Reflection on Daimler’s FCPA Charge
Relaxed corporate governance standards once again proves to be a costly measure. On April 1, the Department of Justice agreed to defer prosecution against Daimler AG for allegations of bribery and conspiracy under the Foreign Corrupt Practices Act, calling for revised internal compliance and monitoring programs.
Clifford Chance offers a look at the DOJ’s recent FCPA enforcement directives and their impact on corporate accountability. Clifford Chance Overview.
