Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
Performance bonuses are always an exciting upside. But what about compliance officers? Does incentive pay work for them? There are ways to measure performance and match it to rewards for most C-suiters, managers, and professional staff — sales targets, production goals, hiring matrixes, and so on.… Continue Reading
Corruption is no longer the U.S. government’s persona non grata – reluctantly acknowledged and somewhat ignored outside FCPA enforcement. The President’s summer National Security Memorandum and recent U.S. Strategy on Countering Corruption place governmental and other anti-corruption activities front and center.… Continue Reading
More and more, traditional banks are looking to acquire or partner with fintech firms. For the banks, it’s a way to expand their digital offerings across the financial services sector. And for the fintech firms — typically small, agile start-ups — it’s a way to get much needed capital.… Continue Reading
I’m not talking about bosses who are sometimes rude, occasionally thoughtless, and visibly ambitious. I’m talking about those bosses who have crossed the line into something a lot worse. Who — if they were ever to come under psychiatric scrutiny — would be diagnosed with narcissistic personality disorder.… Continue Reading
The World Bank debarred two companies on Tuesday for collusive and fraudulent practices connected with airport projects in Madagascar and Croatia. The Bank sanctioned a third company for a collusive practice in connection with the Madagascar project. … Continue Reading
China’s Central Commission for Discipline Inspection (the CCDI) recently released a new anti-bribery Guideline that sets out the Chinese Government’s desire to crack down on individuals and corporates committing bribery in China. … Continue Reading
In 2021, the DOJ and SEC brought FCPA enforcement actions against four companies and imposed financial penalties totaling $282 million. For comparison, in 2020, 12 companies paid a record $6.4 billion to resolve FCPA cases.… Continue Reading
Well, “two weeks to flatten the curve” in early 2020 has morphed into a two-year siege, and there’s still no end in sight. So, what’s been the impact on compliance? Let’s take a look.… Continue Reading
The New York-headquartered biopharmaceutical giant paid the DOJ and SEC $60 million in 2012 to settle FCPA offenses in Bulgaria, Croatia, China, Czech Republic, Italy, Kazakhstan, Russia, Serbia, Indonesia, Pakistan, and Saudi Arabia.… Continue Reading
Extending compliance programs to subcontractors has always been tricky. Interfere too much, and your company becomes liable for whatever goes wrong. A hands-off approach won’t work either. When subs flake out, prosecutors blame the head-in-the-sand attitude for the damage.… Continue Reading
Job Title: Global Ethics & Compliance Director
Employer: Anheuser-Busch InBev
Location: St. Louis, Missouri or New York… Continue Reading
So far in 2021, nine companies have disclosed new FCPA investigations. All nine new FCPA investigations disclosed by issuers remain active and open, according to the companies.… Continue Reading
