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Justice Department Provides More Guidance on FCPA Compliance

Justice Department Provides More Guidance on FCPA Compliance

            On April 8, 2011, Johnson & Johnson settled criminal FCPA allegations and agreed to “pay a $21.4 million penalty to resolve criminal FCPA charges with the DOJ and $48.6 million in disgorgement and prejudgment interest to settle the SEC’s civil charges.”               As part of the settlement, Johnson & Johnson agreed to a Deferred Prosecution Agreement (DPA) which included two important attachments outlining compliance...

The Person of the Year — The Chief Compliance Officer

The Person of the Year — The Chief Compliance Officer

Since we are closing in on the end of 2011, it is time to join the crowd and select the person of the year award — even in our narrow field of reference: compliance.  For me there is no question — it is the chief compliance officer.  There is no other position in a company which has taken on more significance. All you need to do is consider...