DOJ Announces It Will Extend FCPA “Pilot Program”
March 13, 2017 | The Insider: White Collar Defense and Securities Enforcement
The Department of Justice (“DOJ”), Fraud Section’s guidance for Foreign Corrupt Practices Act (“FCPA”) investigations and prosecutions, commonly referred to as the “Pilot Program,” will remain in place when the one-year pilot period ends on April 5. The extension was announced on March 10, 2017 by Acting Assistant Attorney General Kenneth A. Blanco in a speech at the American Bar Association’s National Institute on White Collar Crime. Blanco explained that when the Pilot Program expires, the DOJ will evaluate its “utility and efficacy” to determine “whether to extend it, and what revisions, if any, we should make to it” and stated that “[t]he program will continue in full force until we reach a final decision on those issues.” [...]