
Publication
Reducing wildfire-related D&O liability risk
Recent catastrophic wildfires in California and Hawaii have intensified public scrutiny of utilities and other companies that operate in areas susceptible to wildfires.
United States | Publication | February 2023
While bid rigging and other offenses relating to procurement fraud are nothing new in the history of the Antitrust Division's criminal enforcement efforts, the Division's prioritization of and organization regarding these offenses changed in late 2019.
The Procurement Collusion Strike Force (PCSF) and procurement cases have become mainstays of the US DOJ Antitrust Division's criminal cartel enforcement efforts since that time. Through a combination of its durable design, favorable circumstances for its growth, and the Antitrust Division's own diligence in building a network that spans the procurement landscape and prioritizes procurement cases, the PCSF is poised to play a prominent role in US cartel enforcement and maintain the Division's enforcement focus on public procurements in the coming years.
This article analyzes the PCSF's development and progress to date and assesses the initiative's progress so far in its own "detect and deter" mission.
Read the full CPI Antitrust Chronicle article, "The US approach to cartel enforcement in public procurements."
Publication
Recent catastrophic wildfires in California and Hawaii have intensified public scrutiny of utilities and other companies that operate in areas susceptible to wildfires.
Publication
FinCEN's interim final rule that removed the requirement for US companies and persons to submit beneficial ownership information (BOI) reporting under the CTA was published in the Federal Register.
Publication
The Corporate Transparency Act (CTA) is a United States law designed to enhance law enforcement’s ability to combat money laundering, terrorist financing and other illicit activities by increasing transparency with respect to owners of closely held business structures.
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