FCPAE

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FCPA enforcement has been declared a top priority by the U.S. Department of Juctice and the Securities and Exchange Commision. FCPA prosecutions have generated much attention to the need for stringent compliance and due diligence procedures. In this Knowledge Group FCPA webcast, distinguished professionals will help you understand the most critical issues which will include:

- Greater cooperation among regulators and prosecutors from other countries. Several countries have    brought their own corruption charges that are connected to FCPA actions brought by US authorities.
- Greater focus on pursuing individuals.
- Effective corporate compliance procedures.
- Internal investigations conducted by outside counsel and forensic auditors.
- SEC prosecutions using the FCPA’s accounting provisions (false books and records, and failing to    maintain adequate systems of internal controls), without charging violations of the anti-bribery    provisions of the FCPA.
- The legal minefield of doing business with state-owned enterprises given US prosecutors’ claims    that employees of such enterprises are “foreign officials” under the FCPA.

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Group, LLC
Recommended CLE/CPE Hours: 1.75 - 2.0
Important Note: Your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date or you will not be able to obtain CLE credit.
Advance Preparation: Print and review course materials
Course Code: 103968
Recording Fee: $299 (Please click here for details)
NASBA Sponsor Number: 109004

 

Featured Speakers for The Foreign Corrupt Practices Act Enforcement: Recent Trends and Outlook for the Future LIVE Webcast:


Proposed Agenda (click here to view more)
SEGMENT 1:


Charles E. Cain, Assistant Director, Division of Enforcement,
United States Securities and Exchange Commission

-   Cooperation Tools: On January 13, 2010, the Division of Enforcement introduced an enhanced cooperation initiative. This includes cooperation agreements, deferred prosecution agreements, and non-prosecution agreements.
-   Whistleblower provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

SEGMENT 2:


Eugene Goldman, Partner,
McDermott Will & Emery LLP

-   "Red flags" of FCPA problems are now well-known and should be recognized in a company's compliance program designed to prevent FCPA violations.
-   Corporate executives who are asleep at the switch in supervising their direct reports are subject to SEC action as "control persons" for violations of accounting provisions of FCPA.
-   FCPA's "Knowing" Standard: violations do not require person to be told directly that a sales agent/business consultant intends to share commissions with a foreign official or is owned by a foreign official.
-  High risk of doing business with state-owned enterprises, particularly in China, where employees of such enterprises are often deemed "foreign officials" under the FCPA by US authorities. Lessons learned from work of MWE China Law Offices.
SEGMENT 3:


Phillip Desing, Managing Director, Forensic Practice,
KPMG LLP

- Approximately 140 companies and/or individuals are currently under investigation for potential FCPA    violations, according to Assistant Attorney General Lanny Breuer, Criminal Division, U.S. DOJ (Jan.    19, 2010).
- Increased enforcement activity by U.S. regulators coupled with greater cooperation by foreign    authorities:
     - SEC created a new FCPA Unit – February 2010
     - Greater cooperation by foreign authorities
     - BAE Systems (DOJ and SFO – February 5, 2010)
     - Innospec (DOJ, SEC, OFAC, and SFO – March 18, 2010)
     - UK Bribery Bill
     - The U.S. will investigate U.S. and foreign issuers equally, as well as companies operating within         U.S. territory
- Rise in sophisticated investigative techniques for FCPA cases
     - FBI Sting Operation – 22 Executives were arrested and 21 search warrants were executed by over 150 FBI Agents and City of London Police Officers
     - First ever large-scale undercover operation utilized in an FCPA investigation
     - 30-month investigation
- Prosecuting senior company executives in their individual capacities will be a priority
- DOJ coordinated sector-wide investigations
     - Medical device, pharmaceutical, military, and law enforcement products and possibly the    telecommunications industries
- FCPA due diligence will be a regular feature of mergers and acquisitions and transactional work
- Increased enforcement of other crimes, alongside FCPA violations, is expected, including      money-laundering, export controls violations and false accounting



United States Securities and Exchange Commission
Charles E. Cain
Assistant Director, Division of Enforcement
speaker bio »»

McDermott Will & Emery LLP
Eugene Goldman
Partner
speaker bio »»

KPMG LLP
Phillip Desing
Managing Director, Forensic Practice
speaker bio »»

** Important Notice: More speakers will be added to this event soon. Keep checking back for updates.

Who Should Attend?

- International Counsel
- Trade Counsel
- Compliance Officers
- Ethics Officers
- Foreign Subsidiary Directors
- Internal Auditors
- International Contract Managers

Why Attend?

This is a must attend event for anyone interested in understanding Foreign Corrupt Practices Act Enforcement.
- New guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A

Registration Information:                                                                                                                                    



Foreign Corrupt Practices Act Enforcement: Recent Trends and Outlook for the Future
LIVE Webcast
Speaker Firms:


United States Securities and Exchange Commission




Forensic Practice, KPMG LLP





 

The Knowledge Group, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasba.org


 

We are an approved multi-event sponsor in the state of California. Our provider ID is: 14451. In Texas, Illinois, and Virginia, we submit programs for individual approval in advance. In all other states, once attendance is verified, participants are emailed an official certificate of attendance which they submit to their respective State Bar Associations. Our programs are created with continuing education in mind and are therefore designed to meet the requirements of all State Bar Associations. If you have any questions, please email our CLE coordinator at: info@knowledgecongress.org

Important Note: Your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date or you will not be able to obtain CLE credit.

Attention New York Attorneys:

This program is approved for CLE credit under New York’s Approved Jurisdiction policy. The Knowledge Group, LLC is an approved sponsor in the state of California, a New York Approved Jurisdiction. This program fulfills the non-traditional format requirement of exceeding 60 minutes in length. Please note only experienced attorneys (more than 2 years) are eligible to receive CLE credit via non-traditional format learning platforms. The Knowledge Group will verify attendance during the webcast via secret words (3 per credit hour) and by auditing attendees log in and log out records. All verification instructions will be provided during the webcast. Once attendance verification requirements have been completed, the attendee will be issued a certificate of attendance be The Knowledge Group for the course with the recommended number of credit hours. The Certificate of Attendance is normally sent via email in 24 hours or less.

To Claim Your CLE Credits:

The attorney should simply include credits earned via Knowledge Group webcasts when computing the total number of CLE credits completed, and keep the Knowledge Group Certificate of Attendance for a period of at least four (4) years in case of audit. An attorney may count towards her/his New York CLE requirement credit earned through the Approved Jurisdiction policy without notifying the CLE Board.

To learn more about New York’s Approved Jurisdiction policy. Please visit: http://www.nycourts.gov/attorneys/cle/approvedjurisdictions.shtml



 
Enrolled Agents Sponsor ID Number: 760

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