In announcing recent changes to its corporate criminal enforcement policies, the Department of Justice (“DOJ” or the “Department”) continued its forceful “tough on crime” initiatives to deter wrongdoing.
Enforcement of corporate crimes, which languished for two years during the COVID-19 pandemic, will grow more vigorous this year and may be accompanied by significantly tougher penalties, partners with Vinson & Elkins’ (“V&E”) Government Investigations & White Collar Defense practice say.
A review of President Biden’s proposed Budget (“Budget”) for 2023 spotlights the enforcement priorities of the president’s Justice Department as the administration enters its third year. Vinson & Elkins’ review of the budget shows what the Biden administration is focused on and what that means for you and your company.
Partners Palmina M. Fava in Vinson & Elkin’s New York City office and Fry Wernick, as well as associates Brian L. Howard II and Peter T. Thomas, all in the firm’s Washington, D.C. office, joined Natura & Company’s Group Chief Legal and Compliance Officer, Itamar Gaino Filho, and Group Vice President of Ethics & Compliance, Richard P. Davies, to author a new chapter on the Foreign Corrupt Practices Act (FCPA) for Thompson Reuters’ Successful Partnering Between Inside and Outside Counsel.
Zach Terwilliger offers his insight into shifts in enforcement policies and the unique challenges spawned by the COVID-19 pandemic in this month’s Financier Worldwide Magazine fraud and corruption feature titled “White-collar crime in the post-COVID-19 landscape.”
On April 12, 2021, President Joe Biden nominated Kenneth Polite Jr. as Assistant Attorney General for the Criminal Division at the Department of Justice (“DOJ”).
In a striking rebuke, the U.K. Supreme Court found that the U.K. Serious Fraud Office (“SFO”) overstepped its authority when it tried to access corporate documents from the United States.
Update: On January 1, 2021, the Senate voted to override President Trump’s veto of the National Defense Authorization Act for Fiscal Year 2021 (“NDAA”).