Designed for busy in-house counsel, compliance professionals, and anti-corruption lawyers, this newsletter summarizes some of the most important international anti-corruption law and enforcement developments from the past month, with links to primary sources. This month we ask: Which company was the latest to resolve foreign bribery allegations with French authorities? What did the European Court of Justice have to say about the legality of publicly accessible beneficial ownership registries? What did the Organisation for Economic Cooperation and Development (OECD) Working Group on Bribery have to say about Portugal’s and Turkey’s anti-corruption efforts? The answers to these questions and more are here in our November 2022 Top 10 list.
On November 30, 2022, a French court approved an approximately 16 million corporate settlement between Airbus and France’s National Financial Prosecutor’s Office (PNF) that resolves bribery allegations relating to the sale of commercial aircraft, helicopters, and satellites between 2006 and 2011 to the governments of Libya and Kazakhstan. According to the PNF, the settlement is a “limited” extension of the January 2020 settlement between the company and the PNF, which was part of a record-setting, $3.9 billion coordinated resolution involving authorities in the United States, France, and the UK. According to officials, the conduct underpinning the November PNF...
Pulsar Helium (LSE:PLSR) has issued a statement dismissing market rumours after becoming aware that a third-party broker had circulated misleading communications describing a supposed private plac...