In The News

Japan bar association’s anti-bribery guidance 'positive development' – lawyers

PaRR

22 Jul 2016

James Koukios, a partner in Morrison & Foerster's securities litigation, enforcement and white-collar defense practice group and former senior deputy chief of the Justice Department's fraud section, was quoted in this article regarding anti-bribery guidance and its relevant in treatment of third-party due diligence.

Koukios, a former official with the DoJ’s criminal division, worked on an FCPA case against trading firm Marubeni in 2014. He noted that in the last few years Japanese companies including Marubeni and engineering firm JGC were alleged to have violated FCPA by engaging in bribery via third parties.

“Due diligence of third parties can be an effective way to mitigate anti-corruption risk,” he said, noting that for Japanese and global companies 90% of FCPA cases involved third parties.

Close
Feedback

Disclaimer

Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our Privacy Policy, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.