2020 White Collar Prosecution And Enforcement Trends By
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Increased Foreign Agents Registration Act (FARA) enforcement is here to stay. That is the consensus view of senior Department of Justice (DOJ) officials responsible for the statute’s administration and enforcement who appeared at the American Conference Institute’s (ACI) Second National Forum on FARA (the Forum), held virtually on 4 December 2020.
This alert summarizes the salient developments in FARA law and policy that DOJ officials and FARA practitioners discussed at the Forum, including:
New DOJ guidance on the statute’s legal representation exemption;
The scope of the Lobbying Disclosure Act (LDA) exemption;
Thursday, December 17, 2020
Introduction
A robust compliance program within a corporation is a critical component of business operations. It is responsible for detecting, preventing, remedying, and monitoring misconduct. Maintaining an effective compliance program serves as ample evidence that the corporation is in full compliance with the law and intends to follow it. A compliance program imposes anti-corruption standards that identifies, prevents, detects, and corrects risks. Its objective is to promote an organizational culture that promotes anti-corruption and encourages the internal reporting of misconduct for prompt resolution. It can also protect a corporation’s reputation through its strong anti-corruption and anti-bribery stance and emphasis on ethics.
Englewood Cliffs man admits to bribing Korean navy official for defense contracts
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An Englewood Cliffs man admitted on Thursday to paying $100,000 in bribes to a South Korean naval official in return for defense contracts, according to U.S. Attorney Craig Carpenito.
Deck Won Kang, 50, worked for multiple companies based in New Jersey that provided equipment and technology to military forces, according to the Justice Department s complaint.
Kang curried favor and private information from the foreign official by promising to compensate him after he resigned from public service. The official is not named in the complaint.
In 2010, Kang s conspirator helped induce the acquisitions administration of South Korea s Department of Defense to approve and maintain contracts with Kang s company during an initiative to update the country s naval technology.
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