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Falling short of expectations

Friday, December 21, 2012

U.S. government’s FCPA guidance deemed helpful, but far from perfect in terms of clarifying the punitive law. By Eric Johnson On Nov. 23, the global retailing giant Walmart suspended a number of India-based executives as part of an internal probe into bribery allegations there. Why was the date significant? Because it came just a week after the U.S. Justice Department and Securities and Exchange Commission jointly released a 130-page guidance on the Foreig...

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