FCPAméricas Blog
The Ten Most Important FCPA Internal Controls (Part 1: Accounting Controls)
4.15.2014
Under the FCPA, companies can be punished not only for the wrongful things they do, like paying bribes. They can also be punished for certain things they don’t do. In particular, the FCPA’s accounting provisions require companies to have internal controls in place. When companies do not have certain protections like appropriate accounting systems and anti-corruption policies, procedures, and processes, they risk violating the law.
Specifically, the FCPA’s accounting provisions require issuers (both U.S. and non-U.S. companies that are publicly traded in the United States) to establish and maintain a system of internal controls s... Read more
Opportunity with FCPAméricas
4.14.2014
The FCPAméricas Blog seeks a part-time Blog Manager to help lead one of the most-read anti-corruption legal blogs on the internet – currently averaging thousands of visits per month.
The FCPAméricas Blog is a go-to resource for anti-corruption professionals throughout the hemisphere. It provides commentary and analysis from experienced practitioners on anti-corruption developments in Latin America. The blog focuses primarily on compliance and enforcement issues related to the U.S. Foreign Corrupt Practices Act (FCPA), and is the only FCPA resource that provides regular content in English, Spanish, and Portuguese.
The Blog Manager position is a unique opportunity for a student, young law... Read more
Fraud at Oceanografía: Implications for FCPA and AML Risks in Mexico
4.11.2014
Concerns about corruption risks in Mexico’s oil and gas sector were underscored on February 28, when the Mexican government seized control of Oceanografía, a Mexican engineering and oil platform services company. The events leading up to this seizure, which include fraud, corruption and money laundering concerns, are particularly relevant given Mexico’s recent efforts to facilitate private investment in the energy sector.
Mexico’s recent reforms effectively ended Pemex’s longstanding monopoly over the oil and gas sector. The newly opened markets are expected to attract significant foreign investment and generate substantial revenue for the government of Mexico. But the collapse of Oceanogra... Read more
