The North America section of the Digest discusses recent FCPA settlements, including:

  • Petrobras’ $1.78 billion settlement with the SEC and DOJ, along with a number of other noteworthy resolutions;
  • Two recent declinations by the SEC and one by the DOJ.

In the Europe section of the Digest you’ll find discussion regarding a number of topics, including:

  • The landmark U.K. case confirming the right to withhold documents based on legal privilege in fraud cases; and
  • ING’s €775 million settlement with Dutch officials over compliance issues which had permitted companies to launder millions of euros over a six year period.

The Digest also looks at recent developments in Asia and the Middle East. These stories include:

  • Saudi Arabia’s abolishment of its statute of limitations for corruption cases; and
  • The efforts of prosecutors to obtain the maximum sentence for former South Korean president Lee Myung-bak, charged with abuse of power, embezzlement, and accepting bribes.

Sections on Latin America and Africa discuss unfolding events which include:

  • Former Argentine President Cristina Fernandez indicted on charges that her administration accepted bribes; and
  • South Africa’s investigation into whether German software company SAP paid a $2 million kickback in order to win a contract with the government.

We hope you find this information useful. To view this issue, click here.

Corruption issues are also addressed on the Computer Fraud website at and SEC Actions blog at To subscribe to future editions of the Anti-Corruption Digest, click here.