The extraterritorial reach of statutes seeking to prohibit unscrupulous financial practices has been debated and watched as both entities and individuals seek to determine the scope of the United States’ government’s ability...more
On August 9, 2019, the US Court of Appeals for the Second Circuit upheld a Chinese real estate developer’s conviction in United States v. Ng Lap Seng. The Court rejected defendant’s attempt to read an “official act”...more
On August 24, 2018, the US Court of Appeals for the Second Circuit in United States v. Hoskins rejected the government’s broad reading of the Foreign Corrupt Practices Act (FCPA) and ruled that a foreign national without ties...more
On June 4, 2018, Société Générale S.A., together with a subsidiary of the Paris-based global financial services institution, announced an agreement with both French and American authorities to resolve charges relating to...more
6/13/2018
/ Bribery ,
Criminal Investigations ,
Criminal Prosecution ,
Cross-Border ,
Department of Justice (DOJ) ,
Financial Services Industry ,
Foreign Corrupt Practices Act (FCPA) ,
Foreign Governments ,
France ,
Libor ,
Multinationals ,
Popular ,
Price Manipulation