Battling bribery and corruption remains a core priority of the Biden Administration, with the DOJ and SEC aggressively enforcing the FCPA. In 2022, the DOJ and SEC assessed nearly $1.4 billion in penalties and fines, a significant increase over 2021. In addition, in early 2023, the DOJ announced significant new expectations in the context of corporate enforcements and voluntary disclosures.
FCPA settlements reached in the past year provide important lessons for companies and their counsel. Among recent enforcement actions are the DOJ’s prosecution of Glencore, which resulted in a $700 million fine for FCPA violations, a guilty plea, and appointment of a three-year compliance monitor, and the $460 million settlement with three-time offender ABB Ltd. There are important lessons from several other settlements as well.
Please join Bass, Berry & Sims attorneys Lindsey Fetzer and Thad McBride, alongside Mahesh Joshi from NCR for a lively and timely discussion of recent FCPA enforcement activity on Tuesday, May 23, 2023 at 1pm ET/12pm CT. Topics will include:
- A recap of recent settlements.
- Analysis on what these actions show about best practices related to third-party due diligence, books and records, and doing business with government officials.
- How companies should assess the new DOJ guidance in deciding whether to make a disclosure, and how to conduct an investigation.
Please click here to register.
Who Should Attend?
- In-house legal counsel
- Compliance officers
- C-level executives, consultants and principals
Accreditation
Tennessee CLE
This program is pending approval for one hour General Tennessee CLE credit. Please provide your BPR number upon registration in order for Bass, Berry & Sims to report your participation to the Tennessee CLE Commission following the conference.
Other State CLE
Bass, Berry & Sims does not seek direct accreditation from states outside of Tennessee, but some states allow attorneys to earn credit through reciprocity or self-submission. Certificates of completion and other common supporting documents will be provided for use in jurisdictions outside of Tennessee.
Questions?
Submit your questions for presenters upon registration or email questions to Brandy Bea.