21st National Conference on Foreign Corrupt Practices Act
Timothy L. Dickinson will be on a panel with Mark F. Mendelsohn, Deputy Chief, Fraud Section, Criminal Division, U.S. Department of Justice General Counsel and with Fredric D. Firestone, Associate Director, Division of Enforcement U.S. Securities and Exchange Commission at the 21st National Conference on Foreign Corrupt Practices Act . The conference will take place on March 24 & 25, 2009 at Hotel Sheraton New York Hotel and Towers in New York, NY.
Overview:The past 12 months produced the largest number of FCPA cases, the largest criminal fine to date and the largest combined sanction ever imposed for violations of the FCPA. Recent settlements have resulted in heavy civil and criminal penalties for both individuals and corporate offenders, disgorgement of profits and, increasingly, the imposition of independent monitors. Foreign governments, primarily in Europe, are also cracking down on corruption and actively cooperating with US enforcement officials.
The increase of FCPA enforcement makes prevention an even higher priority than it may have been in the past. The absence of preventative measure is almost certain to result in substantially increased penalties if an issue arises. This makes an effective anti-corruption compliance program essential for all companies. With record-setting sanctions involving well-known companies, global organizations have to reassess their own anti-corruption measures to prevent lapses that might lead to damaging and costly enforcement actions.
For more information and to register for this conference go to