Anti-Corruption & Foreign Corrupt Practices Act
Anti-Corruption & Foreign Corrupt Practices Act
Our team has unsurpassed experience in counseling and defending U.S. and foreign companies and individuals in matters relating to the U.S. Foreign Corrupt Practices Act and similar anti-corruption laws. We are frequently contacted when a potential corruption issue arises, and are go-to counsel for investigations and enforcement proceedings before the U.S. Department of Justice (DOJ), the Securities & Exchange Commission (SEC) and the Multilateral Development Banks, including the World Bank. In addition, we advise clients considering transactions in high-risk markets or with business partners with high anti-corruption risks. We also counsel clients who are designing compliance programs and in conducting risk assessments.
Walter Ricciardi, Kevin Loftus and Daniel McCallum Publish Article in Asialaw
July 29, 2009 Full PDF
Litigation partner Walter Ricciardi, counsel Kevin Loftus and summer associate Daniel McCallum published an article in the July 2009 issue of Asialaw on the increased enforcement of the Foreign Corrupt Practices Act (FCPA) in recent years. The article, "FCPA: The Longer Arm of the Law," notes that the SEC has filed more FCPA cases since 2006 than it had in all of the prior 28 years since the law was enacted, and how U.S. authorities have increasingly focused on conduct in China. The article explores how the aggressive FCPA regulatory climate presents significant compliance challenges for multinational companies doing business in China and discusses some practical steps companies can take to manage those risks.