Menu7/29/16: In July, the European Commission adopted a proposal to reinforce EU rules against money laundering and terrorist financing. The proposal amends the Fourth Anti-Money Laundering Directive to “… better counter the financing of terrorism and to ensure increased transparency of
Compliance Communications Blog
Jul 15, 2016 •
7/15/16: Although the Department of Justice’ proposed legislation to advance US anti-corruption efforts remains waiting for approval by the US Congress, it represents an important signal to compliance professionals about DOJ’s thinking. The proposal involves legislative amendments relating to the illegal proceeds of transnational corruption and other substantive corruption offenses. One of the most significant provisions is
Jul 15, 2016 •
7/15/16: A post by Alison Taylor and James Cohen for The FCPA Blog on Thursday, June 30, 2016 at 9:28AM begins, “In the future, compliance officers will need to anticipate and respond to a transformation in business ethics.” From that point forward, the authors point to six trends that may be included in that transformation. Number one on the list:
Jul 15, 2016 •
7/15/16: In a prepared statement before the US House of Representatives Committee on the Judiciary (Subcommittee on Regulatory Reform, Commercial and Antitrust Law), FTC Commissioner Maureen Ohlhausen provides worthwhile insight into the thinking, actions and plans of the FTC toward global antitrust enforcement. Among the points she highlighted were
Jun 24, 2016 •
6/24/16: Earlier this year, the US Department of Justice announced a pilot program to encourage companies to report potential FCPA violations. The enticement for those companies was the possibility of a reduction of fines set by the US Sentencing Guidelines. Even more enticing, DOJ indicated that it would consider a declination for companies that met the guidelines of the pilot program.
