After
the third longest wait for Senate confirmation in history, Loretta
Lynch finally received approval to be the next Attorney General of the
United States on April 23. When she assumes her position as the head of
the U.S. Department of Justice, complex challenges related to
cybersecurity and community-police relations will likely be at the top
of her list of undertakings. But Lynch has also vowed to make continuing
the DOJ’s commitment to fighting global corruption “a top priority.”
Indeed, Lynch has substantial FCPA experience – more
than any previous Attorney General (unsurprising, given that it was her
two predecessors, Eric Holder and John Ashcroft, who largely oversaw
the ascendance of the FCPA regime). As the U.S. Attorney for the Eastern
District of New York, Lynch collaborated with the DOJ’s Fraud Section
to secure the Ralph Lauren and Comverse non-prosecution agreements. She as worked on the other side as well. As a partner
at Hogan & Hartson, she conducted internal investigations, advised
clients that had run afoul of the FCPA, and conducted continuing legal
education classes on anticorruption. As lawyers, scholars, and business
leaders debate the need for FCPA reform (see, for example, here and here), what might the new Attorney General mean for the enforcement regime?
Read more of this post The FCPA Under Attorney General Loretta Lynch by Elizabeth Loftus
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Friday, May 1, 2015
The FCPA Under Attorney General Loretta Lynch by Elizabeth Loftus
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