24Aug
Rare DOJ Opinion Offers Anti-Bribery Lessons for Transactions Involving Foreign Government-Owned Assets
The U.S. Department of Justice (DOJ) has issued an opinion letter (catalogued as FCPA Opinion No. 20-01) stating that it does not intend to take enforcement action under the Foreign Corrupt Practices Act (FCPA) against a U.S.-based investment advisor planning to pay something akin to a “finder’s fee” to a foreign state-owned investment bank. This opinion, issued on August 14, 2020, marks the first time in six years that the DOJ has issued guidance under the FCPA Opinion Procedure Regulations, a...
By:
Perkins Coie
Related
Not so long ago, in a galaxy not so far, far away, California passed Assembly Bill 5 (AB5), which to...
Read More >
Changes to Remedies in Lien Enforcement Actions - New legislation in Tennessee has limited the reco...
Read More >
The Minnesota Legislature wrapped up its 2019 legislative session with a one-day special session las...
Read More >
In today’s edition of Daily Compliance News: • Malaysia not getting much help to find Jho Low. (Bl...
Read More >
A federal judge recently dismissed a lawsuit alleging that the Occupational Safety and Health Admini...
Read More >
In a recent Chief Counsel General Advice Memorandum (“Memo”), the IRS provides a helpful reminder ...
Read More >