http://www.davispolk.com/ en-us © 2011 Davis Polk & Wardwell LLP Tue, 21 May 2013 19:55:34 GMT Tue, 21 May 2013 19:55:34 GMT Martin Rogers and James Wadham, leading litigators in Asia, have joined the firm as partners in Hong Kong. Their arrival expands Davis Polk’s global enforcement and litigation platform and extends the firm’s leadership among the elite corporate law firms in Asia with an outstanding litigation capability. http://www.davispolk.com/news/detail.aspx?news=2231 News dae1dcc1-2dcf-4792-bd94-d64c27656891 Mon, 13 May 2013 00:00:00 GMT The Department of Justice (DOJ) and Securities and Exchange Commission (SEC) have released new guidance on the criminal and civil enforcement provisions of the Foreign Corrupt Practices Act (FCPA), entitled “A Resource Guide to the U.S. Foreign Corrupt Practices Act” (herein, the “Guide”). The 120-page Guide includes an extensive discussion of the FCPA and other statutes used in corruption investigations, provides helpful examples and hypotheticals, and discusses the government’s “Guiding Principles on Enforcement.” The Guide represents the government’s response to requests from Congress, the defense bar, members of the business community, and the Organisation for Economic Co-operation and Development (OECD) for additional clarity on the FCPA, and has been anticipated since November 8, 2011, when Assistant Attorney General Lanny A. Breuer announced that such guidance would be issued. As expected, the Guide thoroughly consolidates and recites existing case law and resolutions and provides new examples of cases in which the DOJ or SEC previously issued declinations. While the Guide may be helpful to many, those expecting something groundbreaking may be disappointed, as the Guide does not provide any new substantive interpretations. Nor does it address many of the nuanced questions with which many companies grapple. /files/Publication/f670cbdb-b859-4917-968b-592d0967d71d/Presentation/PublicationAttachment/41e0974d-b640-4400-ae06-5efbaf2d9a5e/111612_FCPA_Guidance.pdf Publication f670cbdb-b859-4917-968b-592d0967d71d Fri, 16 Nov 2012 00:00:00 GMT /files/Publication/c27e9ab0-06a7-41a1-b2bb-f3271f866f34/Presentation/PublicationAttachment/4d52d4e2-6417-428a-aeda-3c045d63ae9e/compliance.nov12.pdf Publication c27e9ab0-06a7-41a1-b2bb-f3271f866f34 Tue, 13 Nov 2012 00:00:00 GMT Davis Polk partner Linda Chatman Thomsen will be among the participants at Practising Law Institute’s 44th Annual Securities Regulation Institute. Thomsen will moderate the “Ethics: Dealing with Whistleblowers and Investigations” panel, which will address topics such as the impact of whistleblowers on internal compliance programs, impermissible retaliation, how the SEC’s program is working, and issues in representing multiple clients. http://www.davispolk.com/events/detail.aspx?event=389 Event 1ded1a36-4e3b-4049-a335-33065d4edf33 Wed, 07 Nov 2012 12:00:00 GMT Recently, the Department of Justice publicly announced, for the first time, the decision not to prosecute a company after an FCPA investigation and cited the company’s pre-existing compliance program as one reason for that decision. That matter involved Morgan Stanley and Davis Polk served as its counsel. To address the issues relating to this important matter and its implications, Davis Polk hosted a live webcast. Davis Polk lawyers were joined by : Raja Chatterjee, Global Head of the Anti-Corruption Group in the Legal and Compliance Division at Morgan Stanley View the webcast > http://www.davispolk.com/resources/detail.aspx?publication=1261 Publication 54410367-bd3f-455e-9db2-d49f724ae779 Tue, 09 Oct 2012 00:00:00 GMT Davis Polk partner Linda Chatman Thomsen will be among the participants at Practising Law Institute’s Tenth Annual Directors’ Institute on Corporate Governance. Thomsen will speak on the “Enforcement and Compliance” panel, addressing topics including the latest in whistleblower activity; the Foreign Corrupt Practices Act and the U.K. Bribery Act; insider trading and compliance; and the impact of Dodd-Frank. The program will be held on September 12, 2012, in New York and via live webcast. http://www.davispolk.com/events/detail.aspx?event=367 Event 1c82fcf9-debf-4241-b27d-67cc0d2540f4 Wed, 12 Sep 2012 12:00:00 GMT On July 18, 2012, the Consumer Financial Protection Bureau (“CFPB”) announced its first public enforcement action. Citing deceptive tactics in the marketing of certain credit card “add-on” products, the CFPB fined Capital One Bank (U.S.A.), N.A. $25 million and ordered it to refund an additional $140 million, plus interest, to two million customers. Simultaneously with the announcement of the Capital One action, the CFPB issued a compliance bulletin advising institutions within its supervision of the CFPB’s expectations regarding the marketing of these and other similar consumer financial products. /files/Publication/8a782741-3876-4f90-9a09-d103ddf875c1/Presentation/PublicationAttachment/29d8fd80-4bef-4ea8-b9a2-d6c1abd9ea71/072312_CFPB_Announces_First.pdf Publication 8a782741-3876-4f90-9a09-d103ddf875c1 Mon, 23 Jul 2012 00:00:00 GMT Davis Polk partner Angela Burgess will be among the speakers at the American Conference Institute’s 15th FCPA Boot Camp, which will be held June 26-27, 2012, in Chicago. Burgess will participate in the interactive workshop, “The Fundamentals of FCPA Compliance: An In-Depth Guide to Navigating the Foreign Corrupt Practices Act and Lessons Learned from Recent Developments in Caselaw and Enforcement.” http://www.davispolk.com/events/detail.aspx?event=349 Event 9267a4dd-15f0-47d6-b6dc-fb8ebab37ab3 Tue, 26 Jun 2012 12:00:00 GMT http://www.davispolk.com/news/detail.aspx?news=1723 News ff049606-ced2-45d1-8469-bfb63ac0930c Fri, 08 Jun 2012 00:00:00 GMT