Weekly Industry News – Anti-Corruption / FCPA & International Trade

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Anti-Corruption/ FCPA and International Trade –  four ways to improve anti-trust compliance programs, Cubist Pharmaceuticals Inc. under investigation by the U.S Securities and Exchange Commission  and more.

 

Does Your Company Still Allow Facilitation Payments? by Thomas Fox Published on JDSupra

One of the more confusing areas of the US Foreign Corrupt Practices Act (FCPA) is in that of facilitation payments. Facilitation payments are small bribes but make no mistake about it, they are bribes. For that reason many companies feel they are inconsistent with a company culture of doing business ethically and in compliance with laws prohibiting corruption and bribery… [ Read More ]

   

Cubist Acquisition Payments Targeted In FCPA Probe By Stephanie Russell-Kraft Published on Law 360 

Cubist Pharmaceuticals Inc. revealed Monday that a global biopharmaceutical company it bought in 2013 is under investigation by the U.S. Securities and Exchange Commission and U.S. Department of Justice over improper payments made to a research laboratory in 2011 that may have violated the Foreign Corrupt Practices Act… [ Read More ]      

Four Ways to Improve Antitrust Compliance Programs by Michael Volkov  Published on JDSupra

In the era of global antitrust cartel enforcement, antitrust practitioners often scratch their collective heads and ask why is antitrust compliance so ignored by government enforcement agencies… [ Read More ]  

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