- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jaclyn Jaeger2022-09-01T15:04:00
A Foreign Corrupt Practices Act case that has been the center of a back-and-forth court battle for nearly a decade appears to have come to an end, giving chief compliance officers and in-house counsel at least some degree of finality regarding the jurisdictional scope of the FCPA.
In United States v. Hoskins, a divided three-judge panel for the U.S. Court of Appeals for the Second Circuit held on Aug. 12 the foreign national at the heart of the case had not acted as an “agent of a domestic concern” and thus fell outside the extraterritorial reach of the FCPA.
The underlying dispute concerned FCPA charges brought by the Department of Justice (DOJ) in 2013 against Lawrence Hoskins, a U.K. citizen and former senior executive at the British subsidiary of French power and transportation company Alstom.
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.
2022-12-05T16:19:00Z By Aaron Nicodemus
ABB agreed to pay $327 million in penalties to settle coordinated charges it paid bribes to win South African energy contracts. The company entered into a three-year deferred prosecution agreement with the DOJ for violations of the Foreign Corrupt Practices Act.
2022-10-13T13:46:00Z By Jaclyn Jaeger
The most notable and relevant details in settlement agreements concerning regulatory compliance violations are often what is not stated. The SEC’s cease-and-desist order against Oracle over violations of the Foreign Corrupt Practices Act is no exception.
2022-10-13T12:34:00Z By Neil Hodge
Only the United States and Switzerland can be considered “active enforcers” in tackling foreign bribery, while countries like the United Kingdom and Israel have taken a step back, according to the latest report from Transparency International.
2025-04-22T12:00:00Z
The Federal Trade Commission (FTC) filed a lawsuit against Uber, alleging the ride-hailing company signed customers up for its Uber One subscription without consent, then made it hard for them to cancel. The move marks the U.S. government’s latest broadside against big tech companies, and the first major action from ...
2025-04-18T17:45:00Z By Oscar Gonzalez
The U.S. Consumer Financial Protection Bureau continues to unravel amid pressure from Trump administration officials to shutter the agency. Not only has the agency informed its employees that it will no longer be a watchdog for the financial services industry, it has also laid off employees despite court orders blocking ...
2025-04-15T07:30:00Z By Aaron Nicodemus
The Consumer Financial Protection Bureau dropped yet another consumer protection lawsuit against a bank or fintech provider since Donald Trump was sworn in as president in January. This time, it was with Comerica Bank.
Site powered by Webvision Cloud