the Arbitral Process: Reflections on Nigeria v Process and Industrial Developments Limited

Kluwer Arbitration

P&ID’s Chief Executive Officer, Mr Quinn, had conducted himself dishonestly in giving evidence at the Court of which parts were knowingly false, namely that P&ID had procured the contract with Nigeria through corrupt payments to a Nigerian official. Is More Transparency Necessary to Ensure the Integrity of the Process?

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ICCA Hong Kong 2024: Advocacy, Procedures, and Ethics in Focus

Kluwer Arbitration

Inter-Personal Conduct and Ethics For the first parallel panel of the early afternoon session, moderator Abby Cohen Smutny was joined by speakers Funke Adekoya , Brandon Bang , Nicolás Gálvez Solis , Matthew Gearing KC and Jonathan Lim to discuss ICCA’s Guidelines on Standards of Practice.

Ethics 52
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Digging out data to shine a light on public buying in Mongolia

Open Contracting Partnership

To tackle this problem, the country has proposed wide-ranging legislation , including an anti-corruption package with measures to standardize the operations of Mongolia’s state-owned enterprises (SOEs) and ensure they follow consistent rules throughout processes like tendering and procurement, among others.

Data 115
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“Help Wanted”: Justice Department Debuts its Corporate Whistleblower Awards Pilot Program

Government Contracts Legal Forum

Spotlight on Ethical and Transparent Corporate Culture The new pilot program underscores DOJ’s commitment to fostering a corporate culture of integrity and accountability, and sends a clear message to would-be whistleblowers and corporate entities alike.

IT 52
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ICCA Hong Kong 2024: “International Arbitration: A Human Endeavour”

Kluwer Arbitration

Professor Garth’s talk will offer a rigorous exploration of the ethical and moral foundations that have influenced international arbitration throughout its history. Day Two: Advocacy, Procedures, and Ethics in Focus Our second day shifts focus towards how people shape international arbitration.

Ethics 52
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LIDW 2024: Lawyer (Mis)Behaviour in International Arbitration

Kluwer Arbitration

Dr Baltag first observed that one of the challenges arbitration practitioners are currently facing with regards to ethics and regulation of misbehaviour in international arbitration is the diversity of relevant and applicable standards.

Ethics 52