Anti-Corruption, Shell Corporations, Foreign Corrupt Practices Act (FCPA)

Internal Control Lessons Learned from Global Anti-Corruption Enforcement in 2024

Ankura on 3/28/2025

2024 saw another strong year of Foreign Corruption Practices Act (FCPA) enforcement actions from the United States Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). There were 15 resolutions with...more

Settlement with Swedish Telecom Giant Falls Just Short of First $1 Billion FCPA Resolution

Robinson+Cole Manufacturing Law Blog on 10/30/2017

In September, the U.S. government announced a nearly $1 billion FCPA (Foreign Corrupt Practices Act) settlement with the Swedish telecommunications company Telia. The total monetary payment in this global resolution makes it...more

Important Polling Results from BVD Webinar on Beneficial Ownership

The Volkov Law Group on 7/18/2017

On July 5, 2017, Bureau Van Dijk, a sponsor of my blog, conducted a webinar on the importance of beneficial ownership information to corporate compliance functions....more

Good-Bye to Wyatt Earp and More on 1MDB

Thomas Fox - Compliance Evangelist on 9/7/2016

Wyatt Earp died this week. Not the original Wyatt Earp who died in 1929 but the Wyatt Earp of my lifetime, who was actor Hugh O’Brian. O’Brien portrayed Earp in the long running television series Wyatt Earp which ran in the...more

Are Your Company’s Legal, Due-Diligence, De-risking, or Compliance Obligations Impacted by the “Panama Papers”?

K&L Gates LLP on 4/12/2016

In an unprecedented event earlier this week, 11.5 million files from the Panamanian law firm Mossack Fonseca were allegedly leaked. Assuming they are genuine, as appears to be the case, these “Panama Papers” offer a...more

British PM Leads The Fight Against Shell Corporations

Thomas Fox - Compliance Evangelist on 6/12/2013

One of the critical areas in due diligence for foreign business partners is determining who are the true owners of an entity....more