As February comes to a close, we are taking a moment to look back at the month’s biggest anti-bribery stories. It was quite an eventful month. Take a moment to vote on what you think was the most significant story:
- Two separate federal district court decisions pertaining to Magyar Telekom and Siemens revisited FCPA jurisdiction over foreign nationals and what constitutes having the necessary “minimum contacts” with the U.S. to confer jurisdiction.
- Two companies — Nabors Industries and 3M – disclosed this month that the DOJ and SEC had declined to press charges for FCPA violations by each company.
- Increased foreign bribery enforcement activity in Canada included proposed changes to the Corruption of Foreign Public Officials Act (CFPOA) and widening investigations into SNC-Lavalin.
- Foreign bribery enforcement actions in Italy against Finmeccanica and Eni SpA sparked the controversial response from Silvio Berlusconi that “paying a bribe abroad is a matter of necessity.”
- A widening corruption scandal in Spain implicated senior leaders of prime minister Mariano Rajoy’s Popular Party as well as Iñaki Urdangarin, the King’s son-in-law.