LexisNexis® Legal Newsroom
Transparency International Guidance on Anti-Corruption and Anti-Bribery Due Diligence for M&A Transactions – Part I

Transparency International (TI) recently released, in draft form for consultation, a White Paper entitled " Anti-Bribery Guidance for Transactions ." Although this version was preliminary draft, available for a commentary period and the final version is to be released later in October,...

Wolfsberg Anti-Corruption Guidance

In a recently released White Paper by the Wolfsberg Group, entitled " Wolfsberg Anti-Corruption Guidance " , a group of internal banks, together with Transparency Internal and the Basel Institute on Governance, issued guidance on anti-corruption and anti-bribery procedures which financial...

Earl Scruggs: Banjo, Bluegrass and the Fight against Corruption and Bribery

Last Thursday, Earl Scruggs died. He was one of the musician's most responsible for my development in learning about, and appreciating, different styles of music. For musicians, he basically invented and then popularized the 3 finger picking style on the 5 string banjo. For popular culture, he...

Kroll and Compliance Week Survey Anti-Bribery and Anti-Corruption

Not many people realize that the US has elected one president who served as a prisoner of war. That man was Andrew Jackson, who was captured by the British during the Revolutionary War. Now, can you name the American President who killed another man in a duel? If you guessed Andrew Jackson you are...

Bone-Headed Moves on the Football Field and Idiotic Statements About Corruption

“ Three things can happen when you throw the football, and two of them are bad .” That football truism (allegedly) came from former Texas Longhorn head coach Darrell Royal. While he intoned it in a different era, Pete Carroll and his Seattle Seahawks proved it still to be valid in the...

If Only The Supreme Court Had Accepted Cert In The “Foreign Official” Challenge

This article was reprinted with permission from FCPA Professor As highlighted here , here and here , last Fall the Supreme Court had the opportunity to correct the 11th Circuit’s flawed interpretation of the important “foreign official” element of the FCPA’s anti-bribery provisions...

Taking the Rolls Out for a Spin? Maybe You Should Avoid Brazil

Just as the GlaxoSmithKline PLC (GSK) case in China heralded a new day in international anti-corruption enforcement, the Petrobras case may be equally important going forward. The scope and breadth of the investigation is truly becoming worldwide. Last fall, one of the first questions raised was why...

International Anti-Corruption Enforcement Efforts

While the US Foreign Corrupt Practices Act (FCPA) is still the most widely recognized and enforcement anti-bribery and anti-corruption law across the globe, there have been a number of initiatives which will lead directly to greater anti-bribery and anti-corruption enforcement. This increased enforcement...

Brazilian Corruption Scandal Expands Past Petrobras – Is a FCPA Country Sweep Next?

The Brazilian corruption scandal took a new turn last week, when the Brazilian government announced that it was investigating the country’s health ministry and the state-owned bank Caixa Econômica Federal (Caixa). As reported by Rogerio Jelmayer and Luciana Magalhaes in the Wall Street Journal...

The Easter Rebellion and Petrobras’ $17 Billion Write Down

Ninety-nine years ago Friday the Easter Rebellion began. If there is one event that is seared into history as a turning point for Irish independence from Britain, it was the Easter Rebellion. England had finally granted Home Rule to Ireland in 1914 but suspended implementation due to World War I. This...