Why Santander Employees Need to Take Notice of U.S. Enforcement Trends
If you work for Santander Bank, it is important to understand how the Trump Administration’s enforcement of anti-corruption, sanctions and money laundering regulations can affect you. In brief, our analysis shows: New enforcement priorities will likely increase U.S. regulatory scrutiny on foreign banks. Employees of foreign banks, particularly those publicly traded in the U.S., need to […]
Why ICICI Employees Need to Take Notice of U.S. Enforcement Trends
If you work for ICICI Bank, it is important to understand how the Trump Administration’s enforcement of anti-corruption, sanctions and money laundering regulations can affect you. In brief, our analysis shows: New enforcement priorities will likely increase U.S. regulatory scrutiny on foreign banks. Employees of foreign banks, particularly those publicly traded in the U.S., need […]
Why HSBC Employees Need to Take Notice of U.S. Enforcement Trends
If you work at HSBC, it is important to understand how the Trump Administration’s enforcement of anti-corruption, sanctions and money laundering regulations can affect you. In brief, our analysis shows: New enforcement priorities will likely increase U.S. regulatory scrutiny on foreign banks. Employees of foreign banks, particularly those publicly traded in the U.S., need to […]
Why TD Employees Need to Take Notice of U.S. Enforcement Trends
If you work for TD Bank, it is important to understand how the Trump Administration’s enforcement of anti-corruption, sanctions and money laundering regulations can affect you. In brief, our analysis shows: New enforcement priorities will likely increase U.S. regulatory scrutiny on foreign banks. Employees of foreign banks, particularly those publicly traded in the U.S., need […]
Liberty Mutual Resolves FCPA Investigation with DOJ
On August 7, 2025, the U.S. Department of Justice (DOJ) announced a declination under its Corporate Enforcement and Voluntary Self-Disclosure Policy for Liberty Mutual Insurance Company, resolving an investigation into violations of the Foreign Corrupt Practices Act (FCPA). The decision, detailed in a letter published on the DOJ’s website, requires Liberty Mutual to disgorge approximately […]
Blanche Memo Sets New Guidelines for FCPA Enforcement
FCPA prosecution is in a period of rapid development. It began on February 5th, when Attorney General Pam Bondi issued a memorandum stating that the Department of Justice (DOJ) would prioritize FCPA cases that relate to drug cartels and transnational criminal organizations. Just days later, on February 10, Trump issued an Executive Order (EO 63) directing the DOJ to “pause” all […]
PT Telkom Indonesia Is Under Investigation – What Employees Need to Know
PT Telekomunikasi Indonesia Tbk (PT Telkom) has disclosed that it is under investigation by the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) regarding potential violations of the Foreign Corrupt Practices Act (FCPA). Most likely, this means that the company is under investigation for bribery and corruption. In a regulatory filing, PT Telkom […]
How to Report Sanctions Violations
Article by John Joy, Managing Attorney, FTI Law. Sanctions are legal restrictions that prohibit U.S. persons and businesses from doing business with certain entities and in certain regions. Sanctions are enforced by the Department of Treasury and the Department of Justice (DOJ). Both agencies regularly issue fines to companies for violating sanctions and pursue violators […]
Bondi Memo and Executive Order Usher In New Era of FCPA Enforcement
FCPA prosecution is historically ‘quiet’ in the months following a Presidential inauguration. This is to be expected given the changeover in leadership positions at both the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). But barely two months into the second Trump administration and there have been major developments in FCPA enforcement, […]
McKinsey Settles DOJ Bribery Charges for $122 Million
December 10, 2024 – McKinsey Africa, a subsidiary of the global management consulting firm McKinsey & Company, has been charged with violations of the Foreign Corrupt Practices Act (FCPA), following allegations that it orchestrated a bribery scheme aimed at securing multimillion-dollar consulting contracts in South Africa. According to court documents, from 2012 through 2016, McKinsey […]