Don't understand the DPA? Watch our video here for help.Read more >
During the past decade, the DOJ has increasingly relied on Deferred Prosecution Agreements ("DPAs") and Non-Prosecution Agreements ("NPAs") to resolve allegations of corporate criminal misconduct. DPAs and NPAs occupy a middle ground between a guilty plea that results in a company's criminal conviction and a declination that leaves the matter to a civil or regulatory resolution. In 2010 and 2011 alone, the DOJ and the SEC have entered 69 such agreements with companies, extracting a staggering $7.6 billion in corporate payouts with 5 settlements at $500 million or more and 13 settlements topping $200 million.
Although these agreements can help a company stave off some of the worst consequences of a criminal indictment, they are not quick-fix solutions. In addition to a hefty financial penalty, DPAs and NPAs often require extensive compliance and cooperation obligations and can result in significant future costs and risks. Given that reality, a company facing a government investigation needs to craft a comprehensive strategy for achieving a settlement agreement on acceptable terms while educating its senior leadership on the potential long-term consequences of entering into a DPA or NPA.
In this webcast, practitioners with decades of experience with DPAs/NPAs, corporate monitorships, internal investigations, and compliance programs will discuss the life cycle of a DPA or NPA, including how to set the stage before settlement discussions with the government begin, how to successfully negotiate with the government for the best outcome, how to foster a cooperative relationship with a corporate monitor, and how to mitigate the potential collateral consequences of settlement agreements.
Deferred Prosecution Agreements (“DPAs”) and Non-Prosecution Agreements (“NPAs”) are a relatively recent but significant tool U.S. regulators are increasingly relying on to resolve allegations of corporate misconduct. In short, DPAs and NPAs are agreements by the government to forego enforcement action in exchange for the company’s agreement not to commit further violations of the law and to perform specific compliance and cooperation obligations. In 2011, U.S. regulators have already secured nearly $2 billion in fines and other penalties and are on pace to equal or exceed the number of investigations resolved using these agreements in prior years. In addition to the DOJ’s Fraud Section, which uses DPAs and NPAs as its primary means of resolving corporate FCPA investigations, various other entities including the SEC, DOJ’s Antitrust Division, and numerous U.S. Attorneys’ Offices are increasingly using DPAs and NPAs to settle corporate investigations.
But all settlements are not created equal. Accordingly, companies must actively manage the process to secure the best outcome possible under the facts and circumstances unique to each case. A company’s action (or lack thereof) can often determine whether it receives a DPA or NPA, whether the government requires a corporate monitor, and the amount of fines and penalties that must be paid. In this webcast, practitioners with decades of experience with DPAs/NPAs, corporate monitorships, internal investigations, and compliance programs will discuss the life cycle of an agreement, from start to finish.
The DPA party invitation letters have been sent.
On the eve of the fifth anniversary of the Bribery Act, our panelists will take a look back at the Bribery Act’s pre-school years and what the future looks like.
A lot of water has passed under the bridge since the Bribery Act was passed in the last days of the last Labour government in the UK. Two general elections later and another change of government, the political and legal landscape looks a lot different:
This webinar will cover:
--Deferred Prosecution Agreements: now or never?
--The Bribery Act: How long until a corporate prosecution?
--Failure to prevent fraud offence: Will this new law be passed?
--Penalties: Jail time and fines
Please join us. We look forward to catching up!
- InnoSec is the winner of the EU commission Horizon 2020 grant based on its innovation in GDPR and cyber risk -
GDPR is an urgent issue that has companies scrambling to be compliant by May of 2018. Any organization that processes EU citizen data is in scope and the penalties are severe.
Alignment with the requirements can reduce the chances of triggering a Data Protection Authority (DPA) to investigate a company’s privacy practices after the GDPR takes effect in May 2018. DPAs can impose a fine on companies of up to 4% of annual global revenues for egregious violations of the GDPR. Member states can also add to these fines. The Netherlands, for instance, has more than doubled its own fining capacity to 10% of annual revenues. European privacy advocates are pressuring DPAs to fully exercise these new powers after May 2018.To manage this risk, multinationals should have a means to demonstrate alignment with the GDPR requirements and communication of this program with DPAs that have jurisdiction over their major European operations.
InnoSec’s GDPR solution provides privacy impact and risk assessments which measure the confidentiality and integrity of the system and the risk associated to it meeting articles 1,2, 5, 32, 35 and 36. Additionally, we provide a readiness gap analysis for managing, planning and budgeting for GDPR.
Most e-commerce, educational and multi-national organizations process EU citizen data and are in scope for GDPR. Moreover, most organizations are not ready according to Gartner and his means the race to the finish line requires as much automation as you can afford. InnoSec provides a means for companies to save money and time with their GDPR assessment and gap analysis offering.. Our GDPR offering automates the assessment process and provides a gap analysis readiness feature, that also ensures that organizations can plan, budget and manage their GDPR program.
Come to this webinar to see how it is done.
The Digital Privacy Act (DPA) from Canada is here…are you ready? The Government of Canada passed the Digital Privacy Act (DPA), which amends and updates the existing federal privacy legislation. As a business in Canada what does this mean to you and are you ready?
Aside from the obvious ramifications of a breach such as lost data and revenue, one of the many new requirements of the DPA requires all Canadian organizations to “keep and maintain a record of every breach of security safeguards involving personal information under its control.”
Attend this Webcast to learn how to use the National Institute of Standards and Technology (NIST) with Cybersecurity Framework (CSF) as a tool to help determine if you’re ready for this new, important legislation.
Key Learning Objectives:
-Basic overview of NIST Cybersecuity Framework (CSF)
-Review what the Canadian Digital Privacy Act (DPA) requirements are to your organization
-Understand how to utilize the CSF to prepare for the Digital Privacy Act
Miss this webinar at your peril! On the eve of the 5th anniversary of the Bribery Act entering into force we have now seen significant enforcement activity in the UK and the UK corporate crime regime is on the cusp of the biggest change in its history that will impact on every business with far reaching consequences for business.
In this webinar we shall look back over the last 12 months and forecast where we see developments in the year to come. We shall discuss:
1. Our take on the developments over the last twelve months, including the first DPA, corporate prosecution under the Bribery Act and use of the new sentencing guidelines.
2. What's next:
· What do the biggest alleged bribery scandal of all time and the Panama Papers have in common?
· DPA's v. Prosecution. With no discount for a DPA, what is the point?
· Changing the UK's AML regime: the other side of the Bribery Act coin & big changes are planned
· The London May Anti-corruption summit and the proposed biggest change to UK corporate criminal law, ever…which will eclipse the impact of the Bribery Act.
And you have our personal guarantees, that we won’t discuss Brexit and what that might mean for bribery and corporate crime. At all.
Don’t miss this opportunity to hear Vivian Robinson QC, former general counsel to the UK’s Serious Fraud Office and now a partner in McGuireWoods London; Barry Vitou, partner in Pinsent Masons LLP’s London office; Richard Kovalevsky QC, 2 Bedford Row; and Julian Glass, Managing Director, FTI Consulting, as they answer your questions and address these key topics.
Our predictions for last year were eerily accurate. Can you really afford to miss it?
As the Bribery Act starts to bite, the UK Government looks to abolish the SFO!
On the 6th anniversary of the Bribery Act entering into force we have now seen further significant enforcement activity in the UK.
In this webcast, our panel of expert UK attorneys and consultants look back over the last 12 months and forecast where we see developments in the year to come. The panel will discuss issues including:
-- Key developments over the last twelve months, including the Rolls Royce DPA and corporate prosecution under the Bribery Act.
-- What’s next:
* DPA’s v. Prosecution. Latest developments?
* Privilege and bribery investigations, what are the issues coming out of ENRC?
* What is the future of the SFO?
In this webinar, we will discuss:
• the joint effort between AT&T, Broadcom and ONF to support ON.Lab’s Central Office Re-architected as Datacenter (CORD) Project
• the specific use case of a SDN based leaf-spine fabric built with bare-metal OCP hardware (using Broadcom switching silicon) and open source switch software, built on top of Broadcom provided SDN reference software, Open Flow Data Plane Abstraction (OF-DPA).
The goal of the joint effort is to provide a pure SDN-based fabric implementing the following:
• standard L2 switching within racks,
• L3 forwarding across racks using MPLS labels between leaf and spine switches, with support for QinQ and IP multicast.
• The entire fabric will be controlled by an ONOS controller cluster. Broadcom’s OF-DPA 2.0 software will be used to program the OpenFlow rules in all the white box switches
Within the development of rapid screening methods to secure the global supply chain, the FDA’s Division of Pharmaceutical Analysis (DPA) has been building Raman spectral libraries for verification of pharmaceutical materials, in conjunction with handheld instruments in the field. Focusing on finished products, we evaluate the spectral library for method specificity, showing high specificity for drugs containing different active ingredients.Read more >
On July 1, 2012, the UK Bribery Act will mark its one-year anniversary. Since going effective one year ago, the UK Bribery Act has had broad and significant consequences for companies in the UK, the US and across the globe.
In this webcast, a panel of leading UK lawyers and professionals will discuss the UK Bribery Act after one year—what we now know, and what we can expect going forward.
This webcast is a “must attend” for general counsel, ethics officers and compliance counsel of any business affected by the UK Bribery Act. Don’t miss this opportunity to hear Vivian Robinson QC, former general counsel to the UK’s Serious Fraud Office now a partner in McGuireWoods London; Barry Vitou, partner in Pinsent Masons LLP’s London office; Richard Kovalevsky QC, 2 Bedford Row; and Julian Glass, Managing Director, FTI Consulting answer your questions and address key topics, including:
•The use of deferred prosecution agreements related to the UK Bribery Act;
•Today’s best practices on “adequate procedures” and what the next phase of training, monitoring, and due diligence should include;
•Clarification on issues such as gifts and hospitality, self-reporting, double-jeopardy, and extra-territoriality; and
•Insights on UK Bribery Act investigations and activity that have been completed and that may be underway