Emphasis on protecting US business, economic and national security interests In brief During a May 12 speech and in a newly issued Criminal Division White-Collar Enforcement Plan (the “Plan”), the Head of the US Department of Justice (DOJ)’s Criminal Division, Matthew R. Galeotti, set out the Department’s priorities for corporate criminal enforcement under the new Administration and issued a number of updated policy documents. These changes affect the Criminal Division’s Corporate Enforcement and Voluntary Self-Disclosure…
Baker McKenzie’s Global Supply Chain Compliance Blog has published a new post on a sample letterĀ issued by the U.S. Securities and Exchange Commission (āSECā) Division of Corporation Finance advising companies on their potential need to disclose direct and indirect impact of Russiaās invasion of Ukraine and the related international response on their operations. The sample letter does not create any new disclosure obligations, though it indicates that companies should consider the various direct and indirect…
Today, Baker McKenzie’s Global Supply Chain Compliance Blog published the blog “The White House Announces Key Findings from 100-Day Reviews Under ‘Americaās Supply Chains’ Executive Order and Takes Actions Intended to Ensure Supply Chain Resilience.”Ā The post examines a set of reports published by the White House following a 100-day review of four key supply chains: semiconductor manufacturing and advanced packaging; large capacity batteries, including electric vehicle batteries; critical minerals and materials; and pharmaceuticals and…