News and commentary about white-collar crime, enforcement, and compliance
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
This week I’m answering a question from a reader. She asked: “I’ve just started my first job at a big law firm, and I want compliance to be the focus of my career.… Continue Reading
China has been mentioned in more than 60 FCPA corporate enforcement actions, including eight in 2019 alone. So FCPA practitioners have long been wary of potential problems there. And yet, with serious recent developments potentially impacting trade and on-the-ground operations, now is a good time to reassess China compliance risks.… Continue Reading
Job Title: Senior Corporate Counsel, Compliance
Employer: Tesla
Location: Fremont, California USA… Continue Reading
The effort to understand and coordinate global anti-corruption enforcement continues with the work of the Network of Corruption Prevention Authorities.… Continue Reading
The DOJ and SEC published the Second Edition of A Resource Guide to the U.S. Foreign Corrupt Practices Act Friday, updating for the first time the best government-produced FCPA guidance.… Continue Reading
Connecticut-based Alexion Pharmaceuticals, Inc. agreed to pay $21.4 million to resolve SEC charges that the company violated the FCPA by bribing foreign officials in Turkey and Russia, and failing to maintain accurate books and records at subsidiaries in Brazil and Colombia.… Continue Reading
The World Bank debarred a South Korean engineering and construction company Wednesday for thirteen months for fraud involving a project in Vanuatu.… Continue Reading
During the second calendar quarter — amid the Covid-19 lockdown — there were two corporate FCPA enforcement actions. For comparison, during the second calendar quarter last year, there were three corporate FCPA enforcement actions, and during Q2 2018, there were five corporate FCPA enforcement actions.… Continue Reading
Job Title: Senior Compliance Counsel
Employer: Unity Technologies
Location: Austin, Texas USA… Continue Reading
The recent news that the UK government is relaxing its wrongful trading rules is to be welcomed. The proposal to temporarily shield directors from liability when their companies do business while having negative balance sheets is set out in the Corporate Insolvency and Governance Bill, which is currently going through the UK parliament’s legislative process and is expected to be passed into law imminently.… Continue Reading
A compliance training video co-produced by Mastercard and now available to other corporations about the perils of inappropriate and unethical relationships with third parties has won a top award from the Academy of Interactive & Visual Arts.… Continue Reading
In the prior post, I described recent FCPA enforcement actions — involving Stryker, Polycom, Microsoft, and Juniper Networks — which show that the SEC is on an ‘internal controls rampage’ involving the way issuers (public companies) establish and manage relationships with third parties, particularly distributors and resellers.… Continue Reading