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International Trade Enforcement Roundup – November 2023 Update

GovCon & Trade

The DOJ entered into Deferred Prosecution Agreements (DPAs) with two British reinsurance companies for bribing Ecuadorian officials in violation of the Foreign Corrupt Practices Act (FCPA). sanctions programs.

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International Trade Enforcement Roundup – September 2023 Update

GovCon & Trade

Two noteworthy Foreign Corrupt Practices Act (FCPA) settlements were announced in September. chemical manufacturer Albemarle paid over $200 million to settle FCPA allegations with the DOJ and Securities and Exchange Commission (SEC). First, U.S.

Media 147
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How exporting weapons becomes risky for contractors who make the exports

Federal News Network

Manufacturers of platforms and ammunition must deal with a list of regulatory and legal challenges. Interview Transcript: Tom Temin And we think of the defense industrial base has strained in terms of capacity to manufacture what’s needed around the world and, you know, missile systems and ammunition and so forth.

Export 110
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The upcoming bundling of procurement in the EU

Telles.eu

In that article Klein presents a critique on the idea of adding absolutely disconnected objectives to the Inflation Reduction Act (IRA) main intervention planks on green energy and semiconductor manufacturing, calling it 'bundling'. I would add that corruption is not far behind. When is a factory not a factory?

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Updating the UNCITRAL Model Procurement Law for “Green Procurement”

Public Procurement Intl

These and other constraints under the model law are commendable anti-corruption measures, but may make it more difficult to accommodate emerging “green procurement” approaches. Article 8, for example, warns the procuring agency, “when first soliciting the participation of.

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Misreporting of Tesla Safety Violations Highlight Narrow Parameters of SEC Whistleblower Program and Need for Employee Education

Whistleblower Network News

Blowing the Whistle on Tesla The data provided by Krupski detailed thousands of accident reports, trouble manufacturing the Cybertruck pickup, and internal communications that exposed flaws with the company’s Autopilot driver-assistance software.

Education 102
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A Look at Direct v. Indirect Supplier Management in Three Industries

ivalua

Industry: Manufacturing. In manufacturing, materials, components and assemblies that will be sold to customers are direct spend while facilities, equipment, consumable supplies and MRO are indirect. Direct spend suppliers, on the other hand, must deliver a different level of ROI.