PLI presents: The Foreign Corrupt Practices Act 2011
Foreign Corrupt Practices Act (FCPA) enforcement actions continue to increase in frequency, size, and complexity and show no signs of letting up in 2011. Currently, there are at least 140 companies under investigation. Both the DOJ and the SEC have targeted FCPA enforcement as a critical priority and have dedicated additional staff and resources to enforcing this law. Prosecuting individuals is now a focal point of the governments deterrent efforts. The Dodd-Frank law also provides financial incentives for employees to report potential FCPA violations to the SEC and collect 30% of any levied sanctions. Private plaintiffs now routinely file lawsuits against boards of directors alleging that they are deficient in preventing FCPA violations by employees. Recent FCPA enforcement actions and disclosures demonstrate that no industry is immune from FCPA scrutiny and FCPA sweep investigations across industry sectors are becoming more common and challenging. Companies everywhere must make FCPA compliance and the creation of effective anticorruption programs a top priority.
PLI offers a go-to one-day FCPA program, taught by a faculty of leading practitioners and government regulators, that will give you the background and tools you need to spot the issues early, develop workable risk management processes and implement effective compliance programs.
Paul Hastings partner Timothy Dickinson is a featured speaker at 9:15 am to discuss the "Year in Review and Enforcement Trends."For more information and to register, visit the PLI website