The U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC) emphasize each year that the Foreign Corrupt Practices Act (FCPA) continues to be a top enforcement priority. Their recent actions have borne this out. Since the law’s inception, the DOJ and the SEC have resolved at least 530 FCPA actions against corporations and individuals, resulting in fines and penalties totaling more than $11 billion. The pace of their enforcement activity has accelerated in recent years. From 2010 to 2017, the DOJ and SEC brought a total of 214 FCPA actions against corporations, and 151 FCPA actions against individuals. Over 100 companies have disclosed that they are subjects of current FCPA investigations, and numerous other investigations are not yet public. Globally, countries across Europe, Latin America, and Asia are not only bulking up their own anti-corruption enforcement programs, but coordinating closely with the DOJ and the SEC to bring cases with a multinational reach. In this environment, it is imperative that companies and their executives work diligently to ensure compliance with the FCPA and other foreign anti-corruption laws. This includes developing and maintaining of plans to prevent potential violations of the FCPA and related laws, and addressing government enforcement actions quickly and efficiently when they arise.
Wiley’s multidisciplinary FCPA and anti-corruption practice has the expertise to navigate clients through this high-risk area of law. Our attorneys are experienced in structuring and implementing effective corporate compliance programs designed to prevent violations. Should government enforcers call, Wiley’s FCPA and Anti-Corruption Team possesses the experience and skills necessary to investigate and defend complex enforcement actions across the globe. Our work on FCPA matters includes:
- Representing companies and senior corporate executives in DOJ criminal and SEC civil investigative matters;
- Regularly counseling Fortune 500 clients on compliance with the FCPA;
- Conducting due diligence on target or newly acquired companies, international agents, joint venture partners, and other third parties across the globe;
- Providing annual audit and compliance advice to companies under a consent decree with the DOJ;
- Developing and providing regular FCPA training for publicly traded and privately held companies and private equity firms; and
- Developing FCPA and anti-corruption compliance programs for entities in a variety of industries, especially in the defense, communications, and financial services sectors.
Our FCPA and anti-corruption practice counsels a wide variety of clients, including government contractors; financial institutions; manufacturers; insurers; communications providers; and energy, engineering, private equity, hospitality, technology, and construction companies. We have handled FCPA issues related to our clients’ business transactions in Africa, Asia, the Middle East, Europe, and Latin America. Our clients include public and privately held companies of all sizes, trade associations, and senior corporate executives.
Wiley’s FCPA and Anti-Corruption Team includes a former DOJ Fraud Section supervisor, former Assistant United States Attorneys specializing in white-collar and cyber-crime, a former DOJ Money Laundering and Asset Recovery Section trial attorney, SEC enforcement attorneys, experienced international attorneys, seasoned compliance counsel, and strategic litigators. These attorneys work with and are supported by a highly sophisticated interdisciplinary team of lawyers from our Government Contracts, Telecom, Media & Technology, Insurance, White Collar Defense & Government Investigations, International Trade, Election Law & Government Ethics, and Food & Drug Law groups, among others.
Risk-Based, Cost-Effective Compliance Programs
Wiley recognizes that a well-conceived and executed compliance program is the single most essential element in preventing corruption-related violations. However, to be effective, a compliance program must be appropriately tailored to a company’s actual risk profile. We assist clients in developing individualized compliance programs to minimize both the risk and the adverse consequences of improper conduct. We regularly help companies with:
- Publishing company-wide ethics manuals;
- Conducting training programs and seminars;
- Establishing mechanisms for coordinating/operating the compliance program;
- Conducting due diligence on third parties;
- Assisting with audits;
- Maintaining accurate accounting and record-keeping systems; and
- Setting up anonymous reporting procedures.
Mergers & Acquisitions
Wiley’s attorneys methodically analyze mergers and acquisitions on behalf of both buyers and sellers to ascertain the potential for FCPA violations. Our analysis also looks for possible regulatory pitfalls and liability risks that may be assumed by the successor company. Our professionals counsel companies through the merger and acquisition process by:
- Assisting buyers and sellers in conducting FCPA due diligence;
- Handling internal investigations arising out of corporate due diligence;
- Providing for appropriate discipline of all offenders; and
- Implementing rigorous anti-corruption compliance policies and internal controls to avoid future FCPA problems.
Wiley’s FCPA attorneys handle all aspects of criminal and civil proceedings, as well as internal investigations and voluntary disclosures. We conduct internal FCPA investigations for companies in a wide range of industries – including defense, financial, insurance, aeronautical, freight, energy, construction, pharmaceutical, and engineering – with an eye toward minimizing clients’ potential exposure. Wiley’s experience defending enforcement actions, and our ability to identify recurring SEC and DOJ enforcement patterns, allow us to provide valuable counsel to clients and determine their best course of action should agency intervention seem imminent. Ultimately, our team has the depth and breadth to vigorously and successfully defend criminal and civil enforcement proceedings against individuals and entities in any industry or country where they might arise.
- Civil Fraud, False Claims, Qui Tam and Whistleblower Actions
- Communications Enforcement & Compliance
- Congressional Investigations and Oversight
- Criminal Investigations and Prosecutions
- Foreign Agents Registration Act (FARA)
- Foreign Corrupt Practices Act and Anti‑Corruption
- Internal Investigations and Compliance Programs
- Securities Enforcement and Litigation
- State Attorneys General
Related News & Insights
- Event2021 Wiley National Security Series: The Annual Foreign Corrupt Practices Act (FCPA) Midyear ReviewJuly 21, 2021Laura El-Sabaawi, Daniel B. Pickard
- Press ReleaseLegal 500 US Recognizes 44 Wiley Lawyers Across Seven Practice Areas NationallyJune 11, 2021Rand L. Allen, Stephanie M. Bell, Timothy C. Brightbill, Jeremy J. Broggi, Jon W. Burd, Ralph J. Caccia, Jason P. Cronic, Robert E. DeFrancesco, III, Cara Tseng Duffield, Laura El-Sabaawi, Claire J. Evans, Matthew J. Gardner, Henry Gola, Anna M. Gomez, Amb. David A. Gross, Jennifer D. Hindin, Derick G. Holt, Tracye Winfrey Howard, Christopher S. Huther, Paul F. Khoury, Kathleen A. Kirby, Charles C. Lemley, Scott M. McCaleb, Ari Meltzer, Kimberly M. Melvin, Brandon J. Moss, Kevin B. Muhlendorf, Kendra Perkins Norwood, Stephen J. Obermeier, Daniel B. Pickard, John R. Prairie, Alan H. Price, Eve Klindera Reed, Antonio J. Reynolds, Gary P. Seligman, John R. Shane, Richard C. Sofield, Daniel J. Standish, Mark B. Sweet, Roderick L. Thomas, Maureen E. Thorson, David H. Topol, Tara L. Ward, Richard E. Wiley
- AlertThe Department of Justice Pledges Proactive FCPA Enforcement in 2021June 3, 2021Kevin B. Muhlendorf, Daniel B. Pickard, Madeline J. Cohen, John Allen Riggins
- Media MentionKevin Muhlendorf Discusses Drop in Individual Prosecutions Reflected in DOJ Fraud Report for 2020Global Investigations ReviewFebruary 25, 2021Kevin B. Muhlendorf