By Aaron Nicodemus2024-01-25T18:01:00
Third parties in China are at high risk of participating in bribery schemes with government employees. U.S. regulators have prosecuted violations of the Foreign Corrupt Practices Act (FCPA) in China more than any other country by a significant margin.
There have been 117 FCPA cases since 1978 involving violations in China prosecuted by the Department of Justice (DOJ) and Securities and Exchange Commission (SEC), according to statistics compiled by law firm Gibson Dunn. Nigeria (77) was a distant second, followed closely by Mexico (67), Brazil (60), Indonesia (53), and Iraq (51).
This is not to say corruption in China is worse than the other countries, said Kelly Austin, a Gibson Dunn partner, in a recent webcast held by the firm on FCPA enforcement trends in emerging markets.
2024-02-20T14:55:00Z By Aaron Nicodemus
Recent enforcement actions offer guidance on what the Department of Justice considers to be an “imminent threat” of disclosure or government action, what it means by “prompt” disclosure, and how a company can earn credit for revealing all relevant facts.
2024-02-01T15:57:00Z By Jeff Dale
Multinational produce and agriculture company Calavo Growers disclosed in an annual filing an investigation into its Mexico operations found potential issues under the Foreign Corrupt Practices Act.
2023-11-01T16:06:00Z By Kyle Brasseur
GE HealthCare said it is cooperating with reviews by the Department of Justice and Securities and Exchange Commission into potential violations of the Foreign Corrupt Practices Act in China.
2025-10-08T18:28:00Z By Adrianne Appel
Charlie Javice, a former CEO who duped JPMorgan Chase into purchasing her start up company for $175 million, has been ordered to forfeit more than $22 million by the Department of Justice (DOJ) and to spend 7 years in jail.
2025-10-07T16:08:00Z By Adrianne Appel
Georgia Tech Research Corp. (GTRC) has agreed to pay $875,000 to settle allegations first raised by two compliance officers that its cybersecurity protocols violated acceptable standards for defense contractors, the Department of Justice (DOJ) said.
2025-10-06T17:12:00Z By Adrianne Appel
Tractor Supply Company has agreed to get into compliance with California’s consumer privacy law and to pay a $1.35 million fine—the largest yet by California—to settle allegations it violated the privacy rights of customers and job applicants.
Site powered by Webvision Cloud