Clutch’s AVP & Head of US Delivery Matt Jackson will take part in Knowledge Congress webinar
The webinar will focus on major regulatory trends in 2015 | June 9 from 3pm – 5pm EST | Interested in attending? Register for free here. CLE credits provided.
Investigation of money laundering, tax evasion, anti-trust, bribery and corruption, sanctions, data loss, and human rights and financial service regulations violations are growing globally.
The increasing regulation and investigation of businesses around the globe is an enormously difficult and financially challenging or even a financially devastating endeavour for many corporations. The U.S. Foreign Corrupt Practices Act (FCPA) settlements made by Avon in 2014 and by Diebold Inc., in 2013, were only two of the most publicized cases that resulted from these increased enforcement initiatives.
More than 90 corporations currently are facing US FCPA investigations. In 2012 the US Department of Justice imposed $1.35 billion in fines and the EU fined businesses €2.89 billion. US sanctions fines have risen 67% since 2010 and reached US$1billion in 2011.
Laws are being changed in China, India, Brazil, Indonesia, and many other countries will follow. Some countries are developing laws to retaliate against citizens of other countries; including those of the United States. These laws contribute greatly to the development of ethical and legal business practices. However, the consequence of such laws to the robustness of global commerce is un-certain.
Corporations of all types, especially multi-national corporations need to be aware of the ever changing regulatory conditions, and must develop sound policies and procedures to monitor, address, mitigate the risks of, and comply with a growing array of anti-corruption and other laws in the US and many other countries all over the world.
A panel of key thought leaders and practitioners assembled by The Knowledge Group will discuss the latest Global Trends in Corporate Regulatory Investigations in 2015 and Beyond, and help corporate staff and their counsel avoid the most common pitfalls and risk issues surrounding such regulation.
Key issues include that will be covered in this course are:
- Trends in Global Investigations
- Regulatory Complexities Affecting Compliance
- Increased Financial Penalties in E.U.
- Application of U.S. Laws in Other Countries
- Regulatory Risk Management
- Improved Compliance Management
- Retaliatory Regulation (Columbia)
CLE Credit Information:
Course Level: Intermediate
Method of Presentation: Group-Based-Internet
Recommended CLE/CPE Hours: 1.75 – 2.0
Advance Preparation: Print and review course materials
Course Code: 155304
Note: CLE/CPE/CE credit requires a minimal Certificate of Attendance processing fee of $49 per participant (normally paid by the attendee) if credit is needed to apply to the bar.