ANTICORRUPTION DEVELOPMENTS –
U.S. Agencies Decline to Prosecute Teradata for Alleged FCPA Violations –
On February 26, 2018, Teradata Corporation, an Ohio-based enterprise software database management company,...more
3/13/2018
/ Aircraft ,
Anti-Corruption ,
Anti-Money Laundering ,
Anti-Retaliation Provisions ,
Banking Sector ,
Banks ,
Bureau of Industry and Security (BIS) ,
CEOs ,
Civil Monetary Penalty ,
Defense Sector ,
Department of Justice (DOJ) ,
Digital Realty Trust Inc v Somers ,
Directorate of Defense Trade Controls (DDTC) ,
Dodd-Frank ,
Dual Use Goods ,
Economic Sanctions ,
Electronics ,
Energy Sector ,
Enforcement Actions ,
Explosives ,
Exports ,
False Claims Act (FCA) ,
FinCEN ,
Foreign Corrupt Practices Act (FCPA) ,
Internal Reporting ,
Military Goods ,
Money Laundering ,
Office of Foreign Assets Control (OFAC) ,
Personal Protective Equipment ,
Proposed Legislation ,
Reporting Requirements ,
Retaliation ,
Sarbanes-Oxley ,
SCOTUS ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Shipping ,
Sports ,
Suspensions & Debarments ,
U.S. Commerce Department ,
U.S. Customs ,
Unmanned Aircraft Systems ,
Whistleblower Protection Policies ,
Whistleblowers ,
World Bank
ANTICORRUPTION DEVELOPMENTS –
U.S. Agencies Decline to Prosecute Teradata for Alleged FCPA Violations –
On February 26, 2018, Teradata Corporation, an Ohio-based enterprise software database management company,...more
3/13/2018
/ Aircraft ,
Anti-Corruption ,
Anti-Money Laundering ,
Anti-Retaliation Provisions ,
Banking Sector ,
Banks ,
Bureau of Industry and Security (BIS) ,
CEOs ,
Civil Monetary Penalty ,
Defense Sector ,
Department of Justice (DOJ) ,
Digital Realty Trust Inc v Somers ,
Directorate of Defense Trade Controls (DDTC) ,
Dodd-Frank ,
Dual Use Goods ,
Economic Sanctions ,
Electronics ,
Energy Sector ,
Enforcement Actions ,
Explosives ,
Exports ,
False Claims Act (FCA) ,
FinCEN ,
Foreign Corrupt Practices Act (FCPA) ,
Internal Reporting ,
Military Goods ,
Money Laundering ,
Office of Foreign Assets Control (OFAC) ,
Personal Protective Equipment ,
Proposed Legislation ,
Reporting Requirements ,
Retaliation ,
Sarbanes-Oxley ,
SCOTUS ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Shipping ,
Sports ,
Suspensions & Debarments ,
U.S. Commerce Department ,
U.S. Customs ,
Unmanned Aircraft Systems ,
Whistleblower Protection Policies ,
Whistleblowers ,
World Bank
ANTICORRUPTION DEVELOPMENTS –
U.S. Agencies Decline to Prosecute Teradata for Alleged FCPA Violations –
On February 26, 2018, Teradata Corporation, an Ohio-based enterprise software database management company,...more
3/1/2018
/ Aircraft ,
Anti-Corruption ,
Anti-Money Laundering ,
Anti-Retaliation Provisions ,
Banking Sector ,
Banks ,
Bureau of Industry and Security (BIS) ,
CEOs ,
Civil Monetary Penalty ,
Defense Sector ,
Department of Justice (DOJ) ,
Digital Realty Trust Inc v Somers ,
Directorate of Defense Trade Controls (DDTC) ,
Dodd-Frank ,
Dual Use Goods ,
Economic Sanctions ,
Electronics ,
Energy Sector ,
Enforcement Actions ,
Explosives ,
Exports ,
False Claims Act (FCA) ,
FinCEN ,
Foreign Corrupt Practices Act (FCPA) ,
Internal Reporting ,
Military Goods ,
Money Laundering ,
Office of Foreign Assets Control (OFAC) ,
Personal Protective Equipment ,
Proposed Legislation ,
Reporting Requirements ,
Retaliation ,
Sarbanes-Oxley ,
SCOTUS ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Shipping ,
Sports ,
Suspensions & Debarments ,
U.S. Commerce Department ,
U.S. Customs ,
Unmanned Aircraft Systems ,
Whistleblower Protection Policies ,
Whistleblowers ,
World Bank
ANTICORRUPTION DEVELOPMENTS -
Mega International Commercial Bank Co. Ltd. Fined $29 Million -
On January 17, 2018, the U.S. Federal Reserve Board assessed Taiwan based bank Mega International Commercial Bank Co. Ltd. a...more
2/13/2018
/ Anti-Corruption ,
Anti-Dumping Duty ,
Anti-Money Laundering ,
Bank Fraud ,
Banks ,
Bribery ,
Bureau of Industry and Security (BIS) ,
CAATSA ,
Cease and Desist ,
CFIUS ,
China ,
Civil Monetary Penalty ,
Class Action ,
Criminal Conspiracy ,
Customs ,
Customs and Border Protection ,
Department of Justice (DOJ) ,
Digital Currency ,
Economic Sanctions ,
Electronic Devices ,
EU ,
European Court of Justice (ECJ) ,
Exports ,
False Claims Act (FCA) ,
False Statements ,
Federal Civil Penalties Inflation Adjustment Act of 1990 ,
Final Rules ,
Financial Institutions ,
FinCEN ,
Fines ,
Foreign Corrupt Practices Act (FCPA) ,
Foreign Investment ,
Former Employee ,
Furniture Industry ,
Imports ,
Intercompany Transactions ,
International Banks ,
International Emergency Economic Powers Act (IEEPA) ,
Iran ,
Joint Comprehensive Plan of Action (JCPOA) ,
Mail Fraud ,
NAFTA ,
Nuclear Power ,
Office of Foreign Assets Control (OFAC) ,
Penalties ,
Russia ,
SDN List ,
Search & Seizure ,
Section 201 ,
Section 232 ,
Section 301 ,
Shareholders ,
Sovereign Debt ,
Trans-Pacific Partnership ,
Transfer Pricing ,
Trump Administration ,
U.S. Commerce Department ,
U.S. Treasury ,
US Department of State ,
Vendors ,
Venezuela ,
Wire Fraud ,
WTO
ANTICORRUPTION DEVELOPMENTS -
Mega International Commercial Bank Co. Ltd. Fined $29 Million -
On January 17, 2018, the U.S. Federal Reserve Board assessed Taiwan based bank Mega International Commercial Bank Co. Ltd. a...more
2/13/2018
/ Anti-Corruption ,
Anti-Dumping Duty ,
Anti-Money Laundering ,
Bank Fraud ,
Banks ,
Bribery ,
Bureau of Industry and Security (BIS) ,
CAATSA ,
Cease and Desist Orders ,
CFIUS ,
China ,
Civil Monetary Penalty ,
Class Action ,
Criminal Conspiracy ,
Customs ,
Customs and Border Protection ,
Department of Justice (DOJ) ,
Digital Currency ,
Economic Sanctions ,
Electronic Devices ,
EU ,
European Court of Justice (ECJ) ,
Exports ,
False Claims Act (FCA) ,
False Statements ,
Federal Civil Penalties Inflation Adjustment Act of 1990 ,
Final Rules ,
Financial Institutions ,
FinCEN ,
Fines ,
Foreign Corrupt Practices Act (FCPA) ,
Foreign Investment ,
Former Employee ,
Furniture Industry ,
Imports ,
Intercompany Transactions ,
International Banks ,
International Emergency Economic Powers Act (IEEPA) ,
Iran ,
Joint Comprehensive Plan of Action (JCPOA) ,
Mail Fraud ,
NAFTA ,
Nuclear Power ,
Office of Foreign Assets Control (OFAC) ,
Penalties ,
Russia ,
SDN List ,
Search & Seizure ,
Section 201 ,
Section 232 ,
Section 301 ,
Shareholders ,
Sovereign Debt ,
Trans-Pacific Partnership ,
Transfer Pricing ,
Trump Administration ,
U.S. Commerce Department ,
U.S. Treasury ,
US Department of State ,
Vendors ,
Venezuela ,
Wire Fraud ,
WTO
ANTICORRUPTION DEVELOPMENTS -
Mega International Commercial Bank Co. Ltd. Fined $29 Million -
On January 17, 2018, the U.S. Federal Reserve Board assessed Taiwan based bank Mega International Commercial Bank Co. Ltd....more
2/5/2018
/ Anti-Corruption ,
Anti-Dumping Duty ,
Anti-Money Laundering ,
Bank Fraud ,
Banks ,
Bribery ,
Bureau of Industry and Security (BIS) ,
CAATSA ,
Cease and Desist Orders ,
CFIUS ,
China ,
Civil Monetary Penalty ,
Class Action ,
Criminal Conspiracy ,
Customs ,
Customs and Border Protection ,
Department of Justice (DOJ) ,
Digital Currency ,
Economic Sanctions ,
Electronic Devices ,
EU ,
European Court of Justice (ECJ) ,
Exports ,
False Claims Act (FCA) ,
False Statements ,
Federal Civil Penalties Inflation Adjustment Act of 1990 ,
Final Rules ,
Financial Institutions ,
FinCEN ,
Fines ,
Foreign Corrupt Practices Act (FCPA) ,
Foreign Investment ,
Former Employee ,
Furniture Industry ,
Imports ,
Intercompany Transactions ,
International Banks ,
International Emergency Economic Powers Act (IEEPA) ,
Iran ,
Joint Comprehensive Plan of Action (JCPOA) ,
Mail Fraud ,
NAFTA ,
Nuclear Power ,
Office of Foreign Assets Control (OFAC) ,
Penalties ,
Russia ,
SDN List ,
Search & Seizure ,
Section 201 ,
Section 232 ,
Section 301 ,
Shareholders ,
Sovereign Debt ,
Trans-Pacific Partnership ,
Transfer Pricing ,
Trump Administration ,
U.S. Commerce Department ,
U.S. Treasury ,
US Department of State ,
Vendors ,
Venezuela ,
Wire Fraud ,
WTO
ANTICORRUPTION DEVELOPMENTS –
Keppel Offshore Reaches Deal with DOJ and Guilty Plea by Counsel Unsealed –
On December 22, 2017, Keppel Offshore & Marine Ltd. (KOM), a Singapore based company that operates shipyards and...more
1/9/2018
/ Anti-Bribery ,
Anti-Corruption ,
Bitcoin ,
Bribery ,
Bureau of Industry and Security (BIS) ,
Colombia ,
Corruption ,
Cuba ,
Department of Justice (DOJ) ,
Digital Securities ,
Economic Sanctions ,
Ecuador ,
Enforcement Actions ,
Executive Orders ,
Export Controls ,
Foreign Corrupt Practices Act (FCPA) ,
France ,
Fraud ,
Guilty Pleas ,
Human Rights ,
Iran Sanctions ,
Magnitsky Act ,
National Security ,
Odebrecht ,
Office of Foreign Assets Control (OFAC) ,
Peru ,
Power Infrastructure ,
Securities and Exchange Commission (SEC) ,
SFO ,
Suspensions & Debarments ,
Trump Administration ,
UK ,
US Department of State ,
Whistleblowers ,
World Bank
ANTICORRUPTION DEVELOPMENTS –
Keppel Offshore Reaches Deal with DOJ and Guilty Plea by Counsel Unsealed –
On December 22, 2017, Keppel Offshore & Marine Ltd. (KOM), a Singapore based company that operates shipyards and...more
1/9/2018
/ Anti-Bribery ,
Anti-Corruption ,
Bitcoin ,
Bribery ,
Bureau of Industry and Security (BIS) ,
Colombia ,
Corruption ,
Cuba ,
Department of Justice (DOJ) ,
Digital Securities ,
Economic Sanctions ,
Ecuador ,
Enforcement Actions ,
Executive Orders ,
Export Controls ,
Foreign Corrupt Practices Act (FCPA) ,
France ,
Fraud ,
Guilty Pleas ,
Human Rights ,
Iran Sanctions ,
Magnitsky Act ,
National Security ,
Odebrecht ,
Office of Foreign Assets Control (OFAC) ,
Peru ,
Power Infrastructure ,
Securities and Exchange Commission (SEC) ,
SFO ,
Suspensions & Debarments ,
Trump Administration ,
UK ,
US Department of State ,
Whistleblowers ,
World Bank
ANTICORRUPTION DEVELOPMENTS –
Keppel Offshore Reaches Deal with DOJ and Guilty Plea by Counsel Unsealed –
On December 22, 2017, Keppel Offshore & Marine Ltd. (KOM), a Singapore based company that operates shipyards...more
1/2/2018
/ Anti-Bribery ,
Anti-Corruption ,
Bitcoin ,
Bribery ,
Bureau of Industry and Security (BIS) ,
Colombia ,
Corruption ,
Cuba ,
Department of Justice (DOJ) ,
Digital Securities ,
Economic Sanctions ,
Ecuador ,
Enforcement Actions ,
Executive Orders ,
Export Controls ,
Foreign Corrupt Practices Act (FCPA) ,
France ,
Fraud ,
Guilty Pleas ,
Human Rights ,
Iran Sanctions ,
Magnitsky Act ,
National Security ,
Odebrecht ,
Office of Foreign Assets Control (OFAC) ,
Peru ,
Power Infrastructure ,
Securities and Exchange Commission (SEC) ,
SFO ,
Suspensions & Debarments ,
Trump Administration ,
UK ,
US Department of State ,
Whistleblowers ,
World Bank
ANTICORRUPTION DEVELOPMENTS –
Global Compliance Overhaul for SAP as DOJ and SEC Investigate Payments Allegedly Related to South African Government Contracts –
On October 26, 2017, German software company SAP SE...more
11/2/2017
/ Anti-Corruption ,
Bribery ,
Bureau of Industry and Security (BIS) ,
Civil Liability ,
Comment Period ,
Conspiracies ,
Construction Industry ,
Cybersecurity ,
Declination ,
Department of Justice (DOJ) ,
Due Diligence ,
Economic Sanctions ,
Executive Orders ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Final Rules ,
Financial Institutions ,
FinCEN ,
Fines ,
Foreign Corrupt Practices Act (FCPA) ,
Germany ,
Imports ,
Indictments ,
International Emergency Economic Powers Act (IEEPA) ,
Iran Sanctions ,
Latin America ,
Money Laundering ,
New Guidance ,
North Korea ,
Office of Foreign Assets Control (OFAC) ,
Public Comment ,
Reporting Requirements ,
Russia ,
SAP SE ,
Securities and Exchange Commission (SEC) ,
Serious Fraud Office (SFO) ,
South Africa ,
South Korea ,
Sudan ,
Suspensions & Debarments ,
Syria ,
Travel Act ,
Trump Administration ,
UK ,
Venezuela ,
Whistleblowers ,
World Bank
On October 2, 2016, the National Security Division (NSD) of the U.S. Department of Justice (DOJ) established a formal, voluntary self-disclosure program for criminal violations of U.S. economic sanctions and export controls...more
On June 3, 2016, the U.S. Department of State, Directorate of Defense Trade Controls (DDTC) and the Department of Commerce, Bureau of Industry and Security (BIS) issued changes to the International Traffic in Arms Regulations...more
If you read one thing…
- Further relaxation of sanctions on Cuba, effective on January 27, 2016, allows U.S. financial institutions to finance authorized exports and reexports to Cuba of items other than...more
On August 14, 2015, the U.S. Department of Commerce’s, Bureau of Industry and Security (BIS) indicated that it would approve a number of export license applications permitting parties in the United States to swap crude oil...more
On June 3, 2015, the U.S. Department of State’s Directorate of Defense Trade Controls (DDTC) and the Department of Commerce’s Bureau of Industry and Security (BIS) published proposed rules amending the International Traffic...more
On May 5, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued guidance regarding travel between the United States and Cuba. In particular, the guidance clarifies that companies authorized to...more
On January 15, 2015, the U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC) and the U.S. Department of Commerce, Bureau of Industry and Security (BIS) released regulatory amendments implementing the Cuba...more
On December 30, 2014, the Department of Commerce, Bureau of Industry and Security (BIS) issued long-awaited frequently asked questions (FAQs) and related answers in an attempt to provide guidance on restrictions on crude oil...more
As previously reported on Speaking Energy (available here), the U.S. Department of Commerce, Bureau of Industry and Security (BIS) has recently indicated that it is willing to work with U.S. energy companies to navigate...more