Should Employees Have FCPA Training?
Article by Managing Attorney, John Peterson Whether you run a business or work in compliance, one of the most frequently asked questions on the Foreign Corrupt Practices Act (FCPA) is: Do I have to train employees on FCPA compliance? In this article, we explain when a company has to train employees on FCPA compliance, which employees need to […]
Stop FCPA Violations with a Corporate Compliance Program
Violations of the Foreign Corrupt Practices Act (FCPA) can have serious consequences and steep fines. The U.S. Securities and Exchange Commission (SEC) investigates corporate crimes and is most interested in leads regarding bribery and corruption– both of which fall under the FCPA. Preventing FCPA violations ensures your business runs smoothly without the risk of interruption […]
FCPA Whistleblower Retaliation Is Illegal
The biggest concern for most whistleblowers is whether they will be retaliated against if they report legal violations at their place of work. This is especially true for whistleblowers who report a potential violation of the Foreign Corrupt Practices Act (FCPA). In this article we will outline the protections a whistleblower is entitled to when […]
Unique Compliance Perspectives from Business Ethics Expert Bruce Klaw
Business ethics expert Professor Bruce Klaw speaks to FBR as part of the Corporate Accountability Leadership Series As part of our Corporate Accountability Leadership Series, we’ve been speaking to some of the leaders in the field of corporate accountability, finding out what they do and why they do it. As a part of the […]
FCPA Whistleblower Paid $279 Million for Assisting In Ericsson Enforcement Actions
On May 5th the U.S. Securities and Exchange Commission (SEC) awarded a record breaking $279 million to a whistleblower who reported legal violations that resulted in three separate enforcement actions. Since the award, the Wall Street Journal has revealed that the award was related to a tipster who assisted the SEC with its record-breaking fine against […]
What is the SEC Form TCR?
If you are an SEC whistleblower, then it’s likely that at some stage you will come across SEC Form TCR. TCR stands for Tips, Complaints Referrals and the SEC Form TCR allows whistleblowers to provide information to the SEC and become eligible for an SEC whistleblower award. If you want to submit SEC Form TCR, […]
Whistleblower Protection Under the Foreign Corrupt Practices Act
The biggest concern for many potential whistleblowers is the prospect of facing retaliation for speaking up about legal violations. This is especially true for whistleblowers who report bribery or corruption, which can constitute a violation of the Foreign Corrupt Practices Act (FCPA). In this article we will outline the protections a whistleblower is entitled to […]
Flutter Fined By U.S. Regulator For Suspicious Payments To Russian Consultants
The U.S. Securities and Exchange Commission (SEC) announced an enforcement action against Flutter International Inc. (formerly Paddy Power Betfair) for violating the Foreign Corrupt Practices Act (FCPA). In an administrative proceeding filed on March 6, the SEC alleged that a company acquired by Flutter had violated the FCPA through its use of Russian consultants, despite […]
ABB, Honeywell, AT&T – Over $500 Million in SEC Fines in January
At the end of every month, the Securities and Exchange Commission (SEC) publishes a Notice of Covered Action for recent fines in excess of one million dollars. There were seven notices issued in January for over $500 in fines, the headlines were: Honeywell pays over $161 million for bribery schemes in Algeria and Brazil ABB […]
What UK Employment Lawyers Need to Know about SEC Whistleblowers
In the last ten years the U.S. Securities and Exchange Commission (“SEC”), has paid out over $1 billion in rewards to whistleblowers and levied over $6 billion in fines resulting from whistleblower tips. Some of these fines have been against UK companies and this is not surprising. The UK ranks as one of the top […]
