FCPA DIGEST
RECENT TRENDS A ND P AT TE RN S IN T HE E NF OR C EM EN T
OF THE FOREIGN C OR RU PT P RA CT IC ES A CT
JULY 2019
FCPA DIGEST July 2019 1
CONTENTS
ENFORCEMENT ACTIONS & STRATEGIES 4
Statistics 5
Geography & Industries 10
Types of Settlements 10
Elements of Settlements 11
Case Developments 11
PERENNIAL STATUTORY ISSUES 13
Jurisdiction 14
Foreign Officials 14
Statute of Limitations 14
Modes of Payment 15
COMPLIANCE GUIDANCE 17
CFTC Prosecution of Foreign Corrupt Practices 18
Revision of FCPA Corporate Enforcement Policy 18
Updated Guidance from DOJ on the Evaluation of Compliance Programs 19
Internal Investigation Documents – Attorney-Client and Attorney Work Product Privilege Remains Strong 20
Internal Investigations – Consequences of Government Outsourcing 21
UNUSUAL DEVELOPMENTS 23
Post-Kokesh Developments: New Legislation 24
Bio-Rad: Case Developments 24
Siemens: Compliance Monitor Update 25
Goldman Sachs: Equity-Based Pay 25
Intersection of Sanctions and FCPA Policies 25
International Enforcement: Convergence 26
International Enforcement: Divergence 29
PRIVATE LITIGATION 30
ENFORCEMENT IN THE UNITED KINGDOM 32
SFO – New Investigations, Charges, and Convictions 33
FCPA DIGEST July 2019 2
CPS – First Conviction For Failure to Prevent Bribery 33
NCA – Unexplained Wealth Orders 34
Deferred Prosecution Agreements 35
SFO – Challenges to the Territorial Scope of the Power to Compel the Production of Documents 36
SFO – General Developments and Updates 36
Conclusion 38
