You are reading the December 2024 Update of the Bass, Berry & Sims Enforcement Roundup, where we bring notable enforcement actions, policy changes, interesting news articles, and a bit of our insight to your inbox.

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  • An aviation services and products firm agreed to pay more than $55 million to settle Foreign Corrupt Practices Act (FCPA) investigations by the Department of Justice (DOJ) and Securities and Exchange Commission (SEC).
  • Freight forwarder C.H. Robinson International Inc. settled with the Treasury Department’s Office of Foreign Assets Control (OFAC) related to apparent violations of U.S. sanctions on Cuba and Iran.
  • The Department of Commerce’s Bureau of Industry and Security (BIS) penalized Indium Corporation for violations of U.S. export controls on Russia.
  • McKinsey’s African subsidiary agreed to pay more than $120 million to resolve an FCPA investigation into a bribery scheme involving South African officials.
  • OFAC settled with Córdoba Music Group for apparent violations of the Iranian Transactions and Sanctions Regulations (ITSR).
  • An aviation equipment supplier settled with OFAC for inadvertently conducting business with sanctioned Russian parties.

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Photo of Faith Dibble Faith Dibble

Faith Dibble counsels clients as they navigate the complex regulations associated with a global marketplace. She advises clients on international trade and complex cross-border transactions, investigations, and regulatory and compliance matters relating to U.S. national security.

Photo of Thad McBride Thad McBride

Thad McBride advises public and private companies on the legal considerations essential to successful business operations in a global marketplace. He focuses his practice on counseling clients on compliance with U.S. export regulations (ITAR and EAR), economic sanctions and embargoes, import controls (CBP)…

Thad McBride advises public and private companies on the legal considerations essential to successful business operations in a global marketplace. He focuses his practice on counseling clients on compliance with U.S. export regulations (ITAR and EAR), economic sanctions and embargoes, import controls (CBP), and the Foreign Corrupt Practices Act (FCPA). He also advises clients on anti-boycott controls, and assists companies with matters involving the Committee on Foreign Investment in the United States (CFIUS). Thad supports international companies across a range of industries, including aviation, automotive, defense, energy, financial services, manufacturing, medical devices, oilfield services, professional services, research and development, retail, and technology. Beyond advising on day-to-day compliance matters, Thad regularly assists clients in investigations and enforcement actions brought by government agencies, including the U.S. Department of Justice (DOJ), the U.S. Treasury Department Office of Foreign Assets Control (OFAC), the U.S. State Department Directorate of Defense Trade Controls (DDTC), Customs and Border Protection (CBP), the U.S. Commerce Department Bureau of Industry & Security (BIS), and the Securities & Exchange Commission.

Photo of James Parkinson James Parkinson

Jamie Parkinson focuses his practice on counseling businesses and individuals in regulatory compliance and government investigations, with an emphasis on multi-jurisdictional and Foreign Corrupt Practices Act (FCPA) matters. A member of the firm’s Compliance & Government Investigations group, Jamie  has significant experience navigating…

Jamie Parkinson focuses his practice on counseling businesses and individuals in regulatory compliance and government investigations, with an emphasis on multi-jurisdictional and Foreign Corrupt Practices Act (FCPA) matters. A member of the firm’s Compliance & Government Investigations group, Jamie  has significant experience navigating cross-border matters and representing clients in criminal and civil enforcement actions involving the FCPA, extradition, securities fraud, insider trading, false statements and environmental issues.