Baker McKenzie Partner Peter Tomczak has co-authored the sixth edition of The Foreign Corrupt Practices Act Handbook, a sought-after guide for in-house counsel at multinational companies seeking guidance and clarity on FCPA risks globally. The Handbook is published by the American Bar Association.
The Handbook has been fully updated and expanded, offering a comprehensive analysis of FCPA developments as updated from the previous 2018 edition, and anti-bribery and anti-corruption implications for transactions and compliance programs, offering practical guidance on how to address these issues.

On 26 March 2024, the IRS Advance Pricing and Mutual Agreement (APMA) Program issued their 25th annual Advance Pricing Agreement (APA) report describing the experience, structure, and activities of the APMA Program during calendar year 2023. The report provides statistical information about the numbers of APA applications received and resolved during the year, including countries involved and transfer pricing methods employed. This article identifies key takeaways based on the data from the report and our experience advising companies during the APA process.

The Colombian Tax Office (“DIAN”) and the Superintendence of Companies have entered into an inter-administrative agreement for the exchange of information related to the Ultimate Beneficial Owner Registry, to strengthen the inspection and control functions of these entities and their investigative powers.

Esparza v. Kohl’s, Inc., confirms that sharing electronic data with third-party applications or service providers without the website visitor’s consent creates a risk of lawsuits and potential liability for website defendants in states that require all parties to consent to interception of communications.