‘Tell me about the time you cheated’
Andy Spalding
October 2, 2023
This story comes from my compliance class. It’s the most powerful compliance lesson I taught.
“Tell me about a time when you cheated.”… Continue Reading
Editors
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
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
Chemical giant Albemarle agrees to pay $218 million to settle widespread FCPA violations
Harry Cassin
September 29, 2023
Albemarle Corporation agreed Friday to pay the DOJ and SEC $218 million in penalties and disgorgement to resolve FCPA offenses related to bribing government officials at state-owned oil refineries around the world. … Continue Reading
Clear Channel Outdoor pays SEC $26.1 million to settle China FCPA violations
Harry Cassin
September 28, 2023
Texas-based media company Clear Channel Outdoor Holdings Inc. agreed to pay the SEC $26.1 million to resolve FCPA violations for bribing Chinese officials to buy outdoor advertising in China.… Continue Reading
Uh-Oh. Another compliance-related term with multiple meanings
Richard L. Cassin
September 27, 2023
I wrote recently about the multiple meanings of “de-risking” and how compliance professionals need to know all those meanings. That post triggered a comment that took me by surprise. An old friend, whose job is to teach law school students about compliance, told me there’s a similar problem with another familiar compliance-related phrase.… Continue Reading
Will Deputy AG Monaco introduce M&A self-disclosure extensions at the SCCE conference next week?
Harry Cassin
September 26, 2023
Deputy Attorney General Lisa Monaco is speaking at the SCCE’s 2023 Compliance and Ethics Institute in Chicago next week. Will she be talking about standardized voluntary self-disclosure extensions for reducing FCPA risk in mergers and acquisitions?… Continue Reading
State Department shares details on upcoming ‘flagship’ UNODC anti-corruption event
Harry Cassin
September 25, 2023
We received the following note from a contact at the U.S. State Department regarding the upcoming 4th Anti-Corruption Academic Symposium:… Continue Reading
Should we congratulate the Taliban for reducing corruption?
Harry Cassin
September 21, 2023
I recently watched a documentary by a mainstream Middle-East-based news organization on Taliban rule in Afghanistan. It was given direct access to the so-called Taliban Palace and shadowed a Taliban spokesperson.… Continue Reading
Three award-winning Mastercard co-produced training videos are available now
Richard Bistrong
September 20, 2023
There are now three Mastercard co-produced compliance training videos available to be licensed by corporations globally. All three videos have won prestigious Telly and Communicator Awards for Corporate Training and Communication.… Continue Reading
‘De-risking’ has multiple meanings. Compliance officers need to know them all
Richard L. Cassin
September 18, 2023
English words sometimes change their meanings. Bad, cool, wicked, sick, awesome, literally, and like have undergone recent semantic shifts. But it happens less often with professional lingo, so when it does, we need to pay attention.… Continue Reading
The White House (and everyone else) grows jittery about corruption in Ukraine
Richard L. Cassin
September 12, 2023
On September 1, U.S. national security adviser Jake Sullivan met with the three heads of Ukraine’s government anti-corruption institutions. The backdrop of the meeting was growing calls in the United States and elsewhere to limit military aid to Ukraine because of the wartime graft problem.… Continue Reading
Is your company’s management model a compliance risk factor?
Richard L. Cassin
August 31, 2023
There are two basic management models to choose from: centralized or dispersed. Every global company leans toward one or the other. But for compliance, is one model better and one worse?… Continue Reading
DOJ publishes new Opinion Procedure Release on sponsored travel for foreign officials
Harry Cassin
August 29, 2023
The Department of Justice published a new Opinion Procedure Release (23-01) related to an adoption services company meeting a foreign government requirement to provide annual travel to officials to visit with some families that have adopted children from the foreign country “to ensure the success of the adoptions.”… Continue Reading