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Anti-Corruption

UK Bribery Act To Come Into Force On July 1, 2011; Final Guidance Issued

On March 30, 2011, the UK government announced that the new UK Bribery Act (the Act) will come into force on July 1, 2011. At the same time, final joint prosecution guidance1has been issued by the Serious Fraud Office (SFO) and the Director of Public Prosecutions (DPP) on the approach toward...

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SEC Adopts Say-On-Pay Rules: What Companies Need To Do Now

On January 25, 2011, the Securities and Exchange Commission (SEC) adopted rules implementing the shareholder advisory votes and related disclosures required pursuant to Section 951 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act"). Specifically, the rules will...

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SEC's Proposed "Conflict Minerals" Rules

The Securities and Exchange Commission (SEC) recently proposed significant new reporting and supply-chain due diligence requirements relating to the use of so-called "conflict minerals." The new requirements are sweeping and, according to SEC estimates, would impact nearly 6,000 international...

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DOJ Decision On "No Solicitation" Agreements Provides Guidance On Antitrust Violations In Recruiting

On September 24, 2010, the Antitrust Division of the U.S. Department of Justice (DOJ) filed a lawsuit and proposed settlement in the U.S. District Court for the District of Columbia prohibiting six high-tech companies - Adobe Systems Inc., Apple Inc., Google Inc., Intel Corp., Intuit Inc. and Pixar...

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ICANN Moving Forward With New Top-Level gTLD Program; Launch Date Still Uncertain

Today, there are 21 generic top-level domains (gTLDs), including .com, .net and .org, in the domain name system. But that is expected to change shortly. Under a policy adopted in 2008 by the Internet Corporation for Assigned Names and Numbers (ICANN), the governing body for domain names, companies...

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Anti-Corruption

Structuring A Compliant Cross-Border Transaction

The role for chief compliance officers, general counsel, financial and accounting professionals during proposed mergers, acquisitions and dispositions of assets has expanded in recent years as greater public law, policy and enforcement activity is required to ensure that a contemplated...

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Update On Financial Reform Bill's Supply Chain Security And SEC Reporting Requirements For Products That Incorporate Congolese "Conflict Minerals"

On July 21, 2010, President Barack Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (Financial Reform Act). Among the many provisions of this vast legislation was one requiring corporations to report to the U.S. Securities and Exchange Commission (SEC) whether...

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