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Landmark bribery law passes US Congress
The Foreign Extortion Prevention Act (FEPA) makes accepting or soliciting bribes from US entities a criminal offence for foreign officials.
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Biotech company avoids DOJ charges after self-reporting payment of bribes
Lifecore Biomedical, Inc.’s efforts in self-reporting FCPA violations lead to declination decision from DOJ.
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Colombian firm to pay $80m to resolve foreign bribery investigations
Corficolombiana paid more than $28m in bribes to high-ranking government officials to win a massive infrastructure project.
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FCPA: Albemarle reports investigation resolution and fine to DOJ and SEC
Lithium producer Albemarle reaches a settlement in principle to resolve potential violations of Foreign Corrupt Practices Act.
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Bribes, crypto fraud and unregistered brokers attract SEC charges
In this week’s roundup, we see a mix of charges, including disclosure failings within a donor data management software company.
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Ericsson pleads guilty and pays $206m after breaching 2019 FCPA agreement
The company breached the Deferred Prosecution Agreement from 2019 by violating cooperation and disclosure provisions.
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Tool giant Stanley Black & Decker reveals possible foreign bribery violations
International transactions raise concerns over compliance with the Foreign Corrupt Practices Act.
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Honeywell to pay $202.7m to settle foreign bribery schemes
The company has admitted multiple charges for bribing officials in Brazil and Algeria.