FCPA DIGEST
RECEN T TR E ND S AN D PA TT ER NS I N T H E E NF O R CE ME NT
OF TH E FO REI G N CO R R UP T PR AC TI CES AC T
JANU A R Y 2 0 1 9
FCPA DIGEST January 2019 1
CONTENTS
ENFORCEMENT ACTIONS & STRATEGIES 4
Statistics 5
Geography & Industries 13
Types of Settlements 14
Elements of Settlements 14
Case Developments 15
PERENNIAL STATUTORY ISSUES 17
Jurisdiction 18
Parent-Subsidiary Liability 19
Foreign Officials 19
Successor Liability 19
Obtain or Retain Business 20
COMPLIANCE GUIDANCE 21
FCPA Corporate Enforcement Policy 22
Policy on Coordination of Corporate Resolutions 22
DOJ Revises Yates Memorandum Policy to Provide Flexibility In Awarding Cooperation Credit 23
DOJ Updates Policy on Corporate Monitors 24
Convergence and Divergence of FCPA Enforcement Across Borders and Disciplines 25
DOJ’s China Initiative 26
UNUSUAL DEVELOPMENTS 27
Post-Kokesh Developments: Limits on SEC’s Pursuit of Disgorgement 28
Compliance Monitors 28
Shell and Eni – Case Developments 29
PRIVATE LITIGATION 31
ENFORCEMENT IN THE UNITED KINGDOM 33
SFO – New Investigations, Charges, and Convictions 34
CPS – First Conviction for Failure to prevent Bribery 35
SFO – Legal Professional Privilege Developments 37
FCPA DIGEST January 2019 2
SFO – Challenges to the Territorial Scope of the Power to Compel the Production of Documents 39
SFO – General Developments and Updates 40
CONCLUSION 42
