EXECUTIVE COMPENSATION CLAWBACKS IN FCPA CASES

A timely and interesting post on the FCPA Blog on 18 November lists  5 things to bear in mind in connection with the Goldman Sach board’ plan to claw back $174 million from former and current executives following the $3.3 billion in fines and penalties imposed on the bank following the 1MDB scandal.  It looks at how clawbacks work, and asks whether they’re a good idea.

https://fcpablog.com/2020/11/18/at-large-five-things-to-know-about-executive-compensation-clawbacks-in-fcpa-cases/

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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