China Remains An FCPA Hot Spot

Law360, New York (February 24, 2011, 2:27 PM EST) -- The global nature of corruption has recently been demonstrated in high-profile cases involving violations of the U.S. Foreign Corrupt Practices Act arising out of misconduct in Africa, Europe, Latin America and Asia.

The first corporate FCPA settlement in 2011, however, highlights the fact that companies operating in China face heightened FCPA risks. On Jan. 31, 2011, the U.S. Department of Justice and the U.S. Securities and Exchange Commission announced settlements with Maxwell Technologies Inc., alleging FCPA violations based on payments to Chinese officials at state-owned entities...
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