Foreign Corrupt Practices Act

The lowdown on Trump’s executive order on FCPA

It says that authorities will review existing policies for 180 days during which new investigations under Foreign Corrupt Practices Act won’t be enforced. The order doesn’t take away the American AG’s power to start a new investigation nor does it make earlier cases vanish. Its aim is to secure US strategic interests. While there may be temporary relief, it’s essential that companies operating in India continue to prioritize anti-corruption efforts

Beam Global returns to India after reviewing ops

Beam Global, which makes popular spirits brands like Teachers Whiskey, Jim Beam Bourbon and Pinnacle Vodka, is back after a three-month hiatus, report Sajeet Manghat and Sandeep Srikanth of CNBC-TV18.

SEC slaps USD 2-m fine on Oracle for cooking India books

CNBC-TV18‘s Shreya Roy reports that the SEC slapped a fine of USD 2 million on Oracle Corporation for falsification of its books-of-account and unauthorised payments in a few transactions with the Indian government.

India drugs inquiry could prompt new US scrutiny

Global drugmakers could face new US scrutiny after a report from lawmakers in India alleged abuses in that country's drug approval process, lawyers familiar with such investigations said.

FCPA + Travel Act: Double trouble?

By: Michael Diamant, Gibson, Dunn & Crutcher

Motorola Solutions probed for bribery

Motorola Solutions Inc is being investigated by U.S. regulatory authorities on whether the company paid bribes to win business in Europe, the Wall Street Journal reported,

SEC investigating Kraft for corruption in India

The US Securities and Exchange Commission is investigating Kraft Foods Inc for possible corruption at an Indian facility of its Cadbury unit, the company said in a regulatory filing.