- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2025-05-05T13:42:00
The Department of Justice (DOJ) has ended a FCPA-related non-prosecution agreement (NPA) more than a year early. This scaling back of regulatory enforcement by the federal government has been a growing trend since the start of the Trump administration.
Albemarle Corp., a North Carolina-based specialty chemicals manufacturing company, disclosed to the Securities and Exchange Commission Thursday in a 10-Q filing that the Department of Justice ended its three-year post non-prosecution agreement (NPA) reporting period in April.
“In April 2025, the Company concluded its non-prosecution agreement with the U.S. Department of Justice (“DOJ”) prior to the end of its term in recognition that the terms of the agreement had been satisfied. The non-prosecution agreement was implemented in September 2023 following the Company’s self-reporting of a matter that occurred in 2018.”
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
2024-05-29T18:30:00Z By Aaron Nicodemus
For successfully navigating thorny compliance issues related to self-disclosed violations of the Foreign Corrupt Practices Act, Albemarle was named Compliance Program of the Year at the 2024 Excellence in Compliance Awards.
2024-04-04T00:41:00Z By Aaron Nicodemus
Former Albemarle CCO Andrew McBride explained at Compliance Week’s 2024 National Conference how he led the company’s compliance department to remediate the issues that led to apparent FCPA violations and how the team used data analytics to assess risks and implement compliance solutions.
2024-03-04T16:17:00Z By Aaron Nicodemus
Andrew McBride, former chief risk and compliance officer at chemical company Albemarle Corp., joins the Compliance Week podcast with Aaron Nicodemus to preview his session at CW’s National Conference in Washington, D.C.
2025-04-16T16:00:00Z By Aaron Nicodemus
The U.S. Department of Justice ended two compliance monitorships on Glencore International more than a year early, monitorships imposed in 2022 after the company was convicted of paying bribes and manipulating commodities markets.
2023-03-16T15:11:00Z By Kyle Brasseur
The United States broke from a three-year downturn in bribery-related enforcement actions, while Brazil continued its emergence in the space, according to the results of the latest annual Global Enforcement Report by nonprofit TRACE.
2022-03-18T18:21:00Z By Jaclyn Jaeger
The number of U.S. foreign bribery enforcement actions slowed notably in 2021, while the overall pace of transnational anti-bribery enforcement actions and investigations lagged worldwide, according to TRACE International’s latest enforcement report.
Site powered by Webvision Cloud