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Regulatory investigations and enforcement: Key developments
The past six months have seen a number of key changes in the regulatory investigations and enforcement space.
Airbus’ sky-high settlement: Focus on global reach and collaboration in anti-corruption prosecutions
Authors:
Global | Publication | February 2020
On January 31, 2020, France, the United Kingdom and the United States announced a settlement with Airbus SE (Airbus), the French aircraft manufacturer, in relation to bribery allegations and, in the US and France, export control violations. The combined penalties total US$3.9 billion, the largest anti-corruption settlement in history. The settlement offers insight into corruption enforcement in the different countries and, perhaps more importantly, a view of the future of coordinated multi-jurisdictional investigations and enforcement.
The case illustrates the trends that we are seeing in our practice: (i) regulators and prosecutors are increasingly working together to investigate and resolve issues; (ii) the ambit of extra-territorial jurisdiction is being continually expanded; and (iii) common global standards for effective compliance programs are emerging.
Read the full briefing on our Regulation Tomorrow blog.
Head of White Collar Defense and Investigations, United States
Email
kevin.harnisch@nortonrosefulbright.com
Deputy General Counsel, Compliance
Email
mayling.blanco@nortonrosefulbright.com
Senior Associate
Email
katey.fardelmann@nortonrosefulbright.com
Global Co-Head of International Arbitration
Email
ruth.cowley@nortonrosefulbright.com
Head of Dispute Resolution and Litigation, Europe, Middle East and Asia Pacific
Email
patrick.bourke@nortonrosefulbright.com
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