Online CLE Anti-Corruption Compliance CLE

Anti-Corruption Compliance: Trends and Developments in 2017

Live Webcast Date: Monday, August 21, 2017 from 3:00 pm to 4:00 pm (ET)

Business and Corporation CLE & CPE Recording

Online CLE Anti-Corruption Compliance

Aggressive enforcement of the Foreign Corrupt Practices Act continues in 2017, and every U.S. company that does business outside the country is subject to its reach. The FCPA’s anti-bribery provisions require only minimal proof of “corrupt intent” in giving things of value to foreign government official, and companies have been prosecuted even for very small bribes. The law also makes it illegal for a company that reports to the Securities & Exchange Commission to have false or inaccurate books or records or to fail to maintain a system of internal accounting controls. Prosecutions and civil actions under the FCPA have risen steadily in the past eight years, as have penalties imposed by the SEC and the Department of Justice. A stand-alone anti-corruption compliance policy is a must, especially for US companies doing business in countries that expose them to a high risk of corruption.

In this Webcast, a panel of thought leaders brought together by The Knowledge Group will review recent FCPA litigation and enforcement developments. They will also give guidance on how companies can foster a culture of compliance through planning, training and setting up internal controls and due-diligence procedures, thereby reducing the risk of falling into the statute’s maw.

Key topics include:

Foreign Corrupt Practices Act
Key Risk Factors
Corruption Hotbeds
Litigation Activity
Enforcement Activity
Compliance Requirements
Anti-Corruption Compliance Policy
Culture of Compliance

Agenda

Michael Huneke, Partner
Hughes Hubbard & Reed LLP

Neil Schumacher, Attorney
Paul Hastings LLP

Increasing international enforcement
1. U.K. (DPA trends), France (loi Sapin 2), China (Operations Fox Hunt and Skynet; Unfair Competition Law draft amendment), Brazil (Operation Car Wash), Korea (Improper Solicitation and Graft Act of Korea), Russia, Commonwealth of Independent States and Ukraine region.
2. Developments in anti-money laundering/anti-tax evasion and sanctions as drivers of discovery and investigation of corruption.
Increasing cross-border cooperation
1. U.S. DOJ and SEC acknowledgement of assisting of 24 countries.
2. Cooperation among governments and MDBs/NGOs.
3. Mechanisms, joint raids, and MLATS.
Multilateral Development Bank sanctions enforcement
1. Spotlight on World Bank enforcement and sanctions regime.
2. Discussion of mitigating factors (cooperation, internal investigations, disciplining responsible employees, and compliance programs) and highlights of what makes for an effective compliance program (with respect to the World Bank and otherwise).
Use of pre-resolution monitors
1. Alstom and Rolls Royce case studies.
International regulators’ reliance on new technologies
1. Technology assisted review and artificial intelligence.
2. Increasing threat of leaks, dumps, hacks, and other illegally obtained information in driving allegations and investigations.
Complexity of interplay between due diligence and arbitration/litigation
1. Trend of rejection of claims due to indications of corruption in investment treaty arbitration.
2. Timing, evidence, risk of disclosure, and protecting the company.

Who Should Attend

Anti-Corruption Lawyers
Investigatory Counsel
Defense Attorneys
Corporate Counsel
Compliance Officers
Ethics Officers
Financial Officers
International Counsel
White Collar Crime Attorneys
FCPA Securities and Corporate Governance Attorneys
FCPA Practicing Lawyers
Other interested professionals

Online CLE Anti-Corruption Compliance

Michael Huneke, Partner
Hughes Hubbard & Reed LLP

Neil Schumacher, Attorney
Paul Hastings LLP

Increasing international enforcement
1. U.K. (DPA trends), France (loi Sapin 2), China (Operations Fox Hunt and Skynet; Unfair Competition Law draft amendment), Brazil (Operation Car Wash), Korea (Improper Solicitation and Graft Act of Korea), Russia, Commonwealth of Independent States and Ukraine region.
2. Developments in anti-money laundering/anti-tax evasion and sanctions as drivers of discovery and investigation of corruption.
Increasing cross-border cooperation
1. U.S. DOJ and SEC acknowledgement of assisting of 24 countries.
2. Cooperation among governments and MDBs/NGOs.
3. Mechanisms, joint raids, and MLATS.
Multilateral Development Bank sanctions enforcement
1. Spotlight on World Bank enforcement and sanctions regime.
2. Discussion of mitigating factors (cooperation, internal investigations, disciplining responsible employees, and compliance programs) and highlights of what makes for an effective compliance program (with respect to the World Bank and otherwise).
Use of pre-resolution monitors
1. Alstom and Rolls Royce case studies.
International regulators’ reliance on new technologies
1. Technology assisted review and artificial intelligence.
2. Increasing threat of leaks, dumps, hacks, and other illegally obtained information in driving allegations and investigations.
Complexity of interplay between due diligence and arbitration/litigation
1. Trend of rejection of claims due to indications of corruption in investment treaty arbitration.
2. Timing, evidence, risk of disclosure, and protecting the company.

Online CLE Anti-Corruption Compliance

Michael HunekePartnerHughes Hubbard & Reed LLP

Michael H. Huneke is a partner with significant experience conducting anti-corruption investigations and compliance program reviews. He advises clients in matters involving the U.S. Foreign Corrupt Practices Act (“FCPA”) and the U.K. Bribery Act, corporate governance and compliance, World Bank and other international financial institution matters. Mike performs anti-corruption investigations and due diligence efforts around the globe, including in connection with the U.S. Department of Justice, U.S. Securities & Exchange Commission, Serious Fraud Office, World Bank and other multilateral development bank inquiries. This experience includes conducting corporate compliance monitorships and compliance program evaluations. He has assisted U.S., European, and Asian clients in designing, administering, and maintaining anti-corruption, integrity compliance, and corporate governance programs.

Neil SchumacherAttorneyPaul Hastings LLP

Neil Schumacher is a senior associate in the Litigation practice of Paul Hastings and is based in the firm’s Washington, D.C. office.

Mr. Schumacher focuses his practice on regulatory and anti-corruption enforcement, internal investigations, and litigation. Mr. Schumacher regularly counsels multinational clients in the pharmaceutical, energy, and technology industries in criminal and civil investigations conducted by the U.S. Department of Justice and Securities and Exchange Commission, as well as in internal investigations, in connection with alleged violations of criminal and civil anti-bribery legislation. Mr. Schumacher has represented clients in significant investigations in China and other countries in Asia, the Middle East, Latin America, and Eastern Europe. Several of these matters also involved parallel investigations by foreign anti-corruption authorities or regulators including the U.K. Serious Fraud Office.

Online CLE Anti-Corruption Compliance

Course Level:
Intermediate

Advance Preparation:
Print and review course materials

Method Of Presentation:
On-demand Webcast

Prerequisite:
Experience in corporate law or internal investigations

Course Code:
146228

NASBA Field of Study:
Business Law

NY Category of CLE Credit:
Skills

Total Credit:
1.0 CLE

About the Knowledge Group

The Knowledge Group has been a leading global provider of Continuing Education (CLE, CPE) for over 13 Years. We produce over 450 LIVE webcasts annually and have a catalog of over 4,000 on-demand courses.

Anti-Corruption Compliance: Trends and Developments in 2017