Welcome to Dorsey & Whitney’s monthly Anti-Corruption Digest. The Digest puts material regarding anti-corruption enforcement from around the world at your fingertips, drawing together the keeping you ahead of critical events that impact business everywhere. The Digest is grouped by continent to allow you to quickly focus on the key areas of the world most relevant to you.
Since this is the first edition of 2017, the May Digest covers all of the matters from January 1, 2017 to date. Thus, for example, in the U.S., the Digest includes a story on the aftermath of the Och-Ziff FCPA cases, one of the largest enforcement actions in FCPA history and the most recent events in the Odebrecht case involving a Brazilian construction firm accused of making illicit payments totaling $788 million and whose global settlement may be the largest to date.
In the U.K., the Digest discusses the Serious Fraud Office’s increased use of deferred prosecution agreements. This includes a review of the agreement with Rolls-Royce to conclude the agency’s largest corruption investigation to date. Other news out of Europe includes the OECD Integrity Forum that took place in In Paris in March and the arrest of a Bombardier executive by the Swedish government. In Asia, the Digest reports on China’s investigation into the head of the country’s top insurance regulatory body and a rare corruption case in Singapore involving a former BP Singapore executive.
The Digest also provides insight into new laws and regulations aimed at corruption and bribery which impact global business. For example, the Digest reviews the U.K.’s the roll out of the new Senior Managers Certification Regime and how it will effect individual executives liability, the new anti-corruption bill introduced in the U.S. senate, Germany’s draft bill for a “competition Register,” and Peru’s steps to complete its OECD membership.
We hope you find this information useful. To view this issue, click here.